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Aristotle Onassis — Part 7
Page 27
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NY 462507 Schedule B
: Operation of
STONY POINT
CAMP NAMANU
and
BATTLE ROCK
Operetion of
rey CAMAS MEADOWS
ae FORT BRIDGER
LAKE GEORGE
end ARICKAREE
[_
_ Other
Total aaa
Activities
Operetions
Profit or Loss before
Federal Income Tax
17;054.9 ~~ ,182.05,
+ remy gy) #6
469.726. 93 72,865.14 2 4 9-43
52,040.63 139,640.22 0,516
Total ~ os me
1948-51 $1,398, 325-42 $221,211.90 $1,739,096-k2 $ (561,982.90) |
occa method of allocation
at arriving on the data shown in Schedule B {se contained in ©
his work papers. - : re
The STONY POINT CAMP HAMANU, and BATTLE ROCK were under
bareboat charter to Socony Vacuum O11 Company at a monthly rate =
$( 17,236.09
(158,740.65
(235,469.
*yzreze. 6
32,350.82
662,917.
Details pertaining to SA bre
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As set forth in Schedule B, most of the USPC earnings
are attributable to these 3 vessels. ‘ oo
The above vessels were originally owned by American —
Merine Corporation, a wholly owned subsidiary of USPC. On —
March 3, 1949, american Marine Corporation was merged into —
UsPCc.
records of USMC on April 17, 1948,
American Marine Corporation applied to the commission for
approval to charter the tankers BATTLE ROCK, CAMP HAMANU, and ..
STONY POINT to PETCAP for & period of l2 years. . ;
.. On May 17, 1948, G. H.
Operations, United States Meritime Commission
approval of the charters.
According to the
*
HELMBOLD, Chief of Bureau of ~
(USMC) recommended
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= Aectl-. This recommendation was disapproved by the USMC on et
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—-- - ore nem pete vitae Tt: = Se a eiaakal amare wero as - -
C—O a a
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