The Archive · 1925

Government and British

DYESTUFFS — Corporation

London, Nov. 18.

Subject to the shareholders agreeing to a scheme of reconstruction of the concern, the British Government's interest in the British Dyestuffs Corporation will shortly lapse The Corporation was formed during the late war to manufacture dyestuffs which were to replace the lost German The British] Government subscribed £1,700,000} and exercised a degree of control.

'The notice issued to-day convening a general meeting states that the original restrictions seriously' militate agai the successful con-duet of the affairs of the Corporation and that the Government has offered to sacrifice its holding of shares for £600,000 and withdraw the restrictions, with the exception of the stipulations securing that the. Corporation shall remain. predominantly British and that it shall keep in touch with the Government as regards technical information and

Text read from the printed page and cleaned; old type leaves the occasional error.

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