§ 39. Sir C. Osborneasked the President of the Board of Trade if he is aware that the Crown Cork Company, a subsidiary of a United States firm, is refusing to pay a dividend for the second year to its English shareholders who own about 1,500,000 ordinary shares, or 30 per cent. of the equity, although over 43 per cent. has again been earned on these ordinary shares; as the business is being conducted in a manner oppressive of its members, if he will investigate the affairs of the company under section 165 of the Companies Act; and if he will make a statement.
§ Mr. DarlingOn present information there do not appear to be grounds for the appointment of an inspector under Section 165 of the Companies Act, 1948, to investigate the affairs of the company.