Tilling Directors Get £38,000
Page 7
If you've noticed an error in this article please click here to report it so we can fix it.
L-'ULL details of the sale of the trans' port interests of Thomas "I tiling, Ltd.. to the British Transport Commission were given by Sir Frederick Heaton, chairman,, in a statement issued on Monday with the report for 1948.
As announced in " The Commercial Motor" last week, the net profit was £424,410.
Provision is made for the payment of £38,000 to directors as compensation for loss of office. The proposed pay-. inents are: Sir Frederick Heaton, £25,000; Lord Brabazon, £1,000; Lord Hacking, £2,509; Mr. W. WolseY, £3,500; Mr. G. Cardwell, £4,500; and Mr. S. Kennedy, £1,500. .
In his statement, Sir Frederick said that the small haulage business known as Ford. Ltd., was not, under the Transport Act, transferable to the B.T.C. Arrangements had been made, however, for its disposal to the Cornmission at an agreed figure of £25,000.
RUS FARES TO COST MORE IN HUDDERSFIELD
HUDDERSFIELD Transport Department's application for increases in trolleybus and motorbus fares has been granted. Most fares will go up by -ad. a stage, with a minimum fare of 1 ad. instead of Id.
The new fare stages will work out at one mile forlid., la miles 2d., two miles 2aci., three miles 3d., and thereafter ld. a mile or part of a mile. Workmen's return fares will be increased on the basis of fare-and-a-half, all fractions counting as Id.
The new fares will probably come . into operation on March 27. It is estimated that the increases will pro
• duce an annual revenue of £85,000, against an estimated deficit of £6,000 on the financial year ending March 31 next.
LORRIES USED TO SAVE 80,000 FROM FAMINE
LORRIES are working in conjunc1—+tion with R.A.F. aeroplanes in an effort to save from famine the 80,000 people of Hadhramaut, a Southern Arabian district which is separated from the Arabian Sea by a 6,000-ft. escarpment.
Bedford vehicles are covering some of the worst mountain roads in the world to bring food from the coast to the affected area. They have been provided from stocks held in Aden, and more are being ,sent from England as soon as they can be made available.
Two catastrophes have made this action necessary. First there was a drought, which caused a failure of the crops, and later a sardine famine. Dried sardines are the staple diet of the camels which provide Hadhramaut's normal means for overland transport.
GLASGOW TROLLEYRUSES SOON
GLASGOW Corporation's fir st trolleybuses will start to operate between Provanmill and Polmadie on April 3. Later the route will be extended to King's Park, on the south side of the city. Twenty-four 70-seater teolleybuses will be used.