Description | DSCAM/4/1/13/1: Deed of copartnership (20 Sept. 1825) between Mary Hill of the parish of Tipton, Staffs., widow and relict of Thomas Hill, late of Tipton, ironmaster, deceased, and Edward Hill of Tipton, one of their sons, for a term of 3 years, under the style of Mary Hill and Son at Tipton; capital of £3000 includes value of present stock, and all provided by Mary Hill, to receive interest at 5% p.a.; Edward to receive 5% on capital he brings in once it exceeds £1000, and one third of the profits (this last to accumulate until it reaches £1000); Mary to be paid £250 p.a. for rent of plant and machinery; Mary to have exclusive financial management; Edward to be employed full time in the business and receive £100 p.a. in emoluments; Hackney horse to be kept for the use of the partnership; attached valuation of property belonging to Mary Hill at Tipton Mill and Forge, 30 Sept. 1825. |