Aeronautical Corporation of Great Britain
of Walton, Peterborough, manufacturers of aircraft, aircraft fittings, propellors and other components.
1936 Public company founded by H. V. Roe, brother of Alliott Verdon-Roe and co-founder of A. V. Roe and Co; initial purpose of flotation was to acquire Light Aircraft Ltd and Lang Propellers Ltd and a well equipped factory at Peterborough, Aircraft Accessories Ltd, which was to be purchased from Frederick Sage and Co Ltd, shopfitters.
1937 Aircraft manufacturers. "Aeronca" Aircraft. The Aeronca 100, a version with fabric-covered ailerons (instead of metal), was built in England under license by Light Aircraft. However, the expected sales never materialized and only 24 Aeronca 100s were manufactured before production was halted.
1937 After replacement of the board and failure of a scheme of reorganisation, it was recognised that the company could not continue and it went into voluntary liquidation[1]. A law case, alleging fraudulent representation about the company's affairs, continued for some months but was eventually decided in the plaintiff's favour in only certain respects; damages of one farthing were awarded without costs.
See Also
Sources of Information
- ↑ The Times, 6 November 1937