WOOD & Sons 21cm Dia BOWL IN THE KOREA DESIGN By Designer Mr...

Hammer

£12

WOOD & Sons 21cm Dia BOWL IN THE KOREA DESIGN By Designer Mr Frederick Rhead.
c1900
(Established in 1865 by Absalom Wood and his son Thomas Francis Wood - Thomas was the fifth generation in line to Moses Wood who was brother to Aaron and Ralph.
Thomas, a prominent citizen in the potteries and later to become the Mayor of Burslem, built Wood and Sons into one of the largest companies in the area.
In 1921 Harry F. Wood succeeded his father, Thomas F. Wood, as the chairman and under his leadership the company became a prolific and successful pottery manufacturer.
The business became a public company in 1954 under the name Wood & Sons (Holdings) Ltd - although Wood and Sons Ltd continued as the main operating company. Just over half of the shares were owned by the family and a large proportion of the remaining shares were held by employees, so few shares were available for the general public.
During the 1970's the company had to fight two unsuccessful takeover bids from local companies, the first in 1975 by a small family company called Barrets and in 1979 by Staffordshire Pottery. The unfortunate effect of fighting these unsuccessful takeover bids was to weaken the company and by 1981 the companies financial position had deteriorated to such an extent that it was found impossible to continue, the bank took control of the business and by 1982 it was necessary to call in the receivers.

The business was purchased by Edmund Yorke, who had been the company secretary in the old Woods company for many years, he was joined by his nephew Norman Edmund Yorke who had been the accountant at Wood and Sons. They continued the production of tableware in the Stanley Works, Newport Lane, Burslem with the name of Wood and Sons living on but no longer under the control of the Woods family until 2005 when they finally closed.