| Description | Deed of copartnership between Edward Elwell of the parish of Westbromwich, Staffordshire, ironfounder, Joshua Horton the younger of the parish of Tipton, Staffs., boiler maker and Daniel Horton of Brierley Hill, Staffs., boiler maker, as iron founders, for a term of 14 years from 25 Mar. 1818, under the style of Elwell and Hortons, at the iron foundry near Great Bridge in the parish of Westbromwich lately occupied by Elwell; capital of £1800 each etc.; Elwell to have general charge of management; Joseph Barber Elwell, son of Edward, to be employed as clerk at £130 p.a. paid in form and proportions specified; Hortons may continue their separate business as iron boiler makers; arrangements in case of death of partner for continuing partnership with his executors; arrangements for them to pay a clerk if they are not competent to play part in management; arrangements if they decline to take up their share of the partnership; partnership may be determined on 6 months' notice in given circumstances. |