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Takeover Fleet Cut : Low Earnings

15th July 1960, Page 47
15th July 1960
Page 47
Page 47, 15th July 1960 — Takeover Fleet Cut : Low Earnings
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Which of the following most accurately describes the problem?

AN application by Thomas J. Davis, Rutherglen, to take over an A licence for four vehicles (13t tons) issued to F. C. Graham and Son was only partially successful at Glasgow on Tuesday.

Mr. S. Clink, for the applicants, said

Mr. Davis had co-operated in managing the business since January, 1960, Low earnings for the years 1957-58-59, amounting to £2,855, £1,679 and £1,639 respectively, were due to the illness of the licence holder, 84-year-old Mrs. Graham.

Mr. G. Paterson, managing director of P. and S. Contracts, Ltd., said he had used the Graham vehicles through Davis since last January for local work in connection with his trunk vehicles, and paid the firm £200 to £400 a month.

Mr. D. Graham said be managed the business for his mother. It started on general haulage in 1931. It had been neglected because his wife, who kept the books, had to nurse his mother, and he had started a business outside haulage.

Questioned by Mr. I. Law, for the objectors, Mr. Graham did not agree that earnings of £1,600 to £1,700 a year were insufficient for one vehicle.

Mr. W. F. Quin, Scottish Licensing Authority, said that although he was sympathetic the illness of Mrs. Graham should not have prevented her son from managing the business. The figures were very low and the most he could grant was two vehicles.