JOINT OWNERSHIP
(Received March 17, 9 a.m.)
•■ LONDON, March 16. Ihe new company formed to acquire the Bay liners and the Fordsdale is called the Aberdeen Commonwealth Line, Limited. The capital is £500,000. Ihe Peninsular and Orient Lines jointly provide half and the Shaw, Savill, and Albion Line the other" half. There wiy be no public issue of shares and no alteration in the management. Shipping circles consider that the Commonwealth made a good deal, as it "will receive half a million sterling in London the equivalent of £020,000 in Australia.
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Bibliographic details
Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
Word Count
91JOINT OWNERSHIP Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
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