Volume Six - Pre-Victorian to the Present Day - Select Aspects - Hydraulic Accumulators . . .

They end the letter, "We have recently developed a special emery grinder for doing the surface of the hydraulic rams, and from which we have got most excellent results in wear and tear. Hoping to be favoured with your order, we remain"

Acceptance of the tender was sent to Tannett Walker Co. as indicated in the left column of the header of the letter on the previous page the total cost being £1,197.

The payment terms under the contract were:

"Seventy per cent of the Contract price less 2½ per cent (two and a half per cent) discount will be made at the expiration of one calendar month after the accumulator has been tested and accepted by the Company (the TVR), and the balance less 2½ per cent will be paid less any amounts due under the General Conditions of the Contract, at the expiration of the 6 months during which time the Contractor is responsible for all defects. (except by accidents)."

However, the management of Tannett Walker probably accepted the order knowing that their company was facing insolvency. The demise and bankruptcy of Messrs Tannett Walker Co. was subsequently reported in the Yorkshire Evening Post [230] during July 1913: