£5,250 Station Rating: Compa ny Appeal T HE valuation at £5,250 of
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the new St. Andrew's Square bus station in Edinburgh was challenged by Scottish Omnibuses, Ltd., in the Valuation Appeal Court last week. The company proposed a valuation of £1,000. Mr. James Amos, chairman of the company, said that the removal of buses to • the station from the former street stands had added an amount to operating costs which the concern could not recoup. ,
No extra profit would result from the change, he said. In making the move, the company had sought to meet the comfort of the public, and the wishes of the police and ,„the local authority by taking traffic off the streets. The concern did not regret building the station, but if they had known that the valuation was going to be so high thy would not have considered it.
A chartered surveyor agreed that the contractor's principle of assessment could not apply to a bus station. The essential, aspect of the principle was that the person responsible for the erection expected to receive a reasonable return for the investment.
The hearing was adjourned.
PERKINS' NEW-PRODUCTS DIVISION
A DIVISION has been created by I—I F. Perkins, Ltd., to develop and introduce certain new products into the organization. It will be located at the company's Eastfield factory.
Mr. D. F. W. McNair, export sales manager, has been appointed general manager of the new division. He joined the company 22 years ago. Following this new appointment, Mr. T. M. Collins, general manager of Perkins Diesel (Overseas) Pty., Ltd., Dandenong, an Australian subsidiary, will succeed Mr. McNair as export sales manager. Mr. Collins, in addition to responsibility for all export sales activities, will also be responsible for the administration of overseas companies and overseas manufacture.
New general manager of the Australian company will be Mr. D. McSweeney. Deputy general manager of the new-products division is Mr. G. E. Smith.