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BIG YORKSHIRE AMALGAMATION

29th March 1935, Page 119
29th March 1935
Page 119
Page 119, 29th March 1935 — BIG YORKSHIRE AMALGAMATION
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Keywords : Business / Finance

AT an extraordinary general meeting of the Yorkshire (West Riding) Electric Tramways Co., Ltd., last week, it was decided unanimously to approve a conditional agreement for the transfer of the undertaking of the West Riding Automobile Co., Ltd., to the former company and to change the tramways concern's name to that of the automobile company. Sir George E. Leon, chairman of the company. said that the directors had wished, for some years past, to bring about the amalgamation. At the ordinary . general meeting, which followed, he stated that the company's revenue for the past financial year had increased by £7,158 to 1126,041, whilst the sum carried to the appropriation account had risen by £6,512 to £47,030, the total amount available for appropriation being £53,447.

"We are working, and have, always worked," he continued, "legitimate bus services, and I mention this because many of the passenger-carrying Companies operating on the roads entered into competition with the railways and began to run long-distance services, which, in our opinion, were unjustifiable and must, sooner or later, prove unprofitable. This policy of ours has proved sound, and every day it becomes increasingly evident that such services must be decreased or withdrawn and the traffic handled by those best fitted to cater for it, namely, the railways."

CORPORATIONS TO RUN BUSES THROUGH MERSEY TUNNEL?

AJOINT committee of Liverpool and Birkenhead Corporations has discussed a motion in favour of application to the North-Western Traffic Commissioners for permission to run buses from Birkenhead to Liverpool, via the Mersey Tunnel. It is proposed that each municipality should run its own buses, that in each case the Vehiclemileage should, so far as possible, be equal, and that profits or losses on the venture be pooled. Traffic experts are to investigate the question.

EXTRA PAY FOR WELSH WORKERS.

SEVERAL of the leading South Wales bus companies, including the Western Welsh Omnibus Co., Ltd., and Red and White Services, Ltd., have decided to mark the King's Jubilee day, on May 6, by granting employees an extra day's pay. Most of the corporations also will grant double pay for employees who work on this day.

Tags

Organisations: JOINT committee
People: George E. Leon
Locations: Birkenhead, Liverpool

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