| Description | Deed of copartnership (31 Dec. 1847) between Thomas Morris the elder, Thomas Morris the younger and Samuel Bayley, carrying on business as coal and iron masters at Park Lane Furnace and Fletchers Farm Colliery, Tipton Colliery, Broadfield Colliery, Scotts Old Field Colliery, Tipton Meadow Colliery, The Single House Colliery and Tipton Green Colliery, in the parishes of Tipton and Wednesbury, Staffs.; furnace and collieries are sole property of Morris the elder; partnership for a term of 21 years from 1 Jan. 1843 under the style of Thomas Morris and Sons; Morris the elder received £1000 p.a. as rent, net profits divided equally between the three partners; Morris the elder to handle financial affairs; partnership dissolves at his death, with option for the others to purchase the works; if any partner dies the others have the option of buying out his share and continuing. |