British Motor Syndicate
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Not to be confused with the British Automobile Commercial Syndicate Limited of Charles Chetwynd-Talbot, 20th Earl of Shrewsbury.
The British Motor Syndicate Limited (BMS) was a company formed in November 1895[2] by company promoter and entrepreneur Harry John Lawson. Lawson's aim was to use BMS to raise funds from the public to establish a business with a monopoly on petrol-driven cars by acquiring as many patents as possible related to such vehicles[3] from Gottlieb Daimler, his business associates, and other sources.[4][5]
Quick Facts Company type, Industry ...
Company type | Public Listed Company |
---|---|
Industry | Automotive |
Founded | July 1895 (1895-07) in London, England[1] |
Founders | |
Headquarters | 59, Holborn Viaduct, E.C., London , England |
Services | Farming of patent rights |
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It was never the company's intention to produce motor cars, but rather to exploit the patents it had purchased by charging substantial royalties to automobile manufacturers for the right to manufacture cars using those patents.[6]