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Updated: June 7, 2025
On this city scrip our bank must have lost about ten thousand dollars. Meiggs subsequently turned up in Chili, where again he rose to wealth and has paid much of his San Francisco debts, but none to us. He is now in Peru, living like a prince. With Meiggs fell all the lumber-dealers, and many persons dealing in city scrip. Compared with others, our loss was a trifle.
Perkins, Professor Grind and this Meiggs girl would enjoy themselves together, leaving him to share Smith's talk with Miss Graham, whose eyes had somehow an engaging twinkle. The idea was rudely dispelled by Miss Meiggs's immediate and decidedly personal attack. At least, he would have preferred to talk about other people, but he faced the music.
"Last night I was unfortunately absent-minded," answered Miss Meiggs, "and I did not say all I wanted to. It wouldn't be a pleasant drive!" "He would have you at his mercy you shan't go!" laughed another girl, "it would be flying in the face of Providence as well as of Propriety!" "I can't imagine whom he's coming for," said Katharine, who was sure that he was coming for her.
The notes also of H. Meiggs, Neeley Thompson & Co., etc., lumber-dealers, were favorite notes, for they paid their interest promptly, and lodged large margins of these street-improvement warrants as collateral. At that time, Meiggs was a prominent man, lived in style in a large house on Broadway, was a member of the City Council, and owned large saw-mills up the coast about Mendocino.
Accordingly, Meiggs went back with me to our bank, wrote his note for twenty-five thousand dollars, and secured it by mortgage on real estate and city warrants, and substituted the three acceptances of the Hamburg firm for the overplus. I surrendered to him all his former notes, except one for which he was indorser.
It passes through sixty tunnels, the highest one of which is the Galeria tunnel, which is 15,665 feet above the sea. This railroad, perhaps the most wonderful ever constructed, was built by Henry Meiggs, an American contractor from New York.
On looking over our bills receivable, then about six hundred thousand dollars, I found Meiggs, as principal or indorser, owed us about eighty thousand dollars all, however, secured by city warrants; still, he kept bank accounts elsewhere, and was generally a borrower.
"I accept it, sir," Matt exclaimed, overjoyed. "What is it?" "That you stick in her at least six months." "I will if I live and she floats that long, sir. Thank you. Please have a second mate and an ambulance waiting for me at Meiggs Wharf on Monday. I'll touch in there on my way up river to discharge what's left of your skipper."
On looking over our bills receivable, then about six hundred thousand dollars, I found Meiggs, as principal or indorser, owed us about eighty thousand dollars all, however, secured by city warrants; still, he kept bank accounts elsewhere, and was generally a borrower.
He passed the two men as they stood in front of the bank and shouted a boisterous "hello." Adrian, ever courteous and good-natured, responded with a wave of the hand while Sherman, brusk and curt, as a habit of nature and military training, vouchsafed him a short nod. "I have small use for that fellow," he remarked to Stanley, "even less than I had for Meiggs."
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