HC Deb 01 August 1918 vol 109 cc652-3W
Mr. PENNEFATHER

asked the President of the Board of Trade whether the products of the concern at Bergen, in which Holzapfels, Limited, hold shares, are in any way available for the use of enemy warships or other vessels owned by or trading with the enemy?

Mr. WARDLE

I am informed that shortly after the outbreak of war the company obtained an undertaking from the company at Bergen that supplies sent from England would not be used to supply enemy countries, cither directly or indirectly. There is no knowledge of any supplies being made to enemy warships or other vessels owned by or trading with the enemy by the Norwegian company.

Mr. PENNEFATHER

asked the President of the Board of Trade if there will be any impediment to the retransfer to Mr. A. C. A. Holzapfel, or his nominess, after the War of the shares recently transferred by him to his children and son-in-law without valuable consideration?

Mr. WARDLE

I am informed that a written undertaking has been given to the company by the transferees that the shares transferred to them will not be retransferred to him either during or after the conclusion of the War.

Mr. PENNEFATHER

asked the President of the Board of Trade whether the proceeds of the 89,856 shares formerly held by Mr. Max Holzapfel have been invested in National War Bonds in his own name; and, if not, in what names the investment has been made and for whose account, where these bonds now are, who is their custodian, and under what authority they are acting?

Mr. WARDLE

I am informed that Bonds for £800 are registered in the name of Max Holzapfel; that Bonds for £19,600 are registered in the joint names of the British Bank of Northern Commerce and Max Holzapfel, and are in the custody of the bank, and that the remainder of the Bonds are in the custody of Messrs. Criddle and Ord, of Newcastle. I am sending my hon. Friend a list of the persons in whose names they are registered.