Avoid heroic inventor stories that omit capital structure and insolvency.
The chapter draws on litigation and ownership records while retaining interpretive language about personality.
The same ambition that produced an advanced distillery also outran Taylor’s financial control; after the Panic of 1873 and mounting obligations, George T. Stagg acquired overwhelming ownership power.
PDF sheet 85
PDF sheet 82
Chapter 7 — Taylor’s financial collapse
Fresh full-copy audit, 2026-09-29. PDF82–85: rendered book reports150 sold minus25disposed minus101moved but14remaining; arithmetic gives24. Deed consideration500 dollars is not total economic cost/debt.
Capture evidence faithfully. Select one Source, record a usable locator, and preserve enough surrounding context to prevent misquotation.
Evidence
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