Meadows Offers Shares to A.B.E.
Page 10
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OPTIONS on the whOle of its authorized but unissued share capital up to September 1, 1950, have been granted by Henry Meadows, Ltd., to Associated British Engineering, Ltd.
This arrangement has been reached in return for the undertaking by A.B.E. to pay at once the .18 months of dividend on the Henry Meadows preference shares oustanding up to February 28 last. A.B.E. has also agreed to guarantee payment of the preference dividend for another 18 months up to and including the dividend due on September 1, 1950.
Mr. Alan P. Good and Mr. Alexander Geddes, directors of A.B.E. and of the Brush Group, in which A.B.E. holds a substantial interest, have joined the board of Henry Meadows, Ltd. Mr. W W. Hamill, chairman of Henry Meadows, Ltd., has become a director of Associated British Oil Engines, Ltd., one of the Brush concerns.
RANGE OF SMALL BATTERY CHARGERS (IF the range of battery chargers 'L./marketed by Easco Electrical. Ltd., Brighton Terrace, London, S.W.9. model D. -19 is suitable for charging 6-volt or 12-volt batteries at 1, 3 or 6 amps. It incorporates a magnetic trip which automatically switches off the charger should any circuit become overloaded.
The unit has two separate selfcontained circuits, having a charging rate of 1 amp. to 3 amps. When wired in series the full output is stepped up to 6 amps. With a rectifier of the selenium metal type, this model sells for £15.
Other chargers in the Easco range are priced lit from £4 5s. to £7 10s., with outputs of I amp. to 3 amps.
NEW HEAVY-DUTY PORTABLE ELECTRIC DRILLS ANEW range of heavy-duty portable electric drills has recently been introduced by S. Wolf and Co., Ltd., Pioneer Works, Hanger Lane, London, W.5. In all, there are five types for
f-in., and i-in. drills, two models being designed to take No. 2 Morsetaper-shank twist drills!'
As an pxample of performance. the *-inmodel is claimed to penetrate at the rate of 2 ins, per minute when Working in steel. Nickel-chromemolybdenum steel is used for the gears, which are machined from forged blanks with integral spindles, which overcomes a2 the need or the use of keyways and keys.
The Wolf concern has evolved it switch of new design which hip withbut ill-effects, been switched on and off 250,000 times under load conditions.
A bench stand, which enables a drilling -unit to be quickly converted into an efficient bench drill with sensitive feed, is available.
THEY WERE ALL THERE?
'THE Southern Branch of the Institu1 tion of Mechanical .Engineers last week held its first meetingin Basingstoke. -It was attended by " over 350 members. The meeting was held at the premises of Transport Equipment (Thornycroft), Ltd
A paper entitled "Some Notes on the Design, Development, and Production of High-speed Compression Ignition Engines' was presented by Mr. S. Markland, and Mr. N. Tattersall. director and chief engineer respectively, of Leyland Motors, Ltd.