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Updated: May 17, 2025
"When our experts shall have verified your statements at Harrisville, then the option of purchase is to be signed by us and forwarded to London, where it will be signed by Messrs. Guerney & Barring, the first payment made, and the contract underwritten or guaranteed by the Guardian, Executor & Trust Association, Limited, of London, whose capital is $5,000,000.
Searles and his experts were to go to Harrisville in Colonel Harris's private car. Later Mr. Searles and Colonel Harris were to meet in London, and then, if everything was mutually satisfactory, all parties were to affix their signatures to the agreement, and the cash payment was to be made at the London office of Guerney & Barring.
The color in the colonel's face suddenly deepened, as he read upon the card the name of Mr. Hugh Searles, representing Messrs. Guerney & Barring, London. "What's the matter, Reuben?" anxiously inquired Mrs. Harris. "Oh, nothing," said the colonel, "only that our overdue English visitor, Hugh Searles, has sent in his card."
Their success in handling high grade manufacturing plants had been phenomenal. Already at this business they had netted two million pounds. Reliable and expert accountants were always sent by them to examine thoroughly a client's ledgers. Already, bonds that carried the approval of Guerney & Barring, found ready market on Lombard, Prince, and other financial streets near the Bank of England.
Your replies confirmed the report and so we cabled for this initial meeting between us. "Messrs. Guerney & Barring have been most successful in financiering some of the largest business interests in the world, and thus they have achieved a splendid reputation.
Whereupon he pulled from his pocket a cablegram, to make himself doubly sure that his was not a fool's errand, and again read it in audible tones: London, May 24, 18 . Col. Reuben Harris, Hotel Waldorf, New York. Hugh Searles, our agent, sails May twenty-fifth on Majestic. Meet him at Hotel Waldorf, New York. Guerney & Barring.
When the United States Government was formed, with the adoption of the Constitution in 1789, there were just eight lights on the coast, namely, Portsmouth Light, N.H.; the Boston Light, mentioned above; Guerney Light, near Plymouth, Mass.; Brand Point Light, on Nantucket; Beaver Tail Light, R.I.; Sandy Hook Light; Cape Henlopen Light, Del.; and Charleston Main Light, on Morris Island, S.C. The Pacific coast, of course, was dark.
Guerney & Barring a contract, or option of purchase on the property with payments as named, the purchase to be conditioned upon a verification of the correctness of your statements. Our experts can examine and report soon on your accounts for ten years back, and on buildings, machinery, stock on hand, land, etc." "Mr. Searles, please explain further your 'London plan' of reorganization."
While he smoked, he glanced at the Tribune and again examined Searles's letter of introduction from Messrs. Guerney & Barring. At nine o'clock promptly, Mr. Searles came and Colonel Harris exhibited to him a brief statement of the business of the Harrisville Iron & Steel Co., extending over the last ten years, and showing the company's annual profits.
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