LORD PIRRIE TO RETIRE
New York Times
His Harland & Wolff Interests Sold to Brown & Co., Report Says
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Special Cable to THE NEW YORK TIMES
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LONDON, March 13---It is reported from Belfast on good authority that Lord Pirrie has intimated his intention not only of retiring from the Chairmanship of Harland & Wolff, but of severing his connection with the company.
In connection with this report, The Review of Reviews announces that some time ago Lord Pirrie sold his major interests in the company to John Brown & Co., who own the celebrated Clydebank Shipbuilding Works, and who will enter into full control of the famous Irish shipyard when Lord Pirrie retires from the Chairmanship.
The London Times says it is well known that John Brown & Co have been interested in Harland & Wolff for years.
“A working agreement existed between the two companies,” it says, “but our Belfast correspondent, who made inquiries among some of the leading members of the great shipbuilding firms in Belfast, was unable to get any confirmation of the statement that John Brown & Co. would ultimately enter into complete control.”
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Special Cable to THE NEW YORK TIMES
---
LONDON, March 13---It is reported from Belfast on good authority that Lord Pirrie has intimated his intention not only of retiring from the Chairmanship of Harland & Wolff, but of severing his connection with the company.
In connection with this report, The Review of Reviews announces that some time ago Lord Pirrie sold his major interests in the company to John Brown & Co., who own the celebrated Clydebank Shipbuilding Works, and who will enter into full control of the famous Irish shipyard when Lord Pirrie retires from the Chairmanship.
The London Times says it is well known that John Brown & Co have been interested in Harland & Wolff for years.
“A working agreement existed between the two companies,” it says, “but our Belfast correspondent, who made inquiries among some of the leading members of the great shipbuilding firms in Belfast, was unable to get any confirmation of the statement that John Brown & Co. would ultimately enter into complete control.”
Related Biographies:
William James Pirrie
Related Keywords
Harland & Wolff
Contributor
Mark Baber
