HC Deb 14 December 1916 vol 88 c908W
Mr. W. THORNE

asked the President of the Board of Trade, whether he can state how it was at the recent sale of Conrad Wm. Schmidt something like £140,000 or £150,000 of good assets were knocked down for £60,000; what is the occupation of the buyer, where are his works, if any, situated; whether the secretary recently changed his name from Herman Joseph Anton Hillebrecht to Henry J. Hills; and whether it is proposed to continue the employment of this gentleman under the new arrangement?

Mr. ROBERTS

The sale by the Public Trustee of the shares in Conrad W. Schmidt, Limited, was by public auction, and realised substantially more than the reserve which he was advised to place on the shares. The principal purchasers of the shares are Messrs. Honey will Brothers, merchants, and Messrs. C. W. Waters, Limited, varnish and polish manufacturers, whose works are situated at 72, Great Eastern Street. The secretary of the company has changed his name as stated in the hon. Gentleman's question. It will be for the purchasers of the shares to decide whether to continue his employment.