Canberra ARHS

 
  neillfarmer Chief Train Controller

It would have been possible to keep Espee and the ARHS (Canberra) separate. The ARHS (Canberra) could have invested money and held all the shares but that would have been the limit of its liability. That structure would have protected the ARHS C from Espee's failure.
They should have asked Mr Trump, he knows all about these structures.

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  james.au Minister for Railways

Location: Sydney, NSW
It would have been possible to keep Espee and the ARHS (Canberra) separate. The ARHS (Canberra) could have invested money and held all the shares but that would have been the limit of its liability. That structure would have protected the ARHS C from Espee's failure.
They should have asked Mr Trump, he knows all about these structures.
neillfarmer

Unless of course in setting up Espee, AHRS-C had to give guarantees to financiers to get it established.
  mikado5910 Chief Train Controller

Location: Kurri Kurri NSW
The disposal of assets has begun https://www.slatteryauctions.com.au/auction-catalogue/2959
  james.au Minister for Railways

Location: Sydney, NSW
Interesting.  Ownership must have been proven of those carriages/wagons and locos etc.

No steam locos on that list though..
  a6et Minister for Railways

Interesting.  Ownership must have been proven of those carriages/wagons and locos etc.

No steam locos on that list though..
james.au
interested in what is happening with Canberra go to slatteryauctions.com.au  
Sale H3406
  apw5910 Chief Commissioner

Location: Location: Location.
Interesting.  Ownership must have been proven of those carriages/wagons and locos etc.

No steam locos on that list though..
interested in what is happening with Canberra go to slatteryauctions.com.au  
Sale H3406
a6et
Hmmm... 3102 (tender) and 3013 (tank) now up for auction. And the original auction link a few posts back now gives "Page not Found."
  Booly Junior Train Controller

Lets just hope the scrap metal dealers don't have a field day at the auction . Whilst we all see it as historical items , they just see it as scrap & therefore dollars .
  HardWorkingMan Chief Commissioner

Location: Echuca
Most scrappies are $ smart these days.  If they can sell something on for more than it's scrap value they will as it's more money in their pocket so more to support their families with. If they do get it be prepared to step in to buy it from them quickly as if it sits around for several years it will be turned into scrap so they get their cash back.
  Mufreight Train Controller

Location: North Ipswich
Most scrappies are $ smart these days.  If they can sell something on for more than it's scrap value they will as it's more money in their pocket so more to support their families with. If they do get it be prepared to step in to buy it from them quickly as if it sits around for several years it will be turned into scrap so they get their cash back.
HardWorkingMan
Now is the time for the enthusiasts in the preservation movement to dip into their pockets and come up with some meaningful donations to the ARHS or other groups to allow the purchase of some of this material and ensure its preservation.

It is unfortunate that the plight of the Canberra ARHS was not known earlier and the bucket passed around to bail them out, I'm on a pension but point me in the right direction and I can scrape up $100 towards a rescue effort and I am sure that there are many like myself who would like to help and hopefully save some of what we all thought was safe in the hands of the ARHS.
  a6et Minister for Railways

Interesting.  Ownership must have been proven of those carriages/wagons and locos etc.

No steam locos on that list though..
interested in what is happening with Canberra go to slatteryauctions.com.au  
Sale H3406
Hmmm... 3102 (tender) and 3013 (tank) now up for auction. And the original auction link a few posts back now gives "Page not Found."
apw5910
I have noticed that the tender from 3102 is now not shown on the sale list.

There are some items there that I find strange to be auctioned off especially if any of those items are of value to other preservation groups, some of the carriages look to be in working order, likewise some of the part, especially some of the garratt items would be handy to held on to as well, such as the spreader plates, which look in ok condition, but that would depend on the future of 6029 I guess as to whether it will be kept as an operating locomotive.

The future of the two 30's I would hope can be salvaged, but overall it depends on how much money is needed to cover the costs that are needed that is owed to creditors.

Still its sad to see some items that look to be in good order sold off if they are to be cut up.
  DD-19 Chief Train Controller

Now is the time for the enthusiasts in the preservation movement to dip into their pockets and come up with some meaningful donations to the ARHS or other groups to allow the purchase of some of this material and ensure its preservation.
Mufreight
How cashed up is 3801 Ltd?.
  Just The Tip Junior Train Controller

Location: Danger zone
Now is the time for the enthusiasts in the preservation movement to dip into their pockets and come up with some meaningful donations to the ARHS or other groups to allow the purchase of some of this material and ensure its preservation.
How cashed up is 3801 Ltd?.
DD-19
No
  HardWorkingMan Chief Commissioner

Location: Echuca
Each group needs to keep a focus on it's main game or it risks suffering the same fate as Canberra, Korumburra, Rutherglen/Wagunyah and many others over the years.

