, c. 1930. On 17 April 1930 a petition calling for the company to be wound up compulsorily was presented in the High Court (Chancery Division) by the
Midland Bank. At a hearing held on 8 May 1930 this petition was withdrawn on settlement of an £8,000 guarantee. However, the sale of the works to George Cohen, Sons & Co Ltd was announced in August 1930; a skeleton staff was employed to complete contracts in progress. Another winding-up petition was presented on 10 September 1930 and an order was made on 14 October. At the creditors' meeting held on 14 November Herbert Langham Reed, the company's chairman and managing director, attributed the failure of the company to the locking up of capital in the Peninsular Locomotive Company, registered in India 1921 to build locomotives (Kerr, Stuart held 80% of the capital and loaned £78,000), the [April] winding-up petition, which had resulted in a loss of confidence in the company, and 'to liabilities incurred by the company in supporting other companies'. Company funds had, apparently, been used to finance a company called Evos Sliding Doorways. This company's failure had triggered the
Midland Bank petition. In
LTC Rolt's autobiography
"The Landscape Trilogy" it is also alleged that the company secretary was discovered to have committed suicide in Kerr, Stuart's London offices, and a large quantity of papers was found to have been burnt in the fireplace. The firm's goodwill (designs, spare parts, etc.) was bought by the
Hunslet Engine Company. Some locomotives were built by
W. G. Bagnall to Kerr, Stuart designs, a result of the chief Kerr, Stuart draughtsman, F. H. B. Harris, and a number of other Kerr, Stuart staff being employed by Bagnall's. These locomotives include examples of the
Haig and
Matary classes. The last steam locomotive built in Britain for industrial use was a Hunslet-built
Brazil class engine in 1971. This locomotive is now running on the private
Statfold Barn Railway. The
Corris Railway commissioned a new locomotive based on the "Tattoo" design of its original No.4 (KS 4047 of 1921) and this was privately built over a ten-year period and went into service in 2005 as No.7. ==In popular culture==