UNDER BRITISH CONTROL
MARINE COMMUNICATIONS COMPANY (British Official Wireless.) Press Association—By Telegraph—Copyright. RUGBY, December 14. An extraordinary general meeting in London of the Marconi international Marine Communications Company made alterations in its articles of association, providing that at no time should more than 25 per cent, of the issued shares of the company be in the hands or under the control of persons not of British nationality. The amended articles also provide that no person other than a British subject should be qualified to hold office as a director of the company, provided always that this prohibition should not apply to the present directors. Senator Marconi, who presided, said that it would be unfortunate _if the impression got abroad that their company was not now and had not always been under British control. Mr Kelleway, tho managing director, said that the board had not been inspired by any academic opposition to tho employment of foreign capital. They would always bo glad to see foreigners interesting themselves in the fortunes of tho company.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/ESD19281217.2.17.22
Bibliographic details
Ngā taipitopito pukapuka
Evening Star, Issue 20051, 17 December 1928, Page 5
Word count
Tapeke kupu
172UNDER BRITISH CONTROL Evening Star, Issue 20051, 17 December 1928, Page 5
Using this item
Te whakamahi i tēnei tūemi
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.