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Updated: June 9, 2025
But his father's investments in street-railways, which had risen with his own ventures, and which now involved an additional two hundred thousand how could he protect those? The shares were hypothecated and the money was used for other things. Additional collateral would have to be furnished the several banks carrying them.
"Buy any local street-railways?" "About five thousand shares." "We'd better go down to Green's," Frank observed, referring to the lobby of the principal hotel. "We're not through yet. There'll be more trading there." He led the way to find Wingate and his brother Joe, and together they were off, figuring up some of the larger phases of their purchases and sales as they went.
Local street-railways and speculative politicians were his undoing. The old man walked the floor all of the days, realizing that his sun was setting, that with Frank's failure he failed, and that this disgrace these public charges meant his own undoing. His hair had grown very gray in but a few weeks, his step slow, his face pallid, his eyes sunken.
He saw his brother and Wingate hurrying in, and stopped in his work long enough to instruct them. "Sell everything you can," he cautioned them quietly, "at fifteen points off if you have to no lower than that now and buy all you can below it. Ed, you see if you cannot buy up some local street-railways at fifteen off. Joe, you stay near me and buy when I tell you."
It seemed to him that if the street-car traffic were heavy enough, profitable enough, and these tunnels, for a reasonable sum, could be made into a lower grade, one of the problems which now hampered the growth of the North and West Sides would be obviated. But how? He did not own the tunnels. He did not own the street-railways. The cost of leasing and rebuilding the tunnels would be enormous.
"I have always thought she was rather attractive myself," replied Cowperwood, innocently. Street-railways at Last Among the directors of the North Chicago City company there was one man, Edwin L. Kaffrath, who was young and of a forward-looking temperament.
"There was these here gas companies, now, that them Otway and Apperson boys got in on, and then all these here street-railways. Why, I'm the feller that told Eddie Parkinson what a fine thing he could make out of it if he would go and organize that North State Street line. He promised me a bunch of sheers if he ever worked it out, but he never give 'em to me.
He saw in it the work of Schryhart, Hand, and others who were trying their best to discredit him. "Let them talk," he declared, crossly. "I have the street-railways. They're not going to rout me out of here. I can sell stocks and bonds to the public direct if need be! There are plenty of private people who are glad to invest in these properties."
"I don't think we should, should we?" she asked, naively, after a moment, pulling away from him. "Stephanie!" "I think I'd better go, now, please." Love and War It was during the earlier phases of his connection with Chicago street-railways that Cowperwood, ardently interesting himself in Stephanie Platow, developed as serious a sex affair as any that had yet held him.
Mollenhauer, Butler, and Simpson were interested in street-railways separately on their own account. There was no understanding between them on this score. If they had thought at all on the matter they would have decided that they did not want any outsider to interfere.
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