Lady Elizabeth was an iron barque of 1,155 tons built by Robert Thompson Jr. of Southwick, Sunderland and launched on 4 June 1879. Robert Thompson Jr. was one of the sons of Robert Thompson Sr. who owned and operated the family ran shipyard J. L. Thompson & Sons. Thompson Jr. eventually left the family business in 1854 to start his own shipbuilding business in Southwick, Sunderland.
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