Persons entitled
- Schroder Executor & Trustee Company Limited as Trustees for the Debenture Stockholders
Amount secured
£2,000,000 (see col. (3))
Short particulars
First floating charge by way of security for the guarantee of the debenture stock mentioned in col. (3) on the undertaking of the company and all its property and assets both present and future wheresoever situate (including any uncalled capital).
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge