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Aristotle Onassis — Part 1
Page 6
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(a) The Contractors agree to cause to be made yy
May 1, 1956, unless the “Government agrees to an extension of om fe
: : this date, changes in the management, control and stockholders
a the Donestic Corporations to satisfy the Department of
; p. Justice that they are citizen corporations within the weaning
~ = of the shipping laws and registry statutes, The Government oe -
hereby stipulates that on completion of such changes and after
the approval of the Department of Justice, each of the Donestic a oo
: £. Corporations shall be deemed to be a citizen of the United . |
: ; States within the meaning of the shipping laws and registry
ae statutes, oan mee -. . .
ae (b) If the Contractors, by said date as it mybe |”
ne extended, shall fail to satisfy the Department of Justice an al
that the Domestic Corporations are citizen corporations, a8 |
aforesaid, then, ‘at the election of the Department of Justice, ne
the following shall take places Re
E 2 (4) The Contractors bareby consent to the entry -
; of decrees of forfeiture in each pending libel pro- ;
a!
- | ceeding affecting a seized Ship, subject to the private a
mortgages, which shall be fully recognized; provided, oe
hovever, that the Departnent of Justice sill permit * :
¥
te
continued operation of the Ships under the applicable | .
= =
operating etipulations to enable full dtecharge & * ae ee: ;
charter obligations | ten in effect, wes ee
He,
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