HC Deb 20 March 1917 vol 91 cc1727-8
39. Major HUNT

asked the President of the Board of Trade if, with reference to the lately-advertised sale of the alien enemy-owned shares in the Sinai Mining Company, he can state whether, in view of the fact that the management remains unchanged, any and what precautions were taken to prevent the shares being eventually re-acquired by the alien enemy interests; and can he give the names of the buyers of the shares?


The purchaser of the enemy-owned shares in the Sinai Mining Company, Limited, was required to be a natural-born British subject, and to make a statutory declaration that he was not purchasing the shares for or on account of any enemy or foreigner or foreign corporation or corporation under foreign control. The shares held by enemies did not give control of the company. The purchaser was Mr. James Campbell.

Major HUNT

What precaution is being taken to see that these shares are not reacquired by alien enemies?


There is a Bill for that purpose now before the House.

Forward to