 He left the tannery to Gould, which expanded rapidly, and the surrounding settlement was called Gouldsboro (also spelled Gouldsborough).However, Pratt became dissatisfied with the returns on his investment, and was concerned that Gould was embezzling.Gould had become acquainted with Charles M. Leupp, a rich merchant from New York City, and had convinced Leupp to loan him the money to buy out Pratt's share.