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Single Person record details
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Back
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Person Code
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DS/UK/24951
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Corporate Name
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J and W Stuart Ltd
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Activity
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In 1812, James Paterson, a cooper in Musselburgh, invented a net loom which revolutionised the production of fishing nets. On his death in 1849 the business was sold by his executors to John and William Stuart. William, the main partner, had formerly been engaged in business as a wine and spirit merchant in Edinburgh. The company expanded rapidly from 1850 onwards, opening new premises in 1860-65. Later on in the century William became involved in several business enterprises in America and Canada, including the 1st National Bank of Salem, Oregon.
The main business of the firm was spinning and processing of cotton yarns for industrial textiles and the manufacture of nets, twines and lines for the fishing industry. The main UK factory in 1971 was at Musselburgh with branches at Lowestoft, Fraserburgh and Buckie. The firm also had a trading subsidiary Cia de Redes de Pesce Lda in Portugal which manufactured fishing nets in Lisbon and at a branch in Angola.
In 1904 James Jack and Sons Ltd had acquired the firm of E H Beeton and Company Ltd, whose office was in Glasgow but who had a fishing net manufactury in Stonehaven and a factory at Lowestoft. Following amalgamation with Stuarts in 1920, the company name changed to Stuarts and Jack Ltd. In 1931 the name changed again to J and W Stuart Ltd. In 1978 the name again changed to Inveresk Investments Ltd. By 1977 the cotton spinning interests had been disposed of to J K Industrial Fabrics and the firm went into liquidation in 1980.
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Dates
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1920-1980
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Epithet
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cotton spinners and net maufacturers
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Subordinate
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Esk Mills, Musselburgh
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Associated records
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NRAS2159 | J. & W. Stuart Limited, Net and Twine Manufacturers, Musselburgh, East Lothian | 1843-1951 |
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