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1863 Larger premises (Commercial Road) were leased and the Elwells were asked to loan more money, the business being placed in the hands of the Elwells with Stocker as manager of (presumably) the "Patent Tip and Horseshoe Company".
1864 Alexander Stocker had made inventions and received patents in relation to manufacture of horse shoes and shoe tips; Charles and Paul Elwell had advanced money to enable Stocker to set up the business in exchange for assignment of the patents and an agreement to supply the goods only to the Elwells.
1873 Messrs Paul Elwell and Co of the Patent Tip and Cut Nail Works, Commercial Road, Wolverhampton, reduced the price of cut nails; it was also noted that Mr Elwell led the reduction in prices of iron and hardwares in 1872.
c.1874 The company's steel horseshoes had been "tested" by the market since about this date
1878 Patent registered for shoe tips
1879 Patent registered for Venetian blinds
1881 Living at The Cottage, Ryton with one son, Paul L. Elwell, aged 7 months. Occupation 'the manager of a works making nails etc., employing 100 hands'. .
1882 Paul Bedford Elwell was living at St. Cuthbert's, Albrighton. Business "Patent Tip and Horseshoe Co.", Commercial Road, in premises rented from J. Smallman. In October, joined by Thomas Parker who had agreed to go into partnership with Elwell, to manufacture accumulators at the premises in Commercial Road.
1882 Thomas Parker and Paul Bedford Elwell of the Patent Tip and Horseshoe Co in Wolverhampton patented an improved lead-acid accumulator. They also patented improvements in the dynamo and in electric lighting apparatus.
1882 The company exited nail manufacture, selling the machinery and stock from the Commercial Road works.
1883 Company name changed to Wolverhampton Electric Light, Power, Storage and Engineering Company. The company started making a new type of accumulator: the Elwell-Parker.