CAB23-58 — Page 157

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Page 157

155

(a) The Bill is so limited as to

secure the Company no general shipping (or air) powers as contemplated by them at one stage:

(b)

(c)

The legal expenditure of the Company be subject to the prior consent of the Secretary of State for Scotland, so as to prevent extravagance in selection or payment of Counsel, etc;

and

The expenditure under the proposal be a first charge on profits over 5 per cent.

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Page 157

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