Groedel Brothers Steamship Co
From Graces Guide
1902 The company was incorporated.[1]
1916 Although the company was registered in England, all but four shares out of 500 issued were in the hands of the Groedel family in Budapest. Therefore, under the Trading with the Enemy Amendment Act 1916, the Controller appointed by the Board of Trade ordered the line to be sold. The company's fleet consisted of four single-deck steamers: Milly, Melanie, Margit, and Gisella, all built by William Gray and Co, of West Hartlepool. In an auction at the Baltic Exchange, the fleet was bought by Alexander Mair, of Glasgow, for £288,500.[2]
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