| Description | Deed of copartnership between William Cranage and Edward Holden of Westbromwich, Staffs., iron manufacturers, in the Willington Iron Works, Westbromwich, sole property of Cranage, for a term of 14 years from 13 Apr. 1853 under the style of Cranage and Holden; rent of £400 p.a. to Cranage from the partnership for the works; capital to be provided and profits divided equally: any surplus capital of one partner over the other to carry interest at 5% p.a.; Holden to manage works; on death of partner survivor has first option to purchase; schedule of machinery belonging to the partnership. |