The Foundation of a Great Firm.
Because a quiet Scotswoman passed a choree rem?rk to her man 110 vears ago, Mr Harold Glen-Coats, of Paislev, has just left the sum of £596.533. In the reign of George IV., Jamie Coats made the long and arduous jcurnev to London. He saw a lovely F l emis r i shawl, and took it bark with him as a present to his wife. “ Tamie! Jamie!” she cned, “ if ye could make a shawl like that, your fortune would be made.” He erected a 60ft shed, installed a 12 h.p. steam engine, md began to make thread. The firm of 1 and P. Coa + <=. Ltd., was born. The foundation cf the fabulous Coats’ fortunes were laid. To-day. from a woman’s' chance remark, there is m being a. colossal concern, with an authorised issued capital of £20,250,000.
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https://paperspast.natlib.govt.nz/newspapers/TS19340410.2.220
Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20276, 10 April 1934, Page 14
Word Count
142The Foundation of a Great Firm. Star (Christchurch), Volume LXVI, Issue 20276, 10 April 1934, Page 14
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