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“Island Jetfoil Declares Bankruptcy.”
“I looked at Phil and said, ‘This is a 
sign,’” Tall remembered.
In Norway, they met with Fjellstrand 
AS, the shipbuilder they had been 
courting. To their astonishment, the 
yard had already purchased aluminum 
and begun cutting parts for what 
would become the Victoria Clipper 
I. The Norwegian government was 
heavily investing in shipbuilding at the 
time, offering subsidies to buyers. A 
Norwegian bank expressed interest in 
financing the vessel—but after several 
days of deliberation, it too wavered.
Fjellstrand’s managing director 
refused to let the deal collapse. He 
offered to personally guarantee the 
loan. An emergency board meeting 
was called. The bank reversed its 
decision.
At last, Tall and Lepley had a ship 
under construction. But the financing 
was not enough to fully launch the 
service.
Which brings us back to that 
freezing Oslo night.
From the payphone booth, charges 
reversed, they called Leonard Tall in 
Seattle.
“How much money do you have?” he 
asked. “And how much do you need?”
Tall and Lepley did the math, 
stripping out every conceivable extra 
it took nine years before Tall drew a 
salary. But partnerships flourished on 
both sides of the border, and a culture 
rooted in Pacific Northwest service 
values took hold.
“We’ve had the examples of great 
service companies--Nordstrom, 
Costco. You don’t have to explain it to 
somebody. If they’ve grown up here, 
they’ve experienced it,” Tall said. 
Phil Lepley eventually departed the 
company to continue expanding his 
other businesses, including Coastal 
Manufacturing in Mukilteo, while 
Tall continued to guide its growth. In 
2016, she sold the Victoria Clipper to 
FRS, a family-owned ferry company 
headquartered in Flensburg, Germany, 
with operations around the world. 
Today, Tall remains deeply 
connected to the marine world. 
She is a founding board member of 
SeaLife Response, Rehabilitation, 
and Research (SR3), the Pacific 
Northwest’s only marine animal 
hospital. Since opening its Des 
Moines facility in 2021, SR3 has 
treated injured seals, sea lions, sea 
turtles, and responded to whales 
entangled in fishing gear.
“Merideth took what she built 
at Clipper and applied it to our 
nonprofit,” said Casey McLean, SR3’s 
founder and executive director. “She 
understands negotiation. She sees 
both sides. And she knows how to 
make things happen.”
Looking back, Tall sees more than 
strategy in her journey. “I don’t believe 
in coincidence,” she said. “I believe 
the universe gives you inspirations. 
It’s up to us to be courageous enough 
to act on them.” 
expense—no spare engine, 
virtually no marketing budget. 
They had each invested 
$100,000 of their own 
savings, but they needed at 
least another $100,000 to get 
the ferry operational.
“Well,” Leonard said after a 
pause, “do you want a silent 
partner?”
With that leap of parental faith, the 
Victoria Clipper was born.
From the beginning, Tall’s 
ambitions extended beyond guest 
experience. She envisioned a year-
round ferry service that would provide 
stable employment for maritime 
professionals in Seattle.
“When you have a captain’s or 
mate’s license, you often have to go 
on shifts that take you away from 
home, and it’s hard. You don’t get to 
be there for your kids. You’re a tourist 
in your own home.”
Operating year-round required 
creativity. To attract visitors during 
Victoria’s quieter months, Tall 
expanded into travel planning and 
packaging, bundling ferry tickets 
with hotels and tours. The business 
became not just a transportation 
company, but a curator of experiences.
The Victoria Clipper launched in 
July 1986. The early years were lean—
From left to right: Merideth Tall, Leonard Tall, and 
Leonard’s wife, Barbara Alsdorf, at one of the Clipper 
team’s first staff holiday parties.”

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