I believe Meriden guns were a Sears Roebuck and Co. before they sold the company.
My guess is that the firing pins are replacement and a tad too long causing the extractor to catch on them.
There were a few types of extractor types, one had a tapered dimple where the firing pin would be and upon closing the firing pin would be pushed in by this dimple. (see picture)
The other type had a rounded bottom and basically did the same thing.

I don't believe there were any springs to retract the firing pins. One other thing I would look at is to make sure the opening where the firing pins are is clean. After all these years a lot of residue would collect in there.