John Rylands "they had become the summit of the firm's hierarchical organization, the seat of its central power and the goal of all ambitious employees" (D. A. Farnie, in "John Rylands of Manchester", 1973). In 1873, Rylands converted his business into a limited company but he retained sole management of it. The extra capital from this move led to the purchase of more mills and the company entered into fresh business in many quarters of the globe. The firm, which had a capital of £2 million, became the largest textile manufacturing concern in the UK. His business made him Manchester's first multi-millionaire.
John Rylands Library library on a larger scale. Champneys presented plans to Mrs Rylands within a week of gaining the commission. Thereafter frequent disagreements arose and Mrs Rylands selected decorative elements, window glass and statues against his wishes. Champneys was given the honour of speaking about the library at a general meeting of the Royal Institute of British Architects and was awarded a Royal Gold Medal in 1912. The library was granted listed building status on 25 January 1952, which was upgraded to Grade I on 6 June 1994. The core of the library's collection was formed around 40,000 books, including many rarities,