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TDG TAKES OVER LONDON AND WELSH TRANSPORT
Page 55
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THE whole of the issued share capital L of London and Welsh Transport Service Ltd., Cardiff, has been acquired by Transport Development Group Ltd. The company operates 30 vehicles, primarily on daily trunk services carrying meat between London and Cardiff. Consideration for the acquisition comprised the allotment Of 202,645 Ordinary shares of Ss. each of TDG, credited as fully paid, and £36,012 in cash.
London and Welsh Transport will continue under the management of Mr. Howard Thomas.
TRTA Prize: The Traders Road Transport Association is to award a prize of 12 guineas per annum to a student from a C-licensed firm who obtains the highest marks in the RSA diploma final examinations. The Association has also announced that road transport students and lecturers can obtain the T RTA Year Book at half price as a special concession.