Priday, Metford and Company Limited
Priday, Metford and Company Limited was a family-run company that produced flour at the City Flour Mills, Gloucester, England for over a century. They were closed down in 1994 and the premises converted to luxury apartments under the name of "Priday's Mill". The City Flour Mills were the location of the landmark case in contract law known as Hadley v. Baxendale. Foundation of the Gloucester City Flour Mills and lawsuit The City Flour Mills were built in 1850 by Joseph and Jonah Hadley who used the mill until 1860 when they moved their business to London. During their time, the building was the site of a landmark case in contract law referred to as Hadley v. Baxendale. Reynolds and Allen Joseph Reynolds and Henry Allen (both of whom became Mayors of Gloucester) took over the mill, passing on their business in 1875 to their sons, Vincent Reynolds and John Allen, in partnership with Francis Tring Pearce. Priday, Metford and Company This business ran into difficulties in 1885 largely owing to the cost of conversion from stone grinding to steel roller-milling, in accordance with contemporary trends, and to the vagaries of wheat prices. The partners entered into a scheme of arrangement