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Penns Peak Flash News
For statement please clickhere (US$1=HK$7.8) (Reporting by Donny Kwok; editing by Jonathan Hopfner). Core Lab Announces Q3 2009 Quarterly Dividend; Also Declares Special CashDividendAMSTERDAM, July 13 /PRNewswire-FirstCall/ -- The Board of SupervisoryDirectors of Core Laboratories N.V. (NYSE: CLB) has announced a quarterly cashdividend for the third quarter of 2009 equal to $0.10 per share of commonstock.On an annualized basis, the quarterly cash dividend would equal apayout of $0.40 per share of common stock.The quarterly cash dividend willbe payable on 24 August 2009 to shareholders of record on 24 July 2009
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His 40 horsepower beam engines were fitted in the steamers ‘Ipswich’ and ‘Suffolk’, and it is likely these were the first marine engines to be designed and built by Penn.
It grew in two decades to be one of the major engineering works in the London area. The focus of the firm was mainly in agriculture and more specifically mills for corn and flour.
They had four sons and two daughters, John, William, Frank, Ellen, Alfred and Isabella.
As do the Penn Almshouses in South Street, built in 1884 in memory of the second John Penn.
His works also provided the education for a whole generation of marine engineers.John Penn became a Member of the Institution of Mechanical Engineers in 1848 and served as its president on two occasions (in 1858-1859, and again in 1867-1868). In June 1859 he was elected a Fellow of the Royal Society, and in 1860 he helped to found the Royal Institution of Naval Architects. He was also a great friend of Joseph Whitworth, and employed the precision instruments and tools developed by him.John Penn died at his home, The Cedars, Lee, Kent, on 23 September 1878, survived by his wife, and was buried at St Margaret's Church, Lee, on 29 September. The Kentish Mercury and Greenwich Gazette wrote of him as ‘Greenwich’s greatest son’. By the time of his death the firm had built engines for 735 ships, ranging from river ferries to battleships. Aside from the advancements made in marine engineering, John Penn is remembered in Greenwich through street names and buildings.
By 1844 he had replaced the engines of the Admiralty yacht, ‘Black Eagle’, with oscillating engines of double the power, without increasing either the weight or space occupied. His enhanced reputation due to this notable advancement was further augmented by Penn’s introduction of trunk engines for driving screw propellers in vessels of war.
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