Midland Motorbuses.
3rd June 1919, Page 7
3rd June 1919
Page 7
Page 7, 3rd June 1919
— Midland Motorbuses.
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The Midland Motorbus Co., Ltd., are pursuing a policy of sound and progressive expansion in their attempts to meet the increasing demands of the outlying parts of Leicester. A very substantial increase in mileage has involved the company in very heavy capital outlay, and a number of new buses are being built to cater for the ever-increasing demand. To meet this outlay, we understand that the eapital,of the company has been increased from 210,000 to £,20,000. The bulk of the 10,000 cumulative preference shares issued are held by the directors of the company.