| Description | Lease (27 September 1826) by Francis Finch of West Bromwich, Staffs., coal master, to Richard Haines of Tipton, Staffs., coal master and Joshua Horton of West Bromwich, boiler maker, of the thick or 10 yard coal under 17 pieces of land called Cophall Farm, in the parish of West Bromwich, and under parts of adjacent roads, 50a. 2r. 6p., for a term of 35 years, at a royalty of: 1s 6d per ton of thick large coal (except black coal) sold at under 7/- a ton, of 2/- a ton of a selling price of 7/- to 10/-, plus 1/- a ton for lump coal, 5d a ton for slack, 4d per sack of coke (of 5 bushels a sack); 25% of the respective extra selling prices above 10/- a ton, 4s 6d a ton, 3/- a ton and 1s 8d a sack; 5d a ton for black coal if sold at under 5/- a ton, 1/- when sold between 5/- and 8/-, and 1s 6d when sold between 8/- and 10/- etc.; surface rent of £5 per acre; detailed working covenants; plan endorsed. |