Leupp lost all his money, while Gould took advantage of the opportunity of the depreciation of property value and bought up former partnership properties for himself. After the death of Charles Leupp, the Gouldsboro Tannery became a disputed property. Leupp's brother-in-law, David W. Lee, who was also a partner in Leupp and Gould, took armed control of the tannery. He believed that Gould had cheated the Leupp and Lee families in the collapse of the business. Eventually, Gould took physical possession, but was later forced to sell his shares in the company to Lee's brother.