Oral Answers to Questions — Taxi-Cab and Motor Finance Company, Limited.

Part of the debate – in the House of Commons on 27th February 1922.

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Photo of Mr John Mills Mr John Mills , Dartford


asked the President of the Board of Trade whether he is aware that, as a result of the liquidation of the Taxi-cab and Motor Finance Company, Ltd., over 600 depositors, the majority of whom are ex-service men, have lost their deposits, amounting to upwards of £23,000; that at a meeting of the creditors, held on the 28th October last, the Official Receiver promised to make a full investigation of the affairs of the company; whether such investigation has yet been made; if so, with what result; and whether the Board of Trade will cause a full inquiry to be made into the affairs of the company, with a view of ascertaining the causes of the liquidation and if there is a case for the prosecution of the promoters of the company and others responsible?