According to Hickok, Tutt was in debt $40 from a previous horse trade. Tutt paid Hickok the $40 he owed then Hickok said he owed him $35 more dollars due to a previous poker game, Tutt said it was $25 and didn't pay it so Hickok took his pocket watch in collateral
Bill and Davis were at the square facing each other and Hickok called out "Dave here I am" he gave a final warning and Dave told Tutt to not walk across that square that at watch
Tutt reached for his pistol. Hickok drew his gun and steadied it on his opposite forearm. The both of them fired a single shot at about the same time. Tutt missed, but Hickok's bullet struck Tutt in the left side between the fifth and seventh rib.