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| i | _ Oe =. 300 -_ De = ~ NY - 46-2507 corer ess Ses he was not certain of wa uxact position in these matters; however, hewad bie subsequently heard through shipping circles that £70 had attempted to buy three vessels but was unable inance them although be had been willing to invost $800, 000,00 of his own money, With regard to the charters, SD informed , that on March 23, 1948 Socony bareboxrt chartered the vessels BQ + SS STONY POINT, SS BATTLE ROCK and the SS CiMP NAMANU from be the American Marine Corporation for a period of five years iL each from date of delivery at a rate of $2.00 per dead weight ton per month, The SS STONY POINT was delivered on April 14, 1948. The SS CMP NAMANU and the SS BATTLE ROCK were delivered on March 29, 1948. Tne charter hire on the SS C.iMP NAMANU and the SS BATTLE ROCK was assigned by the American Marine Corporation - on March 23, 1948 to the Chase National Bank, The charter : : hire on the SS STONY POINT was assisned by the .imerican . Marine Corporation on April 14, 1948 to the Chase National “3 Bank, By addendum,#1 dated March 3, 1949 to the charters on 2 - _.._the above named vessels, Socony agreed to accept USPC as _ oo . ~S """" sharttred owners due to the mére«r of American Murine Corporation ~~~ with USPC, and also agrecd to pay the charter hire to Chase National Bank as assicned by USPC. ‘ Ske oe) See aR 3 DEPARTMENT ITEM NUMELE 3 The following investigation was conducted by SA(A) L7 re C.F ce a b18 a -To00-"