Before 1850, Cowdenbeath was just a collection of farms within the parish of Beath. The area was divided into four districts named after local farms: Kirkford, Foulford, White Threshes and Cowdenbeath farm, close to the present-day site of Central Park. Local inhabitants of these focal points of growth, which were merging into a single town, met to decide on a name for the emerging town. The eventual decision was narrowed down to either White Threshes or Cowdenbeath and Cowdenbeath was the chosen name. The arrival of the Oakley Iron Company around 1850 was to have a long-lasting impact upon Cowdenbeath and make the name synonymous with coal-mining for almost 100 years. Shafts were sunk in the vicinity of the old Foulford Washer. It was in the mining for ore that the discoveries of the coal seams were made, and pits were sunk at every corner of the town. Before this, coal had been mined at Fordell for over a century, but the discovery of the coal seams at the depth they were found came as a pleasant surprise, considering the dip in the coal strata at Fordell, as it was previously thought that the seams at Cowdenbeath would be at such a depth as to be almost unworkable.