21 MARCH 1908, Page 2

The Times of Tuesday makes the following announcement: —"His Lordship

Mr. Justice Warrington yesterday made an order sanctioning an agreement under which a company will be forthwith formed to take over the business of the publica- tion of the Times newspaper and the undertakings carried on in connexion therewith. Mr. Walter will be Chairman of the Board of Directors, which will consist solely of existing members of the staff,—Mr. George Earle Buckle, Mr. Valen- tine Chirol, Mr. William Flavelle Monypenny, with Mr. Moberly Bell as Managing Director. No shares will be offered to the publio. There will be no change whatever in the political or editorial direction of the paper, whioh will be conducted by the same staff on the independent lines pursued uninterruptedly for so many years."