| Description | Deed of copartnership between James Onions of Dudley Port, parish of Tipton, Staffs., ironmaster, George Onions of the same, ironmaster, William Onions of Oldbury, Worcs., ironmaster, and Edwin Onions of the same, ironmaster, as ironmasters at the Brades Hall Furnaces, West Bromwich, Staffs., previously carried on by James and George under a lease for 21 years from 1854; premises valued at £3250 less £1500 mortgage; £875 (half the balance) to be paid by William and Edwin to James and George under deed of even date,payable in weekly instalments of £20 under a promissory note and secured by a lien; partnership from 22 Aug. for residue of lease under the style of W. and E. Onions; profits to be divided equally between the four; William and Edwin to run the business and receive 30/- a week each as remuneration; all partners allowed to draw monthly for personal expenses; any surviving partner may take share of deceased partner at valuation etc. |