St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-18
HE BEATS THE RECORD
Some Insight Into the Life and Doipgs
of Chicago Fast Young
Man.
He Begins His Career by Securing
S37, 900 from His Sisters
Sweetheart.
On Being Married and Sent to Europe
He Sw1ndles an English
Nobleman.
Now He Langu1shes in a New York
Prison for Another Of
Tense.
A Rather Rapid young MAN.

A Rather Rapid Young Man.
Special to the Globe
CHICAGO, June 17.-Samuel G. Griggs.
Jr., who is under arrest in New York upon
the charge of swindling shipping agent,
is we'll known here. His father is Samuel
Z. Grlggs, the well known publisher, and
his wife is the daughter of Rev. DR.. Lori
mer, the eminent Baptist divine. The
young man graduated from Chicago Uni
versity in 1882, and has since been leading
the life of an adventurer, and having royal
time at the expense of other people. His
bright, frank face and boyish manner, with
the assurance of an experienced confidence
man, and an utter disregard of consequences
have made him successful in ca
reer that Hungry Joe' or cap
petite Bilr' would be proud Of AS
soon as he graduated from college he de-
termlned to enter Journalism, not as re-
porter, however. Nothing but the propre<
torship OF a firSt-class metropolitan daily
would satisfy his ambition. He endeavored
to purchase controlling interest in the
Evening Journal OF this city, and failing to
do that decided to
CAPTURE THE INTER OCEAN.
That corporation has a capital stock Of
$500, coo nearly one-third of which was then
in the treasury unsold. Young Mr.. Griggs
went about among the stockholders, and by
offering higher price than they supposed
their holdings were worth purchased about
one-third of the stock and gave his
notes for it payable sixty days
after date, the notes and stock
being deposited in the Chicago National
bank until payment was made. He next
sought Cyrus Fl. Mccormick, the son of the
late manufacturer of agricultural imple-
ments, who had just inherited from SIS
600, 900 to $40, 000,0 900. Mccormick at this
time was counting the sister of Griggs, and
being in submissive mood, was persuaded
to go to Nixon, manager of the Inter
cean, and purchase the stock. A few
days after the sale was made, and while
Nixon supposed that Mccormick was buy
ing on his own account, Griggs obtained
p OssesSion of the stock on pretense Of
having it transferred to his own name, so
that he might vote at an approaching cleo
tion Of directors. Mccormick, having full
faith in the honesty of
HIS swEETHEART'S BROTHER,
gave him the certificates, and much to the
astonishment of Nixon, young Mr.. Griggs
walked into the Inter Ocean Office and de-
manded that the stock be transferred to
himself, explaining that Mccormick was
AS soon as the transfer was complete
Griggs, instead of returning the certificates
to Mccormick as he had agreed to, took
them to the Illinois National bank, and
there borrowed $3.50 with the stock as
security. With this money he went over
to the Chicago National bank and there took
up the notes he had given in payment for
the shares he had bought from other stock
holders. When he
HAD A CONTROLLING INTEREST
to hold it until the board of directors was
elected and he had placed himself in charge.
But before he could carry out his scheme
Mccormick came down upon him and the
affair was settled by Mr.. Griggs ST., and
Dr.. Lorimer, whose daughter was to be
married to the young swindler in few
days. The wedding was held. and to get
the young man out of the way, his father
and father-in-law each contributed $500 to,
pay the expense of wedding trip to Eu--
rope, hoping by the time he returned the
scandal would be forgotten. After making
a journey over England and Scotland, and
by letters of introduction, securing an en-
tree into fashionable circles there, Mr..
GriggS
CHARTERED A YACHT
of an English nobleman for 81, 900 month,
and made cruise of the Mediterranean.
The yacht was completely stocked for a
three months cruise before he left
Southampton, all on credit, and after visit
ing all of the fashionable ports, and seeing
everything on this side of Constantinople,
the young man sailed around to Liverpool,
and there took a steamer for New York
without paying his bills. The nobleman
who was out So, 600 for the use of the
vessel had to pay all the liabilities to release
it from libel, and found his acquaintance
with young Mr.. Griggs had cost him some
where about $1,000. He sent man to
Chicago to collect it, but never got any
thing. Soon after arriving in New York,
Mr.. Griggs. having acquired taste for
yachting,
REPEATED HIS ADVENTURE.
with equal success. He purchased yacht
from Mr.. Duryea, the Glen Cove starch
man, or rather agreed to purchase it in
case it suited him after he had made cruise.
Mr.. Griggs settled by drawing bogus checks
upon bank in Chicago. Like the English
nobleman Mr.. Duryea was compelled
to settle all of the bills to save his vessel
from seizure, and they amounted to several
thousand dollars. He went to Chicago for
the purpose of sending young Mr.. Griggs
to prison. but his heart was softened when
he discovered the distress of the boys father
and father-in-law, and yielded to their
pleadings. Mr.. Griggs cashed the bogus
checks. Since then the young man has
been employed in the publishing house of
his father and was supposed to have re-
formed his ways, although the recent pub
locations of his transactions with Capt,
T,-,h Ia Il,