Decision Reserved' On Take-over Bid
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FOLLOWING the, liquidation Of ..th. Barley Repair :Depot, Ltd., residents of the rural districts around Burnley. Collie and Nelson have been deprived transport facilities, alleged Mr. J. Backhouse, when he presented applications by SandoWn Tours • (Burnley), Ltd., A. Storey, Ltd., and D. Tattersall, .,Ltd, at Manchester on Tuesday. The applicants wished to add 10 new picking-up points to their existing licences, which had previously been on the licence belonging to the Barley Repair Depot. The latter, continued Mr. Backhouse, had provided excursion facilities in the area for many years and when, through financial difficulties, they had been compelled to liquidate the business, these had stopped. The Commissioners reserved their decision. Mrs. J. M. Pollard, a director of the three applicant companies, stated that she had negotiated to buy the Barley business, but before the transaction could take place, it had been put in the hands of a liquidator. However, she had attained dispensation which entitled her to use the picking-up points, and was now putting forward this substantive application. The creditors had refused to sell the goodwill but, if the application were granted, this would not be worth very much.
Mr. T. Barratt of the Barley Repair Depot, said that he had been compelled to dispose of his business through financial difficulties, but at one time had carried about 30,000 passengers a year