January 23, 1905
An important step in the history of the Liverpool Football Club was taken yesterday. At the Lancashire Court of Chancery, St. George’s Hall, before Vice-Chancellor Hall, an application was made by the executors and trustees of the late Alderman John Houlding to sanction an arrangement entered into between them and the Liverpool Football Club, whereby the executors surrendered all their interest in the football club, and released the club from all liabilities to the estate, upon the club taking over a bank guarantee created in the life time of the later Alderman Houlding.
The sanction applied for was granted.
It is understood that the adjustment with which yesterdays application was concerned will now enable the directors of the the club to publish the scheme they have prepared for throwing the shares open to the public.
(Sheffield Daily Telegraph: January 24, 1905)
Alderman John Houlding.
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An application was made at the Lancashire Court of Chancery at Liverpool yesterday, by the executors of the late Alderman John Houlding for sanction to an arrangement entered into between them and the Liverpool Club, whereby the executors surrendered all their interest in the club. The sanction was granted. The shares will now be thrown open to the public.
(Manchester Courier: January 24, 1905)
Application form for shares in the Liverpool F.C.
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