CO129-415 - Governor Sir May - 1914 [12] — Page 279

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275

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zaitos „JBİZð & nonnisi „szczali „ezodsezib enenido ovd sit

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eat bus (87ałoezib add yd ynsquot eit revo Iotnos lo moitqEUBOT

.beitjeemu Lii‡e et zatiam

-ni əldərəbisnos to eaɔttaeup owt Beelst eesɔ akit

nails" miet ait wofed anoitesup seedt gateevoció el

Kɔ BAŻYTTAS to tablɛer adocter asila yatasen as beeu ɛi "ymeno

asila sit at beeu ɛl met edî •VIJAUSS T:10 me as mi esenlerd

erelt guted enneɛ Jaeretiid a ni esnanibrň (~o gatbal) nsimară

of eidsti ei y‡lugidma niɗt ."toeldun ymere" of trešavlupe

Istigizo eốt .teatsge babtang cao!nu aɔteulaos amor eEURO

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DOROTEOD YNagnos a zed‡adv ei beɛist dolineup ex?

.Tide deitită a lo zeawo edź sć nas ametis 10 yfeyza! zo glłody

ai beɛɛezṛye al Josantovɔð eidt æð avlat szolodered woŻY KẾT

-crerbbs Tedmetre? Adtki adó lo vettel e'yesterged. Isinafod eit

yřizodtus wit to #time al „wndłoń de Iue.oð e1K‚a‚¤ ot be

eno nego na sa bedaard,zevovod,aaw asttraup eit betio erest

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10 Tereréveil Récit ved edt at batzorer "Dasataitol ødt bra

¤motioilol it at bas „918 .4 VEI „Lov,zeďotað d‡at ed?

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Etulog ow? .89 .4 eð „lov (zedażeð tal☎ eft to famtuol

Cervo saodt of braşez itiw to sdgie tea! od toa bionde „zovewod

as driw ceimene netis erov ezeld ezebloderade eit Jant (a)

verso drvad eriti s Day sees wild Jatt (d) bus ‚eltsimb prene

The question of the position of alien enemy share-

holders and of the status of British limited companies in

The

which they hold shares, is a difficult one on which opposing

views are held. Compare, for instance, the note in the Soli-

citors Journal of the 24th October, vol. 59, p.3, with that in

the Law Tines of the 24th October, vol. 157, p. 559.

matter is also discussed in Phillipson's Effect of war on con-

tracts and Bentwich's Tar and Private Property. It seems

however to the Government, as at present advised, that whatever

may be desirable from the point of view of policy, and with the

possible exception of Prise Court proceedings, the national

status of a limited company under the existing law depends upont

the place of its incorporation. This question, however, does

not arise in the present case as Hr. Bune is not an alien

enemy but only an enemy subject.

The wider question of the whole relationship of alian

shareholders to British Companies is of course one which is

acutely realised in the Far East in a way in which it obviously

cannot be felt in England. As you are aware, legislation

dealing with part of the problem was under discussion at the

outbreak of war, though the matter has been unavoidably de-

layed owing to the pressure of other business, and as in that

case legislation is clearly necessary, so it also appears to

this Government that the ownership of British ships by com-

panies composed of aliens can be prevented only by legislative

enactment.

The other question raised, in view of alleged deal-

ings with Mesars. Jebsen & Co., is that of the status of

branches/