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JOINT PURCHASE PROPOSED

12th August 1949, Page 33
12th August 1949
Page 33
Page 33, 12th August 1949 — JOINT PURCHASE PROPOSED
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Which of the following most accurately describes the problem?

SSUBJECT to the granting of the licences, Southdown Motor Services, Ltd., and Maidstone and District Motor Services, Ltd., propose jointly to acquire the business run under the name of Beacon Motor Services by Mr. L. B. Atkins, of Crowborough. A private company with the title of Beacon Motor Services (Crowborough), Ltd., has been formed, with a capital of £20,000, to adopt the conditional agreement.

Mr. Atkins, who has a small fleet, operates services around Crowboraugh and a daily express service to Victoria Coach Station, London. The Southdown and Maidstone`companies work closely together, and this latest development shows an interesting trend.

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People: L. B. Atkins
Locations: London

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