OHIO STATEWIDE FILES - Lindsay/Stipp Debate #3 
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File contributed for use in USGenWeb Archives by
Helen Silvey 
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http://jpaul.gwdi.com/silvey/
July 21, 1999
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Clippings re the Lindsay/Stipp debate were culled from the Ind. newpapers by
Katherine Mandusic McDonell, Editor of "The Journals of William A. Lindsay"
published 1989 by Indianapolis, Indiana Historical Society. They were
forwarded to the submitter, Helen Graham Silvey, who is a great granddaughter
of William Lindsay, M.D.
August, 1998
_________________________________________________________________ ___
The Indiana Journal 21 April 1838

COUNTERFEITERS DETECTED

     Wm. Lindsay & Co., apothecaries of Indianapolis, have been detected
imposing upon the public a base counterfeit of the "GARDENER'S LINAMENT." The
external appearance of their preparation is even cxalculated to deceive, 
being a fac simile to the genuine. The only mode of detecting the counterfeit
is the want of the signature of James C. Glascoe, of the firm of Glascoe and 
Harrison, written on the wrapper, and a stamp of the Lion and Mortar on the 
seal of the bottle.

     The Genueine Gardner's Linament is prepared only by the subscribers, as
the following certificate will show.

     Note-I hereby certify that I have sold to Glascoe & Harrison the only
Genuine Recipe for manufacturing "GARDNER'S CELEBRATED VEGETABLE LINATMENT,"
(as prepared by my husband Jas. Gardner, who is now deceased,) and I also
certify that none else have any knowledge of the recipe but them. They,
therefore, are the only constituted and authorized proprietors.

MARY GARDNER

............................
_________________________________________________________________ ___
The Indiana Journal, (weekly), 12 May, 1838
INDIANAPOLIS, 7th May, 1838
TO THE PUBLIC, AND MORE ESPECIALLY TO THE CREDITORS OF THE LATE FIRM OF W.
LINDSAY & CO.

     It would be uesless longer to conceal the truth of the matter that I am
unable at the present time to pay the debts against the late firm of W.
Lindsay & Co. which I frankly acknowled I agreed to do on purchasing out the
interest of Dr. G. W. Stipp, my late partner, a few days ago. From the time
my writ of injunction was laid on my late partner on the 12th April, until
sustained by the court on the 2d day of the present term, he has shown by his
acts, as well as public declarations, that he intended to do everything in
his power against the concern and to hasten my entire ruin.

     On purchasing him out I had a hope that if creditors would be indulgent I
should be able to continue the business; and so soon as an invoice should be
taken, then in a state of progress, it was my intention to have addressed a
circular to the creditors of the late concern, giving an exposition of the
amount of the debts as nearly as could be ascertained from the irregular and
deranged state of the Books, including the invoice of stock on hands,
together with the probable amount of available debts owing the establishment;
proposing that should they wish it, they or I would appoint a receiver,
either to go on, or to wind up, as should be deemed most advisable.

     Unfortunately for my interests, confidence, which had been on the wane
some time, now seemed entirely gone. And Dr. Stipp under the mask of pretended
friendship to creditors, but really to be avenged on me for preferring the
writ of injunction, had taken great pains to increase the general panic, and
urged them at every corner of the street to rush on the concern and secure
themselves which they might, or should have it in their power, and almost
with the same breath, made his boast that when my drugs were under the
hammer, he would have friends who would purchase my whole stock for him with
a few hundred dollars.--To have assigned at this stage of my difficulties
seemed to me to promise speedy destruction, as now there were already
judgments, executions and claims in a train for collection, sufficient to
have sacrificed my whole concern:--so to prevent a complete crash I had sold
out--believing that in time as the notes become due (having sold on time,) I
shall be enabled to do much more towards meeting liabilities than in any
other way.

