ABSTRACT

THE year 1907 was filled with activity deeply affecting the future of all three companies. With Hans Renold Limited and The Coventry Chain Company Limited, its events reflected the growing pains of the industry, and were largely concerned with the capital arrangements necessary to consolidate and extend the ground so far won. In March and April extraordinary general meetings of Hans Renold Limited sanctioned an increase in the authorised capital of the company from £100,000 to £200,000, although the issue of shares did not take place until three years later.