News from 1919 White Star to remain British


Mark Baber

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Dec 29, 2000
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The Times, 22 October 1919

WHITE STAR LINE CONSTITUTION
---
NEW AGREEMENT WITH THE GOVERNMENT

---
At a meeting of the Oceanic Steam Navigation Company (Limited) (White
Star Line), held in Liverpool yesterday, Mr. Harold A. Sanderson, the
chairman, stated that the meeting had been called to ratify an agreement
recently entered into with the Admiralty and the Board of Trade, and to
consider proposals for the alteration of the articles of association to
enable the agreement to be carried into effect. Mr. Sanderson explained
that the proposal before the meeting, if adopted, would place on record
and embody in the constitution of the company the practice hitherto
followed under which the management and operation of the steamships and
the general business of the company would be, and would remain, in the
hands of the directors, who had always been British citizens and
resident in this country. The provision was being made that all the
directors to be hereafter appointed should be acceptable to the Board of
Trade. On this basis, his Majesty's Government, on its part, placed on
record that the company was not to be considered a foreign controlled
company. The proposals were carried unanimously.
***
All the shares of the Oceanic Steam Navigation Company (White Star
Line) are owned directly or indirectly by the International Mercantile
Marine Company, of New Jersey.

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