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Feb. 02, 1971 - Rolls Royce call in Receiver: Rolls Royce, one of Britain's most famous industrial names, has asked for a Receiver to be appointed. The company has run into a serious each crisis due to widely escalating costs. This means that the company is effectively broke. A statement by the Rolls Royce board said: The programme of the R.B. 211 engine for the Lockhead Trijet 80 aircraft due in service in November of this year has met with even greater problems than were foreseen in November last. Photo shows (Picture from Stock) Sir Bernard Waley - Cohen who was Lord Mayor of London 1961 is seen riding in a 1905 Rolls Royce during the opening of a multi-storey car park

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13275651

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47046175

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5524px x 4415px (1.5MB)

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Editorial Use Only - No Property or Model Releases. For any non-editorial use, please contact Mary Evans direct

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Keystone Pictures USA

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Appointed Asked Broke Costs Effectively Escalating Foreseen Lockhead Means Multi-storey Names Problems Receiver Statement Trijet Waley Widely

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