Need lyrics" It's about a grandmother who left money and property to her grandchildren and left her favorite an old arm chair. the child kept it for years until one day it broke down. one verse goes and then to my surprise what befell before my eyes. a hundred notes, a thousand pounds or more. No more they tittered no more they chaffed, no more my brothers and sisters laughed, when they heard that lawyer declare, Granny has left you just her old arm chair.

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Alternate lyrics here
most importantly here
Old Brown Pants parody here