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Financial News of the Industry

15th January 1937
Page 53
Page 53, 15th January 1937 — Financial News of the Industry
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Keywords : Business / Finance

NEW COMPANIES.

Transport Vehioles (Daimler), Ltde—Private company. Reg. Jan. 8. Nom. cap. £100 in ord. snares of £1. Manufacturer of motor vehicles, etc.. Subscribers:—S. L. Penn, The Croft, Meetinghonse Lane, Berkswell, Warwickshire; A. H, Jarrarcl, Uplands, Rochester Road, Cuventry. Solicitors;—Rotherham and Co., 38, Bailey Lane, Coventry.

Premier Garage (Worthing), Ltd.—Private company. Reg. Jan. 2. Cap. £1,500 in £1 shares. Coach proprietor, garage proprietor, etc. Subscribers:—S. D. Barnwell and D. C. Barnwell, Elmfield, Fiudon Road, Worthing. Solicitors:—Marsh and Ferriman, Arundel Mouse, Worthing. Reg. offloe:-13, Grafton Road, Worthing.

Fort•Judd Batteries, Ltd.—Private company. Reg. Jan, 2. Nom. cap. 45,000 in £1 shares 12,500 6 per cent, cum. pref. and 2,500 ord.)._ To acquire the exclusive rights of processes and patents regarding themanufacture of accumulators from P. W. Petter and C. F. Judd. Mannfacturer and repairer of electric vehicles, etc. Directors:—P. W. Petter, 12, Swaliowelifte Gardens, Yeovil; G. F. Judd, 11, Earl Cottages, Earl Road, Bermondsey, London, S.E.1. Reg. office;-5, The Park, Yeovil, F. Grange and Son, Ltd.—Private company. Reg. Jan. 5. Cap. £2,000 in £1 shares. To acquire the business of F. Grange and Son, Wilmslow. Haulage contractor, etc. Directors;—F. Grange, 1, Dean Row Road, Wilmslow; A. E. Grange, Grason Avenue, Wilmslow. Solicitor:—T. M. Wainisley. 6a, Vernon Street, Stockport.

H. C. Senior, Ltd.—Private company. Reg. San 2. Cap. £1,000 in ord. shares of £1. Haulage contractor, etc. Subscribers:—H. G. R. Williams, The Mollies, Fair View Road, Dudley; F. Hewitt. 2, Cadclick Street., Coppice, Coseley, Stalls. Secretary:—H. G. R. Williams. Reg. office:—Maclley Road, Wellington Road, Bilston.

F, and S. Sands, Ltd.—Private company. Reg. Jan. 5. Cap. £2,000 in £1 shares. Timber merchant, haulage contractor, etc. Directors:— F. Sands, Brambleside, Hextable, Kent; S. Sands, The Limes, Heatable. Solicitors:—Gale, Thomas and Son, 1, Tanfield Court, Temple, London, E.C.2. Reg. office:—Brambleside Nurseries, Heatable.

A. Bedford, Ltd.—Private company. Reg. Jan. 7. Cap. £1,000 in £1 shares. Haulage contractor, etc. Subecribers:—A. 1V. Bedford and A. L. Bedford, 51, Wolves Lane, London, N.22.

H. E. Lloyd, Ltd.—Private company. Reg. Jan. 7. Cap. £2,000 in Li shares. To acquire the business of H. F.. Lloyd, Wigan. Coach proprietor, garage proprietor, haulage contractor, etc. Subscribers:— .1. Ion, 35, Market Street, 1Tindley, nr. Wigan; B. F. Wheelan, 31, Cinnamon Avenue, Hindley Green; H. E. Lloyd, 12, Biekershaw Lane, Platt Bridge. Secretary:—B. F. Wheelan. Reg. office:-12, Bickershaw Lane. Platt Bridge.

W. C. Smithie and Co., Ltd.—Private company. Beg. Jan. 8. Cap. £25,000 in 10.000 10 per cent. cum. pref. and 15,000 ord. shares of

£1. To acquire the business of W. C. Smithie and Co., Farnworth, Petroleum, oil, benzole and motor spirit dealer, etc. Directors: —W. C, Smithie, W. E. Smithie and Ada Smithie, Mayfield, 45, Worsley Road, Fornworth; Mary A. Parker, GarswOod, Over Milton, nr. Bolton; Doris E. Halstead, The Close, Wainwright Road, Altrincharn. Solicitors:— Fielding and Fernihough, 7, Fold Street, Bolton, A. and F. Heaton, Ltd.—Private company. Reg. Jan. 9. Cap. .26,000 in £1 shares. To acquire the business of Abram Heaton and Erneat Grange, of Gomersal and Yeadon. Haulage contraotor. garage proprietor, etc. Directors:—A. Heaton, Old Lane, Birkenshaw, nr. Bradford: F. Heaton, 1.3, Westroyd Avenue, Hunsworth, Gomersal, sir. Leede. Secretary:—Beatrice Heaton, Drub Lane, Comersal. Bolicitors:—Willey Hargrave andCc., 16-17, East Parade, Leeds. Reg. °Mimi—Lodge Pit. Whitehall Road, unsworth, Gomersal.

INCREASES OF CAPITAL.

Trojan (Holdings). Ltd., Vicarage Road, Croydon, Surrey.—Nom. cap. increased by £124,000 beyond reg, cap. of £192,668. Additional cap. divided into 496.000 ord. shares of Si.

Transport Services, Ltd., 141-145, Kingsland Road, London, E.— Nom. cap. increased by £270,000 beyond reg. cap. of £130,000. Additional cap. divided into 280,000 ord, shares of 5s. and 200,000 6 per cent, red. cum. pref. shares of £1. The 130,000 ord. alums of £1 in the original cap. have been subdivided into 520,000 5s. shares.

Consolidated Rubber Manufacturers, Ltd., 3, St James's Square. London, 8.W.1.—Som. cap, increased by £100,000 beyond reg. cap. of £600,000. Additional cap, divided into 100,000 554 per cent. pref. shares of £1. At Dec. 3, 1936, 1,000,000 ord. shares of 2s. and 499,000 pref. shares of £1 had been issued and fully paid up, of which the General Rubber Co., Ltd., held 400,000 pref. and 720,000 ord.;

F. W. Pickett, 16,800 pref. and 250,000 ord.; and United States. Rubber Co. of New York, 29,330 pref.

MORTGAGES AND CHARGES.

E.M.A. (Commercials), Ltd., Southampton.—Mortgage on 254, Winchester Road, Southampton, dated Dec. IS, 1936, to secure all monies due or to become due from the company to Midland Bank, Ltd.

COMPANY RESULT. COMPANY RESULT.

Leyland Motors, Ltd.—Preliminary details show gross profit for year ended September 30 was £551,951, against £444,919 for, previous year. Net profit, subject to provision for income tax, is returned at £463,012, compared with £364,887 for previous year. General reserve receives £50,000, increasing it to £150.000, whilst carry forward is £51,531, compared with £49,380 brought in. Dividend of 20 per cent, is to be paid on ordinary capital, compared with 1754 per cent, log previous year.