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Arbuthnot and Guthrie (1768 - 1772)
Record Identifier
cni00051582
Headings
Arbuthnot and Guthrie [NLS-SBTI]
Dates of Activity
1768-1772
General Notes
Mr Fraser 'who had been manager of a small paper-mill belonging to Mr Adrian Watkins, who held the patents of King's Printer and Stationer' persuaded Guthrie and Arbuthnot to erect a papermill with five vats at Polton. The feu-charter and water-rights were granted by Calderwood of Polton in 1768. Through the inexperience of partners in the business the result was a fiasco, Guthrie and Arbuthnot became bankrupt in 1772 and the mill was rouped in 1774. The whole transaction involved the great banking house of Sir William Forbes of Pitsligo in a considerable financial loss.
Activity
paper makers
Place of Activity
Polton Mill (1768-1772)
Last Change: 2014-03-14
Sources
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