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: bee | be: q- | 7 NY 46-2507 . ~ _ ‘\ BERENSON returned to New York City, Shortly thereafter, probably the following day, DUDLEY telephoned him and suggested the name of United States Petrolowm Carriers, Inc. for the new ‘ company. BEENSOW advised that the name appealed to him and he offered no objections. H . f A fow days later he went to Washington, D. C. alione . @nd attended a mecting at ROSENBAUM's law office. DUDLEY and ROSENBAUM were present, and possibly CASEY. He stated that he . cannot recall cxactly when he first met CASEY but does remember 3 that DUDLEY introduccd CASEY as his brother-in-law. He advised : that for soveral months ho was under the impression that CASEY [ was @ member of the ROSENBAUM law firm. . a BERENSON discussed generally the plan to bareboat the i vessels in ordor to swing the financing. The law firm at this time was interestod in a fue. BERENSON stated that if the ‘allocation could be obtained, BERENSON would pay 13% of the value as a fee. In round figures, this would approximate §25,000. per - ship. BERENSON comncnted that this was not a high fee because it compared to the normal broker's fes,.. aad he a oe ap ee re ga Be riaen alot * ’ ~ The law firm had no questions ac to the financing of | . -the deal and was silent on that matter. BERENSON authorized the | corporation; however, no retainer was signed by BERENSON and . there was no discussion as to who would be on the petition for incorporation. Then BYRENSON ruturned to New York. apt ¥. V4 — A eeetnaen aL Pe aed dake oe 2 ene! Shortly aftcr his return to Now York, DUDLEY telephoned him and said thot hu was ebout to organize the corporation. He askcd BERENSON whether he had anyone in mind to consider as an officer in the new corporation. DUDLEY stated that he suggested “---" one Admiral HAROLD BOWEN, to whom his brother-in-law CASEY had introduced him. He stated that ‘.dmiral BOWEN hod an excellent tochnical background, food reputation and would be an asset to tho corporation. BFRENSON statod he would be pleased to have BOWEN in tho corporntion. BERENSON stated he did not know BOWEN at that time and DUDLEY told him he would, and did in fact, . send a summary of BOWEN's history to "3LERENSON, b feel WAL we dee ee ed Bre rT ta thet bie te BERRNSON statcd thet during the next several days he had threg or four telcphone calls with DUDLEY concerning officers , L al - 170,- see, Selita Bs: