Motor Manufacturing Company

In 1904 Lawson and business partner E. T. Hooley were indicted for "an ingenious system of fraud carried out over a long period".

[2] The following report appeared on page 30 of The Automotor Journal of 7 January 1905: "Motor Manufacturing Company Limited In Liquidation Under the compulsory winding up order made last October against this company Mr H M Winearls (Assistant Receiver) has now issued his report to the creditors and shareholders.

The statement of affairs shows total liabilities £41,125 and assets valued at sufficient to yield a surplus of £20,775 after payment of the debt.

A dividend of 5 per cent was paid out of the first year's profits but during the following year the company was in need of working capital and issued debentures with the result that in June last Mr Frank E Beadle was appointed receiver and manager on behalf of the debenture holders.

Shortly afterwards The Daimler Company reported that they had acquired at Coventry MMC's adjoining lease together with its plant and machinery.