ABSTRACT
E. S. Walker had apparently been forced to resign as managing director since he had proved as unacceptable to his colleagues in the limited company as he had done to his relations in the partnership. Despite the unfavourable financial press which the prospectus received, the limited company managed to get off the ground, largely with financial support from Liverpool and London. In the early 1890s cash-flow problems, common to many expanding companies, occurred but were overcome without great difficulty, usually as a result of temporary loans by directors. Walkers, Parker & Co. Ltd was the first lead company of any significance to take joint stock status and this was done purely as a means to get the firm out of the partnership dispute which had dragged on from 1881 to 1888. Brimsdown was one of the many companies set up to develop one of the new white lead processes of the late-nineteenth century.
