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Aviation History
1918
1918 - 0930.PDF
COMPANY MATTERS. British Internal Combustion Engines, Ltd. AT the statutory meeting of British Internal Combustion Engines, Ltd., on August 7th, Sir John F. L. Rolleston, M.P. (the chairman) said :—You will observe from the report sent to you that the whole of the capital of the company AUGUST 15, 1918. . NEW COMPANY REGISTERED. First Advance Prospectus Filed since March, 1916. SNELL'S SUPERCORK SYNDICATE, LTD., a concern " intended to be " incorporated under the Companies Acts, has filed a prospectus at Somerset House, this being, the prospectus filed by a proposed new company in advance has been paid up in full, and that the purchases of the various of incorporation since March, 1916. Of course, if the neces- properties which this company was formed to acquire have sar>7 subscriptions -be not forthcoming, the company may been completed. This company is primarily a holding com- never be incorporated. The capital is to be £24,000 in S,ooo - - 8 per cent, cumulative preference and 16,000 ordinary shares 2,981. 160. pany, and .was formed for the purposes, mainly, of acquiring a controlling interest in the Aster Engineering Co. (1913), Ltd., and the whole of the assets of the Green Engine Co., Ltd. We now hold 57,000 out of the 74,538 issued shares of the Aster Engineering Co., Ltd., and the whole of the issued shares of the Green Engine Co., 1AA% both of which com- panies have had a progressively successful career. Those chiefly responsible for the past success of these companies, and who are practical experts, are continuing to take an active part in the management, and are largely interested in our holding company. We have amplecash working capital, and this has been provided for the specific purpose of increasing the output of Green engines. These two companies, the Aster and Green, are continuing their operations as before, but on a larger scale, owing to the financial assistance this company is able to render and the amalgamation of interests which it has effected. The seaplanes. Green Engine Co. is the proprietor of the British, foreign, and colonial patents under which the Green engine is de- signed and manufactured. The Aster Engineering Co. has, from the commencement, specialised in the construction • of Green engines, and although we have made arrangements which will enable that company to expedite delivery of the orders it has in hand, and undertake further orders, • the Green Engine Co.* has monopolised the output capacity of two other engineering works of considerable size. In addition, arrangements have been made, with a well-known firm of engineers to manufacture a large number of Green engines. Apart from Green engines, the Aster Engineering Co. makes the well-known "Aster " internal combustion engine for the special requirements of several Government Depart- ments. Your directors intend to make a special point of seeing that it, and its associated companies, shall be in a position after the war to supply internal combustion engines for all purposes, recognising, as they do, the great future before this class of engine. It is not proposed that this com- pany shall always remain a purely holding company, but that it shall ultimately act as agents and contractors for the supply of complete motor-power sets for various purposes. " William Beardmore and Co., Ltd. AT the annual general meeting held in Glasgow on August 9th, Sir William • Beardmore, Bt. (chairman and managing director), said " In 1916—perhaps even more so, indeed, —the resources of the company continued during 1917 to be devoted to the direct support of our fighting services and those of our Allies. The Army, the Navy, the Air Service, the Undersea Service have all called for and received supplies to an extent much appreciated by the various departments. I cannot, of course, enter into any details, but I may be allowed to say that our volume of work and the scope of our operations in 1917 have_been extended far beyond any previous experience. The large extensions to plant at Mos- send have progressed and are now partially in operation, and other large extensions are proceeding. Within the last few weeks important orders