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Old 08-12-2014, 01:22 PM
janwhin janwhin is offline
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Location: Nr Eglingham
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I didn't find all the partners of the company but the following is basically how it was structured:
Browne and Kingscote were the original 2 lessees from the Countess of Newburgh which was for 42 years.
On 18 March 1839 they entered into a contract with 10 others who were to put into the business £4000 each, subject to Browne and Kingscote fulfilling certain conditions regarding output.
The names I have are Sir Henry Webb, Lord Newburgh, Dr Elliotson, Mr Lamie Murray, F Mills and a chap called Smith.
Kingscote was replaced by Ladbroke in 1842 and, of course, Browne was declared bankrupt in 1847.
There seems to have been legal disputes arising from whether the conditions imposed on Browne and Kingscote were met.
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