He paid him all the arrears of his stipulated income up to the present moment, and put him nominally into possession of a large number of shares in the railway,--with, however, an understanding that he was not to sell them till they had reached ten per cent. above par, and that in any sale transacted he was to touch no other money than the amount of profit which would thus accrue. 
He paid him all the arrears of his income, and allocated him a large number of shares in the railway - with an understanding that he was not to sell them till they had reached ten per cent above par, and that in any sale he was to touch no other money than the accruing profit.