     To me this is a sad reverse of fortune. Only twelve months ago I was at
Richmond in this state, and owned a fine property there, where I had for
several years sustained myself in a general practice, and had acquired a
reputation as a surgeon, particularly. My road to ease & Independence seemed
clear. When I left, to say my prospects there would warrant the net sum of
$1000 a year over & above meeting the current expenses of a large family, I
feel confident my friends at Richmond would readily admit was rather under
than over the pounds of probability.

      It was held out to me by way of inducement to come here that the liberal
business of something like $20,000 a year might be confidently anticipated,
in the sale of drugs at liberal profit.--And that a much more profitable
practice in the profession might as confidently  be anticipated with Dr.
Stipp, than I had been doing in Richmond. As it regards my individual or
private debts they fortunately do not amount to much. And I feel confident
that I shall be able to meet them, but for these I shall have to ask for some
further indulgence. And if this meet the concurrence of this class of
creditors the favor shall be duly appreciate. As fast as collections can be
made by my agent. Mr. G. B. Holland, all debts shall be met as far as can be
done. I feel conscious of having done the very best I could. And with the
purest intentions of making the very best disposition in my power of my Drug
Store, for the ultimate benefit of creditors, I have disposed of it.

     I have sold out my stock of drugs to Dr. SMITH, who is now associated with
me in the practice of the profession. Dr. Smith from his industry and
perseverance, and having retained the services of Mr. D. Craighead, a young
man of moral worth, and eminent qualifications as a practical druggist, and
as an accountant, will, I feel confident conduct the establishment well. And
I have every confidence that Dr. Smith will be enabled to meet his paper as
it falls due.

     As it regards my failure, I should hope for some extenuation and
indulgence, as least among my acquaintances here at home, from the fact 
that this state of things has been induced by the reckless manner of my late 
partner in managing the last firm concern; who in conducting the business 
seems to have acted out his doctrines or principles which I have heard him 
avow, viz: that it was more honorable to fail in an attempt to make a 
fortune on a large scale than to succeed, or do a safe business, in a small 
way.

     On purchasing out the interest of my late partner as he had kept the
books, I was quite at a loss and uninformed what the amount of the liabilities
were.  And as before hinted the books do no show, neither does Dr. Stipp 
pretend to know what the debts are. At one time he has put tham at $4000, and
again at $5000, or between that and $6000. So much for his abilities as an 
accountant and book keeper. I now appeal to my agent, Mr. G. B. Holland, for 
the truth of my assertion, that the books in many instances show great 
irregularity and are grossly incorrect.  And it happens to be the fact that 
all the errors are in his own favor. Ana and idea strikes me very forcibly 
which at least appears to me to be inferential, that if he had made as many 
blunders over the money drawer, as have come to light in the matter of 
keeping the books and converting firm debts to his private and individual 
interest without having charged himself on the books, it is not a matter of 
much surprise that the establishment should fail. On commencing business with
him, I proposed that a cash and sale book should be kept, but in this matter,
as in many others, he overruled me. His reply was "that it would be too much 
trouble."  He might have said that it would not suit his convenience. From 
the commencement of our partnership he was all the time pressed for cash to 
meet his private debts. And his individual matters are in some instances 
blended with those of the late firm in such a manner that to say the least 
of them, they appear grossly suspicious. I might say "above suspicion."

     The large way in which he went into the preparation of medicines, and
certain preparations last winter, during my absence from home, is one great
cause of the failure.And so far as merit or demerit may be chargeable for the
preparation of an article, for which I am held up to the public in a somewhat
responsible and degrading light, he not being known in the firm of W. Lindsay
& Co., Dr. Stipp is entitled to all the credit or odium consequent. I have
ever given my voice against infringing on the rights of others in
preparations of this character. AND I DO MOST POSITIVELY AND UNEQUIVOCALLY
DECLARE THAT I HAVE NO PERSONAL KNOWLEDGE OF THE COMPOSITION OF ANY PREPARED
IN THE ESTABLISHMENT, OTHER THAN THAT OF MY TONIC PREPARATION FOR GENERAL
DEBILITY AND CURE OF AGUE, CHILL, AND FEVER &c., BEYOND THOSE OF OFFICINAL,
OR FOUND IN THE USUAL FORMULARY OF THE DRUGGIST AND IN THE DISPENSATORY OF
THE SHOPS.

