HC Deb 05 April 1932 vol 264 cc23-4W
Mr. N. MACLEAN

asked the Secretary of State for Scotland the number of houses in Rosyth, erected by the Scottish National Housing Company, that are empty; what was the original capital of the company; for how many years have the Government to guarantee a dividend of 5 per cent. to the shareholders; and the names of the directors?

Sir A. SINCLAIR

No houses erected by the Scottish National Housing Company at Rosyth were empty at 29th March. The original capital of the company was £106,881 5s. 0d. made up of 171,010 shares of £1 each on which 12s. 6d. per share was called up. The Government guarantee of a dividend of 5 per cent. to the shareholders endures during the continuance of the agreement between the Department of Health for Scotland and the company. This agreement expires when the company have repaid all the moneys advanced to them by the Department, that is, at the end of 60 years. As regards the last part of the question, the names of the Directors of the Company are:—

  • James Norval, Esq., J.P.
  • T. G. Nasmyth, Esq.
  • Sir J. Edmund R. Findlay, Bart.
  • Provost Gorrie, Dunfermline.
  • Rear-Admiral the Hon. W. S. Leveson Gower.
  • John A. Inglis, Esq.
  • David Ronald, Esq.
  • Sir Daniel M. Stevenson, Bart.
  • Sir William E. Whyte.
  • Ex-Provost Wilson, Dunfermline.

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