FINANCE - BACARES

1908

Bacares Iron Ore Mines, Limited.-Directors: J.C. Cuninghame (Chairman), Sir J.E. Johnson-Ferguson, Bart., and R. Russell (Managing Director). Secretary: W. Girdwood. Office: 32, Victoria Street, S.W.-The company was registered May 25, 1899, to acquire properties in the Bacares district, Province of Almeria, Spain. The authorised capital is £135,000 in shares of £10, all of which has been subscribed and paid up, and there are debentures for £47,500. Reports are not published, but this information is official. Voting power, one vote for every share. Director's qualification, 100 shares. Transfer form, common; fee, 2s 6d. Telegraphic address, Nettoyage, London. Telephone number, 160 Victoria.

1909

Bacares Iron Ore Mines, Limited.-Directors: J.C. Cuninghame (Chairman), Sir J.E. Johnson-Ferguson, Bart., and R. Russell (Managing Director). Secretary: W. Girdwood. Office: 32, Victoria Street, S.W.-The company was registered May 25, 1899, to acquire properties in the Bacares district, Province of Almeria, Spain. The authorised capital is £135,000 in shares of £10, all of which has been subscribed and paid up, and there are debentures for £20,000. Reports are not published, but this information is official. Voting power, one vote for every share. Director's qualification, 100 shares. Transfer form, common; fee, 2s 6d. Telegraphic address, Nettoyage, London. Telephone number, 160 Victoria.

1910

Bacares Iron Ore Mines, Limited.-Directors: J.C. Cuninghame (Chairman), Sir J.E. Johnson-Ferguson, Bart., and R. Russell (Managing Director). Secretary: W. Girdwood. Office: 32, Victoria Street, S.W.-The company was registered May 25, 1899, to acquire properties in the Bacares district, Province of Almeria, Spain. The authorised capital is £135,000 in shares of £10, all of which has been subscribed and paid up, and there are debentures for £20,000. Reports are not published, but this is official. Voting power, one vote for every share. Director's qualification, 100 shares. Transfer form, common; fee, 2s 6d. Telegraphic address, Nettoyage, London. Telephone number, 160 Victoria.

1911

[Same as 1910]
Bacares Iron Ore Mines, Limited.-Directors: J.C. Cuninghame (Chairman), Sir J.E. Johnson-Ferguson, Bart., and R. Russell (Managing Director). Secretary: W. Girdwood. Office: 32, Victoria Street, S.W.-The company was registered May 25, 1899, to acquire properties in the Bacares district, Province of Almeria, Spain. The authorised capital is £135,000 in shares of £10, all of which has been subscribed and paid up, and there are debentures for £20,000. Reports are not published, but this is official. Voting power, one vote for every share. Director's qualification, 100 shares. Transfer form, common; fee, 2s 6d. Telegraphic address, Nettoyage, London. Telephone number, 160 Victoria.

1945

Bacares Iron Ore Mines, Limited. Custom House & Wood Quays, Lower Thames St., E.C.3. (Telegrams: Ironorebac Bilgate London. Telephone: Mansion House 1555.)
Directors:-Maj.-Gen. W.H. Grey C.B., C.M.G. (Chairman), H.D.S. Blyth, William Girdwood F.I.C.S. Secretary-D.S. Girdwood.
Registered 25 May 1899. Resolutions to wind-up were passed on 2 July 1940, but on 12 Dec. 1941 liquidation was stayed and company resumed business on 16 Mar. 1942. Owns iron-ore mines in the province of Almeria, Spain.
Capital-Authorised and issued £108,000, in shares of £8, fully paid; all are privately held. In 1930 the capital (authorised and paid up) was reduced from £135,000 to £108,000 by repaying £2 per share and reducing the nominal amount of all shares from £10 to £8.
Loan capital-Directors can borrow up to £100,000 plus for temporary purposes an unspecified amount.
Accounts to 30 June submitted in Nov. Latest dividend-5% actual in Dec. 1930.
Debit balance forward at 30 June 1944 £91,155 (1943 £88,375). Reserve account £10,405. Loans (liability) and accrued interest £54,701 (£44,157 secured on whole undertaking and assets).