     The bragadocio letter written by G. W. Stipp to Glascoe and Harrison of
Cincinnati, which was first published in the Cincinnati Gazette, over the
signature of W. Lindsay & Co., and under the heading of "Frankly Admitted,"
or "Acknowledged," and going the round of the state, was written without my
knowledge or agency. As was the controversy growing out of it, including the
scurrilous communication which over the late firm's name made its appearance
in the Journal week before last. The liberty taken by G. W. S. to write these
communications under the late firm name of "W. Lindsay and Co., was entirely
unwarrantable.

     It is a duty I owe many of those in arrearages with the late firm of W.
Lindsay & Co., to state that no settlements made by G. W. Stipp, are of any
validity or of legal force since the period of my serving a writ of
injunction on him, vis: the 12th of April last, although he may, as has been
detected, have dated his receipts back. On purchasing out his interest in the
late firm the books were transferred to me; and all the debts which claim due
the late firm must be collected without respect to persons. Claims that
individuals may have against G. W. Stipp alone, will not be admitted as on
offset against firm debts. 
W. LINDSAY
    ma 12-30

N.B. Since purchasing out Dr. Stipp's interest in Drugs, and the Books, I
find the establishment not worth any thing near what he represented it to be
worth. And if certain offsets claimed, he allowed, the books will fall far
short of being worth their face, as he has converted a great many of the best
accounts to his private benefit, and the payment of his individual debts.
_________________________________________________________________ _

     Indiana Journal May 19, 1838, p. 3, col. 4

NOTICE
     All persons indebted to the late firm of Wm. Lindsay & Co., either by
note, book or otherwise and also those having medicines on commission, 
deposite (sic), or otherwise, are all hereby cautioned against settling their
accounts with Dr. George W. / Stipp

     The said G. W. Stipp has been detected in settling accounts of the firm of
W. Lindsay & Co., and placing the same to his individual benefit,
notwithstanding he has sold his entire interest in the drugs, tools, notes
and all his interest in and belonging to  the late firm of W. Lindsay & Co.

     There has been no notes belonging to the firm, given up by Dr. Stipp; 
nor has there been any satisfactory account given of them./ All those 
interest will be on their guard.

     I have sold the whole stock of drugs and medicines to Dr. P. Smith
including all the medicines that are distributed on commission or deposit, 
that were not sold on the 5th instant. Those who may have medicines on 
commission, will please make out  lists of the articles now on hand, and 
forward them to Doctor P.  Smith, as all sold by them previous to the 5th 
instant, will be placed to my credit, and all sold after that, none to the 
credit of Dr. Smith. Indy May 19, 1838

May 19, 1838, p. 3, col. 4 (immed. under Dr. Lindsay's "NOTICE')

CAUTION
The public are cautioned against purchasing a promissary note given by me to
George W. Stipp for #650, dated 30th April 1838, payable to the Indianapolis
Branch of the State Bank of Indiana, one year after date, as the note was
obtained by said Stipp by fraud and misrepresentation.

     The note on the face purports to be made by me to James Morrison, and was
by him endorsed in bank to Stipp. Mr. Morrison in the transcation was and is
really only my security, and had,  nor has any interest except as such
security.  