have been received necessitating further arrangements to meet the desired supplies, and.these are now in progress. " I would take this opportunity of expressing my warm appreciation of the loyal and whole-hearted efforts of the management and staff, including the foremen of all the various departments and works of the company during the year, and also of all the workers, male and female, who by their faithful and strenuous work have enabled us to respond so successfully to the demands of the fighting forces. " I have pleasure in moving that the following dividends on the six per cent, cumulative preference shares of the company be confirmed and approved : Interim dividend at the rate of 6 per cent, per annum, free of income tax up to is. 2d. in the £, for the half-year to June 30th, 1917. Final dividend at the rate of 6 per cent per annum, free of income tax up to is. 2d. in the £, for the half-year to December 31st, 1917. " I have pleasure in moving that a dividend at the rate of 6 per cent, per annum on the ordinary shares of the company be and is hereby declared." The proceedings then terminated. of £1 each; 13,000 ordinary shares are to be allotted to the vendors. The proposed directors are :—J. M. C. Cox, E. S. Fergusson, A. R. Mblison, T. Packer, and H. J. Snell. Secrer tary and office (pro tern.) :—W. J. H. Lowe, F.I.S.A., Ormond House, Trinity Lane, E.C. 4. The company is to take over a process for manufacturing a cork substance from cork cuttings or waste material. Some of the uses suggested are for ribs of aeroplanes, artificial limbs, buffers, buoys, boat fenders, electric insulators, yacht decks, deck seats, book covers, linings for refrigerators and ice stores, fishing floats, soldiers' helmets, backs for hair and other brushes, heels for women's and children's boots, insoles, jewel cases, bungs for barrels, children's toys, casings for boilers, hot air and steam tubes and electric wiring, &c. " It is believed-" that the substance could also be used for hulls of ships and m x * m PUBLICATION RECEIVED. ": Aeroplanes and Aero Engines. By " Avion." C. Arthur Pearson, Ltd. Price 2s. 6d. net. London : Aeronautical Patents Published. Abbreviations;—cyL = cylinder; I.C. = internal combustion ; m. = motors Applied for in 1917. The numbers in brackets are those under which the specifications will be printedand abridged, &c. Published August 8th, 191S. -T10,235. N. A. THOMPSON-. Launching and landing of aircraft. (117,309.) 11,456. ^.Soc. LORRAINE ETAB. DE DIETRICH ET CIE. Speed-reducing gearfor aviation engines. (109,437.) Published August 15th, 1918. ',;. To,533- J.WELSH. Bomb-dropping apparatus for aircraft. (117,501.) • ,. Applied for in 1918. The uumbjrs in brackets are those under which the specifications will be printed and abridged, &c. Published August 8th, 1918.VV. R. D. SaAW. Tail-planes of aircraft. (117,411.) Published August 15/i, 191S. W. A. MCDOUCILL. Apparatus for detecting side-slip in aeroplanes. ••-..- <"7,57O.) - : . _. -~ r~u- - '-<r m m m m- -"• \':-:~r"- --• ,. NOTICE TO ADVERTISERS. IN order that ••FLIGHT" may continue to be pub- lished at the usual time, it is now necessary to close for Press earlier. All Advertisement Copy and Blocks must be delivered at the Offices of "FLIGHT," 36, Great Queen Street, Kingsway, W.C. 2, not later than 12 o'clock on Saturday in each week for the following week'8 issue. ] J — s " '!" " ' If you require anything pertaining to aviation, study j "FLIGHT'S" Buyers' Guide and Trade Directory, : which appears in our advertisement pages each ' week (see pages lvii, lviii, lix and lx). FLIGHT ^ and The Aircraft Engineer. ~~~ 36, GREAT QUEEN STREET, KINGSWAY. W.C. 2. Telegraphic address: Truditur, West cent, London. TelephoneTGerrard 1828. SUBSCRIPTION RATES. " FLIGHT " will be forwarded, post free, at the following rates:— UNITED KINGDOM. ABROAD. • *. d. 3 Months, Post Free ..83 6 „ „ .. 16 6 12 ,. ,*. .-33 o Cheques and Post Office Orders should be made payable to the Proprietors of "FLIGHT," 36, Great Queen Street, Kingsway, W.C. 2, and crossed London County and Westminster Bank, otherwise no responsibility will be accepted. s. 3 Months, Post Free.. 7 6 .. ..14 12 „ „ .. 28 928
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