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No Privilege For Ex-shareholder

19th July 1957, Page 33
19th July 1957
Page 33
Page 33, 19th July 1957 — No Privilege For Ex-shareholder
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Which of the following most accurately describes the problem?

BECAUSE a man once held shares in a company which had excursion licences, he was lot entitled to a privileged position when asking for a new licence, the North Western Traffic. Commissioners were told last week. If he was, there would be a spate of applications from ex-shareholders in bus companies.

Mr. H. Backhouse submitted this when he appeared for Happiway Tours, Ltd., one of 12 objectors to an application by Lilley Tours for a new excursion licence from Failsworth.

Mr. E. A. Whitehead, for Lilley's, said they had received many requests to run excursions to seaside destinations and football matches. They were asking for seven destinations only—Blackpool, Southport, Morecambe, Rhyl, Llandudno, Maine Road, and Old Trafford— to which existing coach and rail facilities were inadequate.

In evidence, Mr. Lilley said his business consisted of contract, excursion and tour work, and workmen's services. From 1953 onwards his private-party work had been seriously affected by Happiway re-opening a picking-up point in Hollinwood. Competition was intensified in 1955 when he also lost his " on hire " workmen's services. His three coaches were not now in use.

Mr. Backhouse described the application as "impudent." The proposed fares seriously undercut those in operation in the area and the originating point was mid-way between two pickingup points on the Happiway licence, which were only half a mile apart.

After evidence that express services to Blackpool and North Wales, and excursions to all the points applied for, were not full to capacity, the chairman, Mr. F. Williamson, reserved decision.

NEW BRITISH LUBRICANT MAKER

/-1. A NEW British company, Jet-Lube,

Ltd., 26-32 Caxton Street, London, S.W.1, has been formed to manufacture and market throughout Europe, the Middle East and Far East, the Jet-Lube range of extreme-service lubricants, until recently obtainable only from the United States. The company has a works at Fallings Park, Wolverhampton.

Jet-Lube products are insensitive to temperature. They have no melting point and can be used continuously from minus 40° F. to 600° F., with short runs at even higher temperatures. They are insoluble in water.

NEW BRIDGE COMPLETED 'THE new £230,000 Cavendish Bridge, which carries the London-CarlisleGlasgow-Inverness trunk road over the river Trent near Shardlow, Derbyshire, was opened on Monday, two days ahead of the scheduled date. By using the bridge, drivers of heavy vehicles avoid a 12-mile detour.


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