Lorry Disappeared, Creditors Are Told
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SINCE the winding-up of S. and S. Transport, Ltd., Nottingham, one of their eight lorries had disappeared, creditors were told at their first meeting last
week. Mr. F. Dirs, Assistant Official Receiver, said it was the only vehicle on which hire-purchase payments had been completed. The others had already been repossessed.
"My investigations are proceeding and I would rather not say any more about it at this stage," he declared.
Mr.. Dirs said the company had 200 creditors, and their liabilities might prove to be in the region of £12,000. It was clear that the directors had allowed the company to continue trading long after they must have known it was insolvent.
S. and S. Transport were incorporated as a private company in June, 1955, with a capital of £6,000 in II shares, he explained. The directors at that time were Leslie Sutton and his wife, Dorothy Agnes Sutton, both of Nottingham. Sutton had been a haulage worker up to 1945, when he began trading as Notts and Lincs. Transport: This business was taken over in 1949 by Sutton Transport Contractors, Ltd., but the name later reverted to Notts. and Lines. Transport.
Other directors of S. and S. Transport had been Max Stewart Frank, Nottingham; George Henry Evans, Nottingham; Edward H. Harvey, Hornehurch, Essex; Frank Cecil Ling, Nottingham, and Ronald Meir, West Bridgford.
Mr. Dirs said Frank attributed the failure of the business to bad management and undercharging by Sutton, who was general manager, and on accidents to vehicles. However, Sutton claimed it was caused by improper diversion of the company's resources to finance an associated company.
PROPAGANDA" BY B.T.C. CHIEF
" INSIDIOUS propaganda" was how 1. remarks made by Sir Brian Robertson, chairman of the British Transport Commission, about C-licensees were described at last week's meeting of Nottingham Chamber of Commerce.
Mr. L. S. Pentecost said that the troubles of the B.T.C. were being attributed to the fact that companies were allowed to run their own transport.
"NEW TOWN" APPEAL FAILS
THE Transport Tribunal have dismissed the appeal by Mr. Raymond Wicks, Rose Farm, Binfield, against the South Eastern Licensing Authority's refusal to add an articulated vehicle to his A licence. As reported in The Commercial Motor last week, Mr. C. R. Beddington, for the appellant, had submitted that there had been a rapid expansion of industry in Bracknell New Town and his client, as a local operator, was entitled to his share of it.
For 'British Road Services and A. C. Hutton, Ltd., the respondents. Mr. J. Amphlett said that there was no evidence to show that Mr. Wicks's vehicles were any busier last year than in 1956.
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