HC Deb 17 March 1926 vol 193 cc427-8
66. Major KINDERSLEY

asked the Secretary of State for Scotland the total capital of the Second Scottish National Housing Company (Housing Trust), Limited, by whom the capital is subscribed, the names of the directors, the number of qualifying shares held by the directors, the remuneration of the directors, and whether he will lay upon the Table or place in the Library of the House a copy of the memorandum and articles of the company?

The SECRETARY of STATE for SCOTLAND (Sir John Gilmour)

The total capital of the Second Scottish National Housing Company (Housing Trust), Limited, is £100,000. The capital is subscribed by the Scottish Board of Health. The business of the company is managed by an Executive Committee whose names are:

Sir John R. Findlay, Bart., K.B.E., LL.D., D.L., Edinburgh;

Sir Henry Ballantyne, D.L., Haddington;

Thomas Goodall Nasmyth, M.D., D.Sc., D.P.H., Edinburgh;

James Norval, Dunfermline;

David Ronald, M.Inst.C.E., F.R.S.E., Edinburgh;

Sir Daniel M. Stevenson, Bart., LL.D., D.E., Glasgow, and

John Alexander Inglis, King's and Lord Treasurer's Remembrancer, Edinburgh.

Each member of the Executive Committee holds one share. No remuneration is paid to the members of the Executive Committee. I shall be pleased to arrange for a copy of the Memorandum and Articles of Association to be placed in the Library of the House.

Mr. HARDIE

Arc the land, and the houses built on it with the Government's money, shown as the property of the company or the property of the Government?

Sir J. GILMOUR

The company will be responsible for the purchase of the land and the management of it.

Mr. HARDIE

Who will be the owners? I know who is purchasing, but who will be the owners? Will it be the Government or the company?

Sir J. GILMOUR

The company will be the owners.

Mr. HARDIE

Is it a fact that the Government are handing over money in order to make a private company proprietors of Government land and of houses built with Government money? I want an answer.

Sir J.GILMOUR

the hon. Member knows, the Government are responsible for carrying out this housing scheme?

Mr. HARDIE

Who will be the owners when the scheme is carried out? The Government have paid the money. Who will be the owners? I press for an answer.

Mr. SPEAKER

An answer has already been given to the hon. Member.

Mr. HARDIE

I want to know, is this a present given by the Government to this company of the land and the houses that are being built?

Mr. SPEAKER

That question has been put and has been answered.