HC Deb 12 December 1922 vol 159 cc2606-7W

asked the Chancellor of the Exchequer who were the joint purchasers of the Atidruicq and other depots in France from the Disposal Board; how much of the purchase price has been paid; how much now remains due; and were financial guarantees secured for the whole purchase price?


The purchasers of Audruicq and three other depots in France were Messrs. Aldridge and Hughes. Including a deposit of £100,000, the net cash receipts up to the 2nd instant were £389,778 13s. 2d. Under a revised Agreement made with the contractors in September last, the ownership of these depots, and the goods in them, remains with the Disposal Board, and sales are being carried out under the supervision of the Board, which receives the proceeds and pays the expenses. The estimated amount still to be received is approximately £500,000.