Is this a thread about welding technique/settings or how to weld angle iron at a corner joint?
Personally I would go with the notch and cope method.
Ya, thats cool IF you need same level on all 4 sides.
VERY strong end result, w whatever beveling needed for you welder ability to penetrate.
Otherwise,
Tbonedog- Next time you do something like this, it's easier to just cut the angle at 90 degree and overlap.
That's assuming what your'e putting on it does not NEED to be supported at same level on ALL four sides.
Well, it will still be same height at the 4 corners, like if your tool has 4 corner legs, just not full length on all sides, which is rarely necessary.
Most tool stand applications, my suggestion would be just fine.
I made mobile bases for all my woodshop "stationary" tools, out of free $ bedframes from a thrift store overstock rejects going to scrap with this thinking.
Worked great.