While as railfans we would like to see it all preserved the unfortunate reality is there isn't the cash and other resources to do it.  The best we can manage is the stuff that makes money for it's upkeep and a representative sample of the rest.
  apw5910 Chief Commissioner

Location: Location: Location.
"Canberra Railway Museum thrown 11th-hour lifeline that may prevent carriage sell-off"

http://www.abc.net.au/news/2017-07-26/canberra-railway-museum-thrown-financial-lifeline/8744834

Maybe some hope after all?
  Fred Scuttle Junior Train Controller

Location: Point Clare, NSW
"Canberra Railway Museum thrown 11th-hour lifeline that may prevent carriage sell-off"

http://www.abc.net.au/news/2017-07-26/canberra-railway-museum-thrown-financial-lifeline/8744834

Maybe some hope after all?
apw5910
I've just had a look at Slattery's website - it shows the auction as still on for Wednesday 2 August (admittedly, it may be simply a matter of the website not being updated). Perhaps the liquidators are still weighing up this new offer.
  ivahri Train Controller

I see a number of 60 class related items are listed as "Withdrawn".
  LowndesJ515 #TeamRog

Location: Not in Victoria
I see a number of 60 class related items are listed as "Withdrawn".
ivahri
All 60 Class items been removed to stay with 6029 with that loco's future being decided after the auction tomorrow.
  apw5910 Chief Commissioner

Location: Location: Location.
Offer to save collection rejected. Why?

http://capitalholdings.com.au/offer-rejected-liquidator-act-rail-heritage-assets/
  nswtrains Chief Commissioner

Offer to save collection rejected. Why?

http://capitalholdings.com.au/offer-rejected-liquidator-act-rail-heritage-assets/
apw5910
The offer by Capital may not have included the liquidators fees which would have come out of the proceeds of the auction. Generally, once the liquidators are in it is too late as they are obliged to follow the procedures set out in the Corporations Act or whatever they call it these days.

The museum should take some of the blame as they should have admitted their financial difficulties much earlier when there was time for fund raising or the exhibits protected in some other way.

What price would a stainless steel passenger go for? And even if someone had the funds what do you do with them? The cost of freight would be far in excess of price of the item. Yes they could be cut up on the spot for scrap as it is easier to cart away.
  David Peters Dr Beeching

Location: "With Hey Boy".
The stainless steel cars might get bought by one of the big players in the railway game though, relay cars anyone!
  ssaunders Train Controller

It would have been possible to keep Espee and the ARHS (Canberra) separate. The ARHS (Canberra) could have invested money and held all the shares but that would have been the limit of its liability. That structure would have protected the ARHS C from Espee's failure.
They should have asked Mr Trump, he knows all about these structures.
neillfarmer
I'm not sure it was Espee which failed, it had no heavy capital costs and apart from 1 full time staff member it seemed to be casual. From reading all there is to read the heavy wages bill on the heritage side finally caught up.
  steven_h Train Controller

Location: Melbourne, Australia
Today's the big day! I wish everyone the best on the outcome, although, as known to anyone whose been through a liquidation, the only real winner are the liquidators.

At least those with funds have the chance to secure history. I do note that our Scottish Neighbour hasn't been mentioned on any channel. I wonder what he thinks of the whole situation.

For anyone on the ground in Canberra, if possible, we'd all love to hear how the day pans out.

Update: If you register, you can view the auction (and even bid!) online:
http://console.slatteryauctions.com.au/console/public_console.php?aid=2991
  YM-Mundrabilla Minister for Railways

Location: Mundrabilla but I'd rather be in Narvik
Today's the big day! I wish everyone the best on the outcome, although, as known to anyone whose been through a liquidation, the only real winner are the liquidators.

At least those with funds have the chance to secure history. I do note that our Scottish Neighbour hasn't been mentioned on any channel. I wonder what he thinks of the whole situation.

For anyone on the ground in Canberra, if possible, we'd all love to hear how the day pans out.

Update: If you register, you can view the auction (and even bid!) online:
http://console.slatteryauctions.com.au/console/public_console.php?aid=2991
steven_h
Who or what is the 'Scottish Neighbour'?
  steven_h Train Controller

Location: Melbourne, Australia
Today's the big day! I wish everyone the best on the outcome, although, as known to anyone whose been through a liquidation, the only real winner are the liquidators.

At least those with funds have the chance to secure history. I do note that our Scottish Neighbour hasn't been mentioned on any channel. I wonder what he thinks of the whole situation.

For anyone on the ground in Canberra, if possible, we'd all love to hear how the day pans out.

Update: If you register, you can view the auction (and even bid!) online:
http://console.slatteryauctions.com.au/console/public_console.php?aid=2991
Who or what is the 'Scottish Neighbour'?
YM-Mundrabilla

Boyd Munroe, had a few ex-Victorian passenger cars, two 49s and 3112?
Often had ARHSACT hook and pull for him.

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