The Washington times., 1920-02-22

The international Mercantile Ma
rine IL New Jersey corporation. 1t
owns the entire capital stock OF five
companies, four of which were inco-
porated in Great Britain, AID one In
Belgium. Through one Of these sub
salaries IL owns substantial inter
ests in two more British concerns.
and one Holland company. 1t also
owns practically all of another Eng
lish concern, the second largest In
the lot OF subsidiaries.
IL owns one smaller company inco-
porated in West Virginia. bought In
1915.
The names OF these companies, the
amounts OF capital, and the share
owned by the International Mercan-
tile Marine Is as follows:
The International Navigation Com
pany, Limited, incorporated in Great
Britain, capital 100000 pounds. all
owned by the International Mercan-
tile Marine (properly known as the
american Line").
The societe Anonyme De Naviga-
tione Belge-Americaine (the Red Star
iine). incorporated In Belgium, cap
| ital 13,s45,OO0 francs, all owned by
the international Mercantile Marine.
y The Oceanic Steam Navigation
Company, Ltd 1.-THE White Star line).
incorporated in Great Britain, capital
3.75O.OOO pounds, all owned by the
International Mercantile Marine,
The British and North Atlantic
Steam Navigation Company, Ltd. 1.-THE
Dominion line). incorporated in Great
Britain, capital 100000 pounds, of
] which 456,920 pounds is issued. The
international Mercantile Marine owns
, <58, $40 pounds OF this, 80 pounds he
ing held by the public.
incorporated In England.
Frederick Leyland & Co, Ltd,
which operates the Leyland line, in
corporated in Great Britain. Capital
1 SOC. 900 pounds preference shares.
and / 500 900 pounds ordinary. shares.
not all Of which is issued. The In
| ternational Mercantile Marine owns
5S7 $50 pounds of preference shares,
and 1,1s4,63O pounds OF ordinary
shares. The public owns 1000 pounds
of the latter.
The. Atlantic Transport Company.
Ltd. incorporated in Great Britain.
capital 100000 pounds preference
shares, and same of ordinary. The
| International, Mercantile Marine owns
all the ordinary. No preference shares
are issued. IS - - 81
The Atlantic Transport Company of
West Virginia, incorporated in West
Virginia. $4,000, 900 capital stock out
standing, all owned by the 1. NJ. M.
Foreign Ownership.
Through the ownership of the
Oceanic Steam Navigation Company.
the ]. NJ NJ has a 40 per cent interest
in the management of George Thomp-
son e. Co., Ltd. incorporated in Great
Britain: a Az per cent interest in
Shaw, Savill and Albion Company,
Ltd, incorporated in Great Britain,
and a 10, per cent interest in the Hol-
land-American Line, Incorporated in
Holland.
The latest edition Of Poore's Man.
ual shows that the ]. N. M. has the
direct ownership OF but six ships. The
largest OF these vessels is the Kroon-
land 1924 tons. The Finland is
about as large, and the other four are
about 10000 tons each.
The subsidiary companies, most of
which operate under foreign flag,
own cighty-seven ships--Nine OF these
are frst-class liners of 10000 tons or
better. One is the White Star liner
Olympic, OF 46,359 tons. Eighteen of
the ships are lover 1000 tons. Forty
mainder are under 5000 tons.
The two largest companies which
the 1. NJ. NJ. owns are the White Star
Line and the Leyland Line. The
White Star Line was registered under
British laws in 1869. Its directors are
II A. Sanderson. f. c. Grenfell, Lord
Pirrie and Alexander Kerr. The Ley
land Line was registered under Brit
ish laws in 1900. Lord Pirrie is on
the board of directors.
The last statement of the I. NJ NJ.
Il.