6029 for sale! ( Now sold )

 
  nswtrains Chief Commissioner

And a good rebuttal from our anonymous friends:
https://arhsliquidation.wordpress.com/2017/10/09/what-is-going-on/

A clear and concise response from an actual figure of authority would be welcome.
steven_h
I made some comments about the liquidation in the ARHS Act thread. Briefly I am not sure what is going on since the liquidators duties are to gather up the assets of a company (if any), sell them off, and distribute the proceeds of the sale to the creditors, less preferential creditors and the liquidators fees.

If major assets are left over I question whether a liquidation was the correct path taken as the end result of a liquidation is usually the winding up of a company by its de-registration. I understand an administrator was appointed and he appears to be the entity dealing with 6029 and other assets. He also appears to be setting up a new structure to manage the assets of the ACT ARHS Museum.

I do not want to end up sued by the former directors, however, to my mind only group has come up winners in this debacle and it is up to you to guess who that might be.

Where meetings held with members prior to the administrator/liquidator being called in?

I am extremely busy now but I will find the time to examine the liquidators and administrators reports which they are required to prepare and submit to ASIC.

I am actually puzzled to who owns 6029 now, since if the company that owns it has been wound up it is sitting in limbo.

All these comments are made without prejudice.

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  trestle_nutter Train Controller

Location: Yarra Valley
a crowd fund should be set up so Steamrail can go to the auction & get 6029 down here.......imagine it sitting in Broadway, Wycheproof like the A2 did a couple of weeks ago
  Spletsie Chief Commissioner

a crowd fund should be set up so Steamrail can go to the auction & get 6029 down here.......imagine it sitting in Broadway, Wycheproof like the A2 did a couple of weeks ago
trestle_nutter
The main problem with this idea is that the auction is already over.
  trestle_nutter Train Controller

Location: Yarra Valley
a crowd fund should be set up so Steamrail can go to the auction & get 6029 down here.......imagine it sitting in Broadway, Wycheproof like the A2 did a couple of weeks ago
The main problem with this idea is that the auction is already over.
Spletsie
so who owns it now?.......maybe it will now do the interstate trip that was suggested a few years ago
  Dangersdan707 Chief Commissioner

Location: On a Thing with Internet
so who owns it now?.......maybe it will now do the interstate trip that was suggested a few years ago
trestle_nutter
I think it may of failed to sell
  Clyde Goodwin2 Chief Train Controller

so who owns it now?.......maybe it will now do the interstate trip that was suggested a few years ago
I think it may of failed to sell
Dangersdan707
Do you now.
Maybe you could try reading back through threads to find ACTUAL information instead of posting yet another junk post.
  mikesyd Chief Commissioner

Location: Lurking
I suspect that the only one who knows who owns 6029 at present are the Administrators.
  nswtrains Chief Commissioner

I suspect that the only one who knows who owns 6029 at present are the Administrators.
mikesyd
I looked up the liquidators site to see if any reports were available and that is were I worked out that the ACT Museum was an incorporated association and not an actual company. There is nothing to stop them being wound up with the members only losing their membership fees and nothing else. However, I am not sure what the process is for disposal of excess assets is in this type of organisation and can only assume the liquidator/administrator would act according to laws and rules governing such organisation.

It seems Espee was a business name owned by the organisation which is not really a great way of running a reasonably complex business like a working railroad. The dangers of such an arrangement have been amply demonstrated by the debacle that has ensued.

The liquidators/administrators must have some idea who owns 6029 (and the other locos stored at Thirlmere) as they have announced that they are seeking ways of kick starting the museum once again and that 6029 is no longer for sale (and I assume the other locos).

Re-opening as a branch of the RTM would be one avenue worth considering. I often wondered about an ARHS branch running a museum as it seems to be outside the charter of the regular ARHS branches who appear to only maintain and disseminate historical records pertaining to Australian railways.
  BrentonGolding Chief Commissioner

Location: Maldon Junction
I looked up the liquidators site to see if any reports were available and that is were I worked out that the ACT Museum was an incorporated association and not an actual company. There is nothing to stop them being wound up with the members only losing their membership fees and nothing else. However, I am not sure what the process is for disposal of excess assets is in this type of organisation and can only assume the liquidator/administrator would act according to laws and rules governing such organisation.

It seems Espee was a business name owned by the organisation which is not really a great way of running a reasonably complex business like a working railroad. The dangers of such an arrangement have been amply demonstrated by the debacle that has ensued.

The liquidators/administrators must have some idea who owns 6029 (and the other locos stored at Thirlmere) as they have announced that they are seeking ways of kick starting the museum once again and that 6029 is no longer for sale (and I assume the other locos).

Re-opening as a branch of the RTM would be one avenue worth considering. I often wondered about an ARHS branch running a museum as it seems to be outside the charter of the regular ARHS branches who appear to only maintain and disseminate historical records pertaining to Australian railways.
nswtrains
https://www.arhsvic.org.au/museum is the website for the AHRS Victorian Branch museum at Newport so they were not alone.

Having a business name or company owned by an incorporated association is (as the liquidator has pointed out) very silly and does in fact put members at great risk depending how the whole thing is set up.

