§ 62. Mr. SHEEHANasked the President of the Board of Trade how often and upon what occasions it was attempted to float the Central Railway Company of Canada upon the British market; whether in a prospectus issued in April, 1914, Sir Thomas H. C. Troubridge, Baronet, Mr. Thomas Carmichael, and Mr. A. L. Cohen were stated to be the London committee, and that the London office was at 363, Winchester House, London, E.C.; whether the promoters of this company complied with the requirements of Section 274 of the Companies (Consolidation) Act, 1908, relating to companies which have a place of business in this country; whether the £2,600,000 capital was subscribed; if not, how much o£ it; and what is the present position of this company in relation to its British shareholders?
Mr. ROBERTSONThe only prospectuses offering securities of the Central Railway Company of Canada for subscription in this country of which the Board of Trade are aware were issued in July, 1913, and in April, 1914. The prospectus issued in April, 1914, contained the statements set out in the hon. Member's question. No documents relating to the company have been filed with the Registrar of Joint Stock Companies under the provisions of Section 274 of the Companies (Consolidation) Act, 1908, but I am considering whether the company is one to which the provisions of the Section apply. The Board of Trade have no information as to the amount of the securities of the company which has been subscribed.