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Financial News of the Industry

1st April 1938, Page 59
1st April 1938
Page 59
Page 59, 1st April 1938 — Financial News of the Industry
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NEW COMPANIES.

Tannage Transport, Ltd.—Private company. Reg. March 13. Cap. £ L000 in 1,000 shares of 21 each. General carriers, .etc. Directors:—Fredk. E. Hacker and Edith G. Hacker, both of 41, Crammer Road, Forest Gate, London, E.7. Reg. offIce:—.36, Forest :View Road, Manor Park, London, E.12. Periling Transports. Ltd.—Private company. Reg. March 23. Cep. i 22,000 n 2000, ordinary shares of 21 each_ To acquire the business

of a haelage contractor, etc., carried on by Reginald C. Ryton at Worthing and Ferring. Directors ;—Reginald C. Ryton, East End House, Angmering, Sussex; Reginald T. Ryton, Hangleton Grange, Ferring, Sussex. Solicitors —Parker and Co., Worthing. Reg. office :— Ferring Lane, Ferring, Sussex. Muoillow Garage, Ltd.—Private company. Reg. March 23. Cap. 28,500 in 21 shares (5,670 6 per cent, cumulative preference and 2.830 ordinary). To acquire the business of a haulage contractor, etc., carried on by W. E. V. H. Guest at Mucklews Hill and Long Lane, Halesowen, Worcs, Directors:—William E. V. H. Guest, Long Lane. Blackheath, near Birmingham; Ernest Parkes, 28. Fairfield Road, Blackheath, near Birmingham; Herbert Parkes, 29, Springfield Road, Blackheath, near Birmingham; Florence Guest, Long Lane, Blerkheath. near Birmingham. Solicitors:—Evershed and Toinkineon,

Lombard House, Gt. Charles Street, Birmingham. Reg. other:— Mucklows Hill, Halesowen, near Birmingham_ Southall Transport Co., Ltd.—Private company. Reg. March 23. Cap. 25.000 in 5,000 ordinary shares of 21 each. To carry on the business of haulage contractors. etc. Directors:—Thomas M. Bourke and Mrs. Katie Bourke, both of 46, Mont Avenue, Southall, Middlesex. Reg ollice:—.46, Mount Avenue, Southall, Middlesex. Road Holdings; Ltd.—Private company. Reg, March 23. Cap. 217,500 in 14,000 5 per cent. cumulative redeemable preference shares of 21 and 14.000 ordinary shares of 5s. each. To acquire all or any of the Issued shares of Herrick and Fenton, Ltd., and A. Norman Annieon, Ltd.; and to carry on the business of haulage con tractors, etc. Directors:—Wm. Fenton, Oakdene, Cottingharn, F,. ✓ orks; Percy Barriek, Sprinedale, Withernwick, E. Yorke; Richard E. Leetham. address not stated; Geoffrey W. Fenton, address not stated. Soliciters :—Andw. M. Jackson and Co., Hull. Frank Thompson (Hauliers), Ltd.—Private company. Reg. Matadi 26. Cap. 25,000 in 5,000 shares of £1 each. To acquire the business of haulage contractor carried on by Frank B. Thompson as " Frank Thompson and Co.." at Boston, Linos. Subscribers :—Frank B. Thompson and Mrs. Edith M. Thompson, both of Spilsby Road, Boston, Lines. .Solicitor:—E. W. Roythorne, 3, Broad. Street, Spalding. lines.

J. S. and T. Hemmings. Ltd.—Prirate company. Reg. March 22. Cap. 41.200 in 1,200 shares of 21 each. To acquire the business of garage proprietors carr:ed on by 3. Ilemming,s, T. Hemmings and

S. Hemmings at Leaches Bridge, Penenett, Staffs, as " Hemmings Brothers," and to carry on the business of haulage contractors, etc. Directore:—John Ilendnings, "Rosegarth," Dudley Road, Kingswinford; Thomas liempings, "Lyndhurst." Dudley Road, Kingswinford; Samuel tiemmings_, Pengorn, Dudley Road, Kingswinford. Solicitors:— niSge and Bone, Brierley Hill.

MORTGAGES AND CHARGES.

Bananas% and Sons, Ltd., coachbuildere, etc., 268, Roraford Road, Forest Gate, London, E.6.—Two debentures, charged on the company's undertaking and property, present and future, including uncalled capital, both dated March 7, 1938, to secure 25,000 and 21,000 respectively. Holders:—Birchin lane Neminees, Ltd., and A. G. L. Puekle, of 97, Clements Lane, London, E.C.3. Robinsons' Removal Specialists, Ltd., 266, Bury New Road, Manchester—Particulars filed of 230,000 debentures authorized March 14, 1938, charged on the company's undertaking and property, present and future, including uncalled capital, the amount of the present issue being 26,800. Southern Carriers, Ltd., 33, Tabard Street, London, S.E.1.--Debenture charged on the company's undertaking and property, present and future, including uncalled capital, dated March 16, 1938, to secure 21,900. Holders:—A. E. Burrows and M. Harris, 31-33, Tabard Street, S.E.1.

Hopewell and Sons, Ltd., removal contractors, etc., 156, St. Anna Well Road, Nettingham.—Mortgage, dated May. 6, 1925, charged on 160, St. Ann's Well Road, Nottingham (being property acquired by the company on March 5, 1938). Amount owing, 2550. Registered purauant to Seetion 81 of the Companies Act, 1929. Mortgagee:—

T. .T. Williamson, 1, Forest Grove. Colville Street, Nottingham. COMPANY REPORTS. Gandy Reit Manufacturing Co., Ltd.—Net profit for 1937 wan 212,857, contrasted with 22,584 in previous year. Dividend of 5 per cent, is being paid. pension fund receives 21,000 and taxation reserve 22,000, leaving 25,104 carry forward.

Trent Meter Traction Co., Ltd.-1n 1937, net profit was 272.441. compared with 259,099 for 1936. Total revenue was 2545,984 and total expenses 2473.543. including 259.030 for depreciation. General reserve receives 229.082, whilst dividend is at rate of 10 per

cent. oar annum. Amount carried forward is £14,207, against 212,120 brought in.

Kelghley•W est Yorkshire Services, Ltd.—Profit to September SO, 1937, was 240,697, before taking depreciation into accnunt. After deducting interest on loans, taxation and depreciation reserve, balance is 225.278, which is equally divisible between Reighley Corporation and West Yorkshire Road Car Co., Ltd.