HC Deb 16 June 1913 vol 54 cc42-3

asked the Chief Secretary for Ireland whether he is aware that the Irish Industrial Mineral Company, whose head office was at Capel House, 62, New Broad Street, London, and works at Westport and Achill Island, county Mayo, went into liquidation; what has become of the :40,000 capital of the company; is he aware that the managing director of the company was an undischarged bankrupt since 1908; did he disclose this fact to the board when they were paying him for his interest in the mineral rights of the Achill Mission estate, county Mayo, and engaging him as managing director of the company; and, if not, was he in duty bound to do so; did the company get any Grant and, if so, how much, from the Congested Districts Board; could he say who endorsed the cheque and how much of it, if any, found its way to the chief office of the company; has the liquidator given an option to purchase for a small amount the whole assets of the company to the late managing director, knowing him to be an undischarged bankrupt; and what position did the liquidator occupy in the Irish Industrial Mineral Company?


I have no knowledge of the affairs of this company. The hon. Member should address his inquiries as to the liquidation proceedings to my right hon. Friend the President of the Board of Trade. The Congested Districts Board had no dealings with the company or its managing director beyond giving :150 in respect of the improvement of Keel Harbour on which the company had spent about :1,000. The :150 was duly acknowledged, but the Board cannot say what was done with it afterwards.