§ Mr. MARKHAMasked the President of the Board of Trade whether he was aware that the Law Car and General Insurance Company, on 26th February, 1910, issued a public prospectus in which the statement was made that one of the objects of the company in raising additional capital was for the purpose of carrying on assurance business and finding the deposit of £20,000 required under the Assurance Act; and whether, seeing that the company obtained money from the public for this purpose and have nevertheless made no deposit, he will say if he proposes, under the Companies Act, to order an inquiry into the affairs of this company?
Mr. BUXTONI have referred to the file at Somerset House of the company named in the question, and the facts appear to be as there stated. I am in communication with the company on the subject, and will inform my hon. Friend of the result.