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Containing notes and statistics relating to Young’s Paraffin Light and Mineral Oil Company Ltd. Includes draft minute of agreement between James Young and James Pender and others for the formation of the company, 1865, (with a printed final copy attached); financial analysis of results of operations to 31 March 1866; report on the minerals near Addiewell by Dr Landale, December 1865; notes on joint stock companies involved in the mineral oil industry in Scotland (Airdrie Mineral Oil Co Ltd; Broxburn Shale Oil Co Ltd; Capledrae Oil and Coal Co Ltd; Midcalder Mineral Oil Co Ltd; Glasgow Oil Co. (Broxburn) Ltd; Glentore Mineral Oil Co Ltd; Dalserf Coal Coke and Oil Co Ltd , Monkland Oil Refining Co Ltd; Scottish Oil Co Ltd) giving names of directors, level of capital investments etc; various notes on petroleum and shale production and details of leases of land to Young’s Paraffin Light and Mineral Oil Co Ltd.

Mainly business affairs, visit to Paris Exhibition, education of working men, yachting on the River Clyde, meeting at Anderson’s University, his interest in the gas companies in Glasgow and Edinburgh and his visit to the House of Lords because of the Gillespie vs. Young case.

List of daily tasks, stock of paraffin, details of contracts and books for the laboratory.

Dealing with the purchase of statuary in Edinburgh. Also purifying the smell of burning oil. Playfair conveys his thanks to Young for the gifts to his wife and daughters.

Business and personal affairs. The scale of production of all oils is noted as 4 million gallons per year; £70,000 is required to complete the installation of new retorts and £30,000 for buildings. Disagreement with other directors and accident at work.

Endorsed, 'Limefield Laboratory'. Not written by James Young.