     The note was made in consideration of the sale by Stipp to me of his
interest in the drug establishment of Wm. Lindsay & Co. to which he was a
partner, and his transfer of the books, accounts, notes &c. of the firm.
Stipp, at the time of the giving of the notes, represented the accounts on
the basis to be correct; whereas it now appears that he had in numerous
instances changed the firm with what it never had, and in as many other
instances received from debtors to the firm the amount of their accounts,
without giving any credit. The avails he has applied to his own private
purposes; and as our settlement, and the giving of the note in question was
based upon the faith of his representations, that the accounts on the books
both against the firm and its customers were correct, and he having been the
bookkeeper, and as errors (and palpably fraudulent ones) have been already
discovered to more than the amount of the note of $650, I am determined not
to pay a cent of it unless coerced by law.
W. LINDSAY
May 19-31
_________________________________________________________________ ___
The Indiana Journal, 26 May, 1838

TO THE PUBLIC, AND THE CREDITORS OF W. LINDSAY
"Facts speak louder than words"

     The false, Libelous and slanderous publication, over the signature of "W.
Lindsay," (a "surgeon of some celebrity,") in the Indiana Journal of the 12th
inst., demand a few facts and passing remarks in self defense.

     With W. Lindsay's private character, his prospects at Richmond, or any
other place, I feel no disposition to meddle, as they did not appear upon the
invoice he exhibited, of his effects, that were put in the firm of W. Lindsay
&Co., and therefore never meddled with, or thought them worth invoicing. And
I would not notice him even now, were it not for the purpose of exposing his
faudulent transactions and further, to convict him of willful falsehood, and
vile slander.

     His pathetic appeal to his creditors for indulgence, effects me not, and
if they think proper, after all the evidence of fraud, that is manifest in the
disposition he has made of the firm debts, I am sure I am contented. The
communication separate from vanity, egotism, and falsehood is mere flemmery,
in which the public nor creditors can have any interest whatever. This man
(W.L.) is surely his own worst enemy, and appears determined to make himself
supremely ridiculous and highly notorious. the history of this (to me)
unfortunate partnership, I feel well assured, will afford but a dry morsel to
many, but to put things in their proper light, a short and succinct statement
may not be uninteresting to some. About one year ago at the repeated, urgent
and pressing solicitations of W. Lindsay and his friends I was at an ungarded
moment induced to give him an interest in my practice and Drug Stone, upon
the promise and belief that he wuld be able to put in a capital equal to my
own, so soon as he could dispose of property sufficient. How well that
promise was fulfilled the sequel will prove. W. Lindsay on the 3d of last
June put in as capital an assortment of old drugs, Patent Medicnes, furniture
and "Davy Crocket Toothache Drops"  to the amount as by himself invoiced of
$1,600 and drew from the concern since that time about $500 in cash, which
was charged when known, blunders over the money-drawer, excepted. At the same
time I had on hand in a new and well selected assortment of drugs, paints,
&c. a stock of eastern cost and carriage of the value of $2,150. Cash put in
by me since that time upwards of $1200, and house rent, boarding and other
means, to the value of about $1000, making the amount of my investment about
$4,350, and I have drew from the firm about $900, leaving  balance in my
favor of, over that of W. Lindsay of upwards of $2,350. You will perceive by
this statement that all the interest W. L. had in the firm was only $1100. To
have made his capital equal to mine, he, would have had to advance the sum of
$2,350, which it appears from his own honest  confession he was neither able
or willing to do, for he frankly admits that he is not able even now to pay
his private debts, which I have no doubt is true. That I have blended my
private transactions with the firm is true, so far as advancing money to pay
firm debts and no further. 

     Sometime last Nov., "an idea struck him very forcibly," (and its well for
his brains there was only one) that he could make money by retailing apples
and apple trees in the south part of Arkansas Territory and off he put on a
wild goose chase with a cargo of appletrees and apples, to make his fortune.
In this hazardous business he employed what little individual capital and
credit he had, much to the injury and prejudice of our joint business. I used
my endeavors to dissuade him from it, but all to no effect. You will perceive
by the attention and watchfulness of W. Lindsay, to the business of the firm,
that 


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