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1857 James Shaw (1836-1883) commenced business on his own account, taking into partnership Mr. James Thomson, who had previously been engaged in the dry goods trade, in the firm of Shaw and Thomson.
This later became one of the most important firms in the iron trade.
Some years later Mr. Henry Moore was admitted into the firm, and the business was carried on under the style of Shaw, Thomson, and Moore, until August 1865, when this partnership was dissolved, and the firm of Shaw and Thomson continued, the business having been removed from Glasgow to Leadenhall Street, London.