The Romance and Tragedy of a Widely Known Business Man of New YorkRussell, William Ingraham
General
The Romance and Tragedy of a Widely Known Business Man of New York
Russell, William Ingraham
Businessmen -- New York (State) -- New York -- Biography; Russell, William Ingraham
Mr. Viedler, who also was a creditor, was abroad. As soon as
he learned of the failure he returned to New York and advanced a
considerable sum of money to enable Ned to make a settlement with
his merchandise creditors. This took considerable time, and meanwhile
I required in my own business the use of all my resources. I told
Ned if he could not arrange to repay me I would be forced to sell
the pearls, and suggested taking them to Tiffany, where I was
well known, and asking them to make an offer. To this he strongly
objected, and much to my surprise, in view of all that I had done
for him, exhibited a good deal of ill-feeling toward me for taking
such a position. I remained firm, however, and fixed a date beyond
which I would not wait. The day before the specified time Ned
brought to my office Mr. Viedler's cheque to my order for five
thousand dollars.
[Illustration: EIGHTY-SIXTH STREET AND WEST END AVENUE]
Throwing the cheque on my desk he said, with a smile, "Here's your
money, old man; now I want you to do something for me. Just give me
your note for five thousand dollars payable to Viedler." I said,
"Why should I do that, Ned? I am not borrowing this money of Viedler.
This is not to benefit me--it is to help you and save those pearls."
"Yes, I know," he replied, "but Viedler is a queer sort of chap.
He has been putting up a lot of money for me. He wants this done
this way and I want to humor him. It will help me and won't hurt
you. Payment will never be demanded of you." I asked him if Mr.
Viedler was fully informed on the matter and knew what my position
was. He replied, "Yes, I have told him all about it." I then gave
him the note. The sequel to this incident will come in a later
chapter.
As a final result of our summer's deliberation we leased a house at
Eighty-sixth Street and West End Avenue and by the first of October
had become settled in our new home; the horses we took with us but
the ponies were sold. The children had outgrown them. "Redstone"
we closed for the winter. In the spring I offered it for rent and
quickly found a good tenant in the agent of the Rhinelander estate.
Our four daughters were entered at the school of the Misses Ely on
Riverside Drive and made rapid and satisfactory progress in their
studies.
As soon as we had become thoroughly accustomed to life in New York
I think every member of the family was glad of the change. The
children made many pleasant friends, enjoyed their school life,
their Saturday matinees and drives in the park, and not one of them
would have liked to return to Knollwood.
Public-domain text, read in full here on John Shaqi.
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