| Description | Lease (5 Aug. 1783) by Nigel Bowyer Gresley of Drakelow, Derbyshire, Esq., to George Parker, Richard Parker, John Parker, Abraham Parker and Benjamin Parker, all of Tipton alias Tibbington, Staffs., iron masters, of 12 acres of land (specified) in the parish of Woolstanton, for a term of 25 years from 25 Mar. 1783, at a rent of £88/- p.a.; once works are erected [on which £1200 is covenanted to be expended under a previous agreement] and working, Parkers to take from Gresley 50 tons (of 2520lb) of ironstone a week at a price of 5/- a ton, and 100 tons of coal at 3s 6d a ton, with mechanism to adjust prices if Gresley's profits fall below 1/- a ton; to take 20 tons of slack a week, at 1/- a ton, for their fire engine; Gresley covenants for the making and supply of bricks wherewith to construct the works at 10/- per 1000, and to provide timber at market price; other covenants; recites previous agreements between them and an Estate Act passed to give Gresley the requisite leasing powers |