Men in the News
Page 32
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Ma... T. P. RENTotst has been appointed Scottish divisional manager for Dunlopi lb.
MR. H. 0. HALLAS was recently appointed general manager and secretary to the Punjab Road Transport Board,
MR. AN MACKNIGHT has been elected president of the Scottish Motor Trade Association and MR. ROBERT ANDERSON retailer vice-president,
MR. N. MCPHERSON has been appointed a director of the Aluminium Corporation, Ltd., not the British Aluminium Co., Ltd., as announced in the June 20 issue. Aluminium Corporation 4 Ltd., is a subsidiary of the B.A.C.
MR. R. ELLERY has disposed of his interests in Kenex Coachworks, Ltd., and resigned his directorship and general managership. He was responsible for the design and development of the company's range of coach bodywork.
MR. NORMAN MORTON, formerly district engineer and deputy manager of the Leicester-Northants District of the Road Haulage Executive, has taken up his new appointment of general manager of Sunderland Transport Department.
MR. B. L. Iltsc000 has been elected chairman. of Brown Brothers, Ltd., succeeding the late MR. J. A. THOMSON. Mr. Bisgood has been tt director of the concern since 1932. SIR RICHARD YEABSLEY, F.C.A., has been appointed deputy chairman of the company and MR. J. T. MASTERTON managing director.
SIR WALDRON SINCLAIR has resigned from the chairmanship of the British Tyre and Rubber Co., Ltd., which he has held for 25 years, but has been appointed life president, with a seat on the board. He has been succeeded by MR. C. G. C. HAYMAN, formerly deputy chairman, and MR. C. I. R. HUTTON has joined the board.
MR. J.• W. Han., deputy manager of St. Helens Transport Department, MR. T. BAMFORD, general manager at Madstone, MR. J. C. WAKEMAN, Burton-onTrent, MR. C. C. OAKUM, chief engineer at Manchester, and MR. E. V. DvsoN, general Manager at Warrington, are on the short list of applicants for the general managership of St. Helens Transport Department.
H.M. THE QUEEN has granted her patronage to the Institute of Transport. The following nominees to the council have been elected with effect from
October MR. M. F. BARNARD, MR, A. E. J. BOWN, Ma. L. G. BURLEICH, MR. J. B. BURNELL, MR. J. T. EVANS, MR. W. FRASER, MR. C. P. HOPKINS, MR. J. E. M. ROBERTS, and MR. W. I. SCOTT-HILL. MR. W. A. FLERE has been elected an associate member.
A30 MR. R. E. HYSLOP has been appointed general secretary of the Municipal Passenger Transport Association.
MR. J. A. CHRISTENSEN, export Commercial manager of the Standard Motor Co., Ltd., flew by B.O.A.C. to New York recently.
MR. W. NEWLAND, export manager of Simms Motor Units, Ltd., is visiting the company's agents in Norway, Denmark and Finland. He will appoint an agent in Sweden.
MR. H. L. WALKER has been appointed chairman of the long-distance panel of the Road Haulage Association, a post formerly held by MR. B. WINTERBOrfOlvf, the new national chairman of the R.H.A.
Romae Industrim, Lid., announces that after allowing for depreciation, the balance for the year ended March 31 last was £29,875. A dividend of 10 per cent. is being paid on the ordinary shares, Maxima Lubricants, Lid., made a group profit in the year ended March 31, of £33,158. before taxation of £19,865. The amount carried forward by the parent company was £43,629. A dividend of 40 per cent, less lax Is declared.
Sunderland Transport Department lost 1120,529 in the financial year ended March 31. compared with £2,864 in the previous 12 months. It is expected that fares increases implemented in December, 1951, will raise revenue by £97.000 Per annum, Rennld and Coventry Chain Co., Ltd., made a group profit of £779,772 in the past financial year. Taxafion of £444,100 had to be deducted from WS SM. A final dividend of 9 per cenL is to be paid on the ordinary stock, making 12 per cent, for the year.
King's Maims (Oxford), Ltd., showed a profit for the year to March 31 of £240,717, subiect to final audit. Provisional reserve for taxation is £150,390. A final dividend of 50 per cent. on the increased capital and „the interim dividend at 20 per cent. on the smaller capital make 70 per tent, for the year.
Sentinel (Shrewsbury) Ltd., reports that in the period to March 31 last, the profit, after allowing for depreciation, was £64,111. from which taxtition of £38.426 had to be deducted. After accounting for other charges, the net profit was L5,124, A dividend of 5 per cent. is being paid on the otdinary shares.
The London General Cab Co., Ltd., made a consolidated net profit for 1951 of £9.097, atter tax deductions of £13,907. This compares with a net profit of £6.355 for the previous year. A sum of £6.248 has been devoted to depreciation of investments and £20.838 carried forward. No dividend is to be paid.
Barr' and Walbee Arnold Trust made a consolidated profit of £l36,880 for 1951. This was increased by other income to £138.1541, but atter depreciation at £65,108 the 'balance became
' £61,037 to which was added £22,856 overprovision for tax. From the total remaining, tax
at £23,824 and other income tax at £41 were deducted. The carry forward was £66.342. An ordinary dividend of 20 per cent, is declared.