Andrew Clow and Company, a partnership based in Philadelphia, consisted of Andrew Clow and David Cay. During their lifetimes, the men engaged in numerous business transactions including the sale of stock. One of their clients, William Wilson and Company, speculated in a variety of stocks directly and through their agent, Arthur Jones. In addition, William Wilson and Company, a partnership based in Alexandria, VA, introduced a number of acquaintences to Andrew Clow and Company. These acquaintences also pursued investments through the Philadelphia firm. After the death of Andrew Clow in 1793, David Cay sought to collect money owed to the partnership. Because of outstanding balances on notes, Cay looked to William Wilson and Company for full payment. The partners of William Wilson and Company, Thomas Potter and William Wilson, disputed Cay's accounting and sued. The case of Wilson & Company vs. Cay, et al continued long after Cay's death in 1796. Both sides still looked for restitution as late as 1799.
Scope and Content:
The records of Andrew Clow and Company consist of letters sent and received, accounts current, legal papers, and a map. This collection contains supporting documents for a lawsuit filed after the death of Andrew Clow and the dissolution of his partnership with David Cay. It is possible the map was used as a cover to hold the papers together and is unrelated to the other documents in the collection. Correspondents include Leighton Wood Jr., Arthur Jones, James Brown, John Leamay, Davan and Tiernan in addition to letters sent to or received by the two partners.
Provenance : Purchase, 1931
Amount: 1 box