I was on the committee of a club when all of the Public Liability insurance stuff kicked off a decade or so ago. We had members who were doctors and lawyers who were advised by their solicitors to immediately write a letter of resignation and have nothing to do with the club as members could be held severally and jointly liable in the case of a claim against the club.

BG
  Bogong Chief Commissioner

Location: Essendon Aerodrome circa 1980
Brenton, as nice as the collection of stuff at Williamstown, Victoria is, it doesn't fit any proper definition of the word "museum". The volunteers there do very good work painting rolling stock, mowing grass etc., but they don't have the money to hire a proper, qualified curator.

So there's almost no quality interpretative displays, curation or anything like that. Williamstown is merely an interesting collection of relics and definitely not a museum.
  dthead Site Admin

Location: Melbourne, Australia
Williamstown is a museum,  just not a "modern fancy museum" = with lots of money. They do what they can - I think you are rather wrong on that count in a big way,
Regards,
David Head
  Spletsie Chief Commissioner

I often wondered about an ARHS branch running a museum as it seems to be outside the charter of the regular ARHS branches who appear to only maintain and disseminate historical records pertaining to Australian railways.
nswtrains
Actually, most ARHS branches are or have been involved in museums: ACT, Victoria, Queensland, Western Australia, South Australia.

New South Wales is the notable exception. ARHS in New South Wales decided not to get involved in a museum so the Rail Transport Museum was formed as a separate organisation.
  Showtime Chief Train Controller

As of 10th November, 6029 is now owned by Phil Davis and an associate.
All the info can be found on Facebook
  Carnot Chief Commissioner

As of 10th November, 6029 is now owned by Phil Davis and an associate.
All the info can be found on Facebook
Showtime
Well that is interesting.  Very interesting.
  james.au Chief Commissioner

Location: Sydney, NSW
Any links?
  Dangersdan707 Chief Commissioner

Location: On a Thing with Internet
who is Phil Davis?
  trainbrain Chief Commissioner

who is Phil Davis?
Dangersdan707
I suppose he is Phil Davis...................
  mikesyd Chief Commissioner

Location: Lurking
As of 10th November, 6029 is now owned by Phil Davis and an associate.
All the info can be found on Facebook
Showtime
Given that the info on Facebook appears to be within some closed group, perhaps you would be so kind as to copy and paste it here so that us outsiders can share in this news.
  ThyRiverina Station Master

As of 10th November, 6029 is now owned by Phil Davis and an associate.
All the info can be found on Facebook
Given that the info on Facebook appears to be within some closed group, perhaps you would be so kind as to copy and paste it here so that us outsiders can share in this news.
mikesyd
Join face book, and read for ones self. NSWGR Steam Locomotive Fleet. will get you to the door.
  mikesyd Chief Commissioner

Location: Lurking
As of 10th November, 6029 is now owned by Phil Davis and an associate.
All the info can be found on Facebook
Given that the info on Facebook appears to be within some closed group, perhaps you would be so kind as to copy and paste it here so that us outsiders can share in this news.
Join face book, and read for ones self. NSWGR Steam Locomotive Fleet. will get you to the door.
ThyRiverina
Oh I joined FB years ago at the behest of relatives, but seldom use it.

Then again, having an area to look for it helps, and thanks, but I wont be joining their group (one must knock and then answer questions in order to be admitted to the room to look), the detail will become more public in time.
  mikesyd Chief Commissioner

Location: Lurking
A bit of searching FB for the name Phil Davis turns up this post made at 07:28 on 10 November:



"I wish to inform that myself and a colleague have been successful in purchasing locomotive 6029. We have purchased the locomotive to help insure its long term future and preservation as an operational locomotive. All involved have experience in this field. This is not a loco we expect will be operated often but carefully to help insure the objective of longevity and preservation. We will shortly begin negotiations with a heritage operator to help achieve these goals."


Seems that Phil is employed by SSR.
  Trainplanner Chief Commissioner

Location: Along the Line
I wish them well.   A locomotive so unique in global steam preservation when you actively come to think of it, really needs owners who can develop a management plan to ensure its long term operation.  The fact they have announced they are to partner with a heritage operation is for me an indication that they have an appreciation of the scale of the acquisition they have undertaken.
  ivahri Train Controller

A bit of searching FB for the name Phil Davis turns up this post made at 07:28 on 10 November:



"I wish to inform that myself and a colleague have been successful in purchasing locomotive 6029. We have purchased the locomotive to help insure its long term future and preservation as an operational locomotive. All involved have experience in this field. This is not a loco we expect will be operated often but carefully to help insure the objective of longevity and preservation. We will shortly begin negotiations with a heritage operator to help achieve these goals."


Seems that Phil is employed by SSR.
mikesyd
Great news... now in the hands of people who know what they are doing. So long as they don't decide to use it as collateral to start a rail freight business... just kidding!
  LowndesJ515 #TeamRog

Location: Not in Victoria
Can guarantee there will be no freight company involved. Will come out maybe 4 - 5 times a year if that. Full boiler assessment being done today on the loco.
  BrentonGolding Chief Commissioner

Location: Maldon Junction
Can guarantee there will be no freight company involved. Will come out maybe 4 - 5 times a year if that. Full boiler assessment being done today on the loco.
LowndesJ515
Which in my mind is a much better outcome than it sitting in a "museum" as a static display or being shipped off to Pommy Land.

BG

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