Please Support Our Advertisers
| |
Joining The Fifty Fund
All shareholders in the Class 50 Alliance Ltd are members of
The Fifty Fund. A share in the Alliance is currently this is the only mechanism
by which it is possible to join The Fifty Fund.
Operating any railway engine requires capital to pay for;
insurance, lubricants, spares, tools, examinations, and essential maintenance. It is also
this organisations stated objective to purchase "Hood". In order to raise the finance for
all these objectives the Class 50 Alliance are selling £25 shares. Shareholders are all part
owners of "Ark Royal", "Exeter" and "Defaince" will hopefully be part owners
of "Hood" in the future.
The Purchase of shares cannot be regarded as a profit making venture, only as a means
of ensuring the continuing preservation of these locomotives for your enjoyment. Shares
are therefore "Certificates of part ownership". Any revenue generated by the
locomotives will be reinvested, and used towards their future maintenance.
Share issues are made annually. Between share issues, receipts are sent to anyone making
an application for shares, from that point in time they are given shareholder status.
All shareholders are invited to attend the Annual General Meeting and other
Extraordinary Meetings, and if appropriate vote on
issues pertaining to its activities. In all shareholder voting procedures each complete
share purchased represents one vote.
Day to day running of The Class 50 Alliance is undertaken by the board of
directors supported by a team of appointed advisors. The members of the board
are elected at each AGM.
|
| The day to day running of The Fifty Fund is carried out by the committee,
who are elected by the shareholders at each Annual General Meeting (A.G.M.). The Fund is properly
constituted, and copies of the constitution are available on request.
Members receive regular mailings to bring them up to date with the Fund's
activities and operating days. In addition a bulletin is produced approximately once a
year reviewing the events of the last year and previewing those to come. |
 |
Share Purchase
After reading about the progress made to date, we hope you will be suitably encouraged
to consider making a financial contribution towards the preservation of these locomotives.
Shares may be purchased outright, or by installments (by standing order). There is no limit
to the number of shares that may be purchased, or the number of applications made.
Share application forms can also be downloaded by from the download page: Click
here.
Your Help is Needed
Your contribution is needed to keep Ark Royal, Exeter,
Defiance and Hood fully working on the
S.V.R and elsewhere. For more details of The Fifty Fund and share application forms
either download from this
link or please send an
S.A.E. to:-
The Fifty Fund, 1, Castlefields, Leominster, HR6 8BG, UK.
|
| |
New in the
Fund Shop
Click on the Images for more details | |
The Latest DVDs including;
 All
the thrash down the WCML including over the steep gradients of Shap from the best
seat in the house.....
|
|
2013 Calendars
|
|
Books
| Mugs
|
| Pens
|
| Mouse Mats
| Stickers
|
DONATIONS
Please help us keep our locomotives operating.
All income goes directly to purchasing parts and funding repairs to the
equipment needed to keep Hood, Ark Royal, Exeter and Defiance running.
Donations can now be made by PayPal and all major credit and debit
cards, just click on the button above.
Thank you for your support. |
|
