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Gaoled Ex-haulier has £248,626 Liabilities
Page 52
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r ON TINGENT liabilities of kJ £248,626 12s. 7d. were shown in the statement of affairs produced by Eric Earls Bamford, formerly the operator of engineering and haulage companies in Derbyshire, when he appeared at Derby Bankruptcy Court last week. Bamford, whose home is at Wycliffe Road, Alfreton, Derbyshire. was taken to the court from Leicester Prison, where he is serving seven years for fraud.
• He was gaoled in June, 1956, for his part in what was described as one of the largest :frauds ever to be investigated by Scotland Yard. It concerned hire-purchase on a fleet of non-existent lorries.
Admitting the deficiency, Bamford said: "I did not set out with the idea of defrauding, but I suppose I got somewhat involved." He added that, having lost everything, he had intended moving to Australia, but he was arrested the day before he was due to fly out.
In cross-examination, he admitted that at one time he ran Jaguar, and Bentley cars, but he denied that he was ever extravagant. The public examination was CIOSed.
FIV&DAY CAR HIRE PLAN
A SCHEME devised by J. Davy. Car ra Hire, Ltd., Babmaes Street, London, W.1, offers business houses reduced annual contract rates for car-hire cars. Savings of up to 25 per cent. are possible.
The "5-D Plan allows the customer full use of the car from 8 a.m. on Monday until 8 p.m. on Friday. At the end of the five-day period, the car is returned to one of the five Davy depots in London, where it is cleaned and serviced before being allocated to the hire fleet for week-end use.
The car is then cleaned and maintained once more for the customer collecting on Monday. Advantages of the scheme include reduced terms for the annual hirer and an easing of week-end pressure on the depot.
Rates for the new scheme range between £3 7s. 6d. per week for an Austin A-35 to £.6 per week for a seven-seat fully furnished caravan. The 'hirer is responsible for comprehensive insurance and petrol; an excess charge of 14d. Per mile becomes payable after the first 13,000 miles.
BURY EXPANDS THROUGH-ROUTE SCHEME
FOLLOWING the success of a Crosstown bus service introduced nearly six months ago, Bury Corporation hope to merge eight more of their services into four through routes. Among the eight are the Bolton and Rochdale services, which will require approval from the two corporations concerned.
Mr. J. T. Langley, traffic superintendent, hopes that the undertaking's annual mileage will be cut by 35,000. He said last week that there was also a chance that some of the traffic lost through the last fare increase would be recovered, and that fewer buses would be needed.