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S&D Railway Trust

Discussion in 'Heritage Railways & Centres in the UK' started by Andy Norman, Feb 24, 2020.

  1. Nantyglo

    Nantyglo New Member

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  2. free2grice

    free2grice Part of the furniture Friend

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    That really does sound good. The engine is always popular wherever it goes. Such a pity that the WSR didn't appreciate what a fine machine they had in their possession. <BJ>
     
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  3. Matt37401

    Matt37401 Nat Pres stalwart

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    What’s the saying about not knowing what you’ve got until it’s gone?
     
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  4. ghost

    ghost Part of the furniture

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    Well unless the WSR have paid 'value +' for the shed and track, then the S&D Trust will have lost out.
     
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  5. martin1656

    martin1656 Nat Pres stalwart Friend

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    But at the end of the day, its money in the bank, as oppossed to a promise of money, that might have never materialised, what counts is that the S&D trust can now plan on with getting the engine overhauled,
     
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  6. Paul Grant

    Paul Grant Well-Known Member

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    I think plenty in the WSR were very aware based on postings here. It's just they threw out the baby with the bath water.
     
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  7. Miff

    Miff Part of the furniture Friend

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    Your suggestion’s highly speculative however if ever the WSR plc and the S&D Trust reached a financial settlement, releasing the plc from their obligations towards the overhaul, the exact terms might well be confidential.

    However, given the well known history, I expect the Trust’d make some sort of statement confirming the matter was resolved since the intent to negotiate a solution’s been mentioned in at least their last two annual reports to the Charity Commission.

    By selling the shed and track in situ., the S&D Trust’ve also saved themselves the cost of removing it.
     
    Last edited: Nov 18, 2023
  8. The Green Howards

    The Green Howards Nat Pres stalwart

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    Good to see a professionally-produced video - and what a fine locomotive too.
     
  9. Snifter

    Snifter Well-Known Member

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    The rank and file did. She was the "shed pet" and was given all sorts of tweaks and upgrades such as a dropping grate. When another example spent time on the line, they were like night and day in terms of performance.

    The loss is all down to a single factor, narcissism.
     
  10. Nantyglo

    Nantyglo New Member

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    At face value, this looks like excellent news. If a pragmatic negotiated settlement has indeed been achieved this is obviously preferable to a prolonged and costly legal battle with an uncertain outcome. However, we’re talking about the dysfunctional WSR “family” here, and given the well known history, whatever agreement is signed and sealed the Trust may be wise to assume that nothing is agreed until the money actually appears in their bank account.

    AIUI, in matters such as this the Trust’s directors have a duty to their members to demonstrate that the best possible financial outcome has been achieved. This may be difficult if the two separate matters (the overhaul of 53808 and the sale of the shed and trackwork at Washford) have been conflated, and the exact terms are confidential. Some reassurance may therefore be required, although the figures will no doubt be shown in the accounts in due course.
     
  11. Miff

    Miff Part of the furniture Friend

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    I don’t disagree with your comments but just to be clear neither I, since you’re quoting me, nor the Trust’ve said anything to suggest these two things’ve been conflated.
     
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  12. Nantyglo

    Nantyglo New Member

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    I apologise if I gave that impression. It was not my intention.
     
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  13. Miff

    Miff Part of the furniture Friend

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    No apology necessary :) - best wishes and thanks for posting that brilliant video.
     
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  14. jma1009

    jma1009 Well-Known Member

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    I very much agree with this.

    53808 and Washford are 2 distinct issues covered by 2 entirely separate legal agreements.
     
  15. brennan

    brennan Member

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    So, to clarify; who's paying?
     
  16. Miff

    Miff Part of the furniture Friend

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    They haven’t said. Clarity may have to wait until they do.
     
  17. Matt37401

    Matt37401 Nat Pres stalwart

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    I think I’ve mentioned this before but I’ve found 88 to be a bloody reliable piece of kit :)
    How many of us can say we’ve had a 7F as part of our journey home and it’s been a bit more reliable than a Pendolino or an Electrostar? :)
     
  18. Duty Druid

    Duty Druid Resident of Nat Pres

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  19. 21B

    21B Part of the furniture

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    Unnecessary and unfair to SDRT trustees. Having had the pleasure of talking recently with the Chairman, I am absolutely certain he understands very well that these are separate matters. I would suggest that everyone is just a little patient for a few weeks and all will become quite plain. I think the SDRT are poised to be able to move forward in a very positive way.
     
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  20. Robin Moira White

    Robin Moira White Resident of Nat Pres

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    Strangely enough, I spend some time helping folk get pronouns correct these days on other grounds. Not 'they'. 'He'.
     
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