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Description: | These records comprise copies of the company prospectus; a share allotment book; and substantial press cuttings and correspondence relating to the formation of the company. There is also some associated promotional literature about the newly formed company.
The Hadley Engineering Company Ltd was formed after Joseph Sankey & Sons Ltd agreed with Thomas Tilling Ltd of Peckham and W.A.Stevens Ltd of Maidstone to combine existing manufacturing businesses for the production of patent steel wheels, hubs, and other parts for motor vehicles. The plan was for the new company to acquire the freehold of the Hadley Castle Works from Joseph Sankey & Sons Ltd and to adapt the site for the production of the 'Tilling-Stevens chassis for motor omnibuses and mail vans and the manufacture of Stevens Patent Electric Transmission Equipment for motor vehicles as well as Sankeys steel wheels and hubs. The Tillings-Stevens system dispensed with clutch and gear box and used a variable ratio gear and was already being used in London buses in 1911. Directors of the company included George Herbert Sankey, Chairman; Walter Wolsey Jnr, Managing Director of Thomas Tilling Ltd; and William Arthur Stevens, Managing Director of W.A.Stevens Ltd.
Evidence from the correspondence described at DB-25/1/4/4 suggests that the minimum subscription for shares in the company was met, but that this was not thought to be adequate for the enterprise to go ahead. For further administrative history, see the collection level description. | License: | http://creativecommons.org/licenses/by/2.0/uk/ | Publisher: | Wolverhampton Archives | Rights holder: | Wolverhampton Archives | Temporal: | 1911-1912 | Source: | Black Country History | Identifier: | http://www.blackcountryhistory.org/colle... | Go to resource |
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