Percy Martin

board made the purchase presuming Martin had carried out a due diligence investigation which he hadn't.

Though they were closed immediately the losses were so grievous that B.S.A., one of the nation's major industrial combines, was obliged to miss paying a dividend for four years.

[5] At the beginning of the 1930s there were boardroom disagreements, a new chairman and, only technically subject to his direction, new executives covering much of his area of responsibility.

[8] Percy Martin was particularly involved in two successful technical developments, the development and introduction in 1908 of sleeve valves for Daimler's engines and, in 1930, their fluid flywheel fitted to all their vehicles in conjunction with Wilsons epicyclic gearboxes and a forerunner of automatic transmissions.

[1] After retirement Martin remained in England living at Kenilworth near Coventry where he died in November 1958 a few months after his wife.