Sale of Government-Owned Surplus Tanker Vessels: Hearings |
From inside the book
Results 1-5 of 100
Page 28
... paid off in 5 years ? Mr. LEECE . It could be paid off in 5 years ; yes , sir . The plan worked about as follows : The monthly subcharter hire which Greenwich Marine Co. hoped to acquire from the operation of five tankers averaged about ...
... paid off in 5 years ? Mr. LEECE . It could be paid off in 5 years ; yes , sir . The plan worked about as follows : The monthly subcharter hire which Greenwich Marine Co. hoped to acquire from the operation of five tankers averaged about ...
Page 29
... paid off . Mr. FLANAGAN . Now , on the tax picture here , we will just cover this briefly and get other witnesses on it . We find that the bulk of the charter hire , the great percentage of it , is going into the Panamanian corporation ...
... paid off . Mr. FLANAGAN . Now , on the tax picture here , we will just cover this briefly and get other witnesses on it . We find that the bulk of the charter hire , the great percentage of it , is going into the Panamanian corporation ...
Page 45
... paid in capital they also had an allocation of three tankers , for whatever that would be worth ? Mr. LEECE . That is correct ; title to these three tankers . Senator McCLELLAN . I understand . But the actual investment of the ...
... paid in capital they also had an allocation of three tankers , for whatever that would be worth ? Mr. LEECE . That is correct ; title to these three tankers . Senator McCLELLAN . I understand . But the actual investment of the ...
Page 48
... paid . ( a ) Engage in any business whatsoever other than that of chartering the tankers to United . * * ( b ) Voluntarily create , incur , assume , or suffer to exist any mortgage , pledge , or other encumbrances upon any of its ...
... paid . ( a ) Engage in any business whatsoever other than that of chartering the tankers to United . * * ( b ) Voluntarily create , incur , assume , or suffer to exist any mortgage , pledge , or other encumbrances upon any of its ...
Page 50
... paid $ 2,000 . Mr. FLANAGAN . And that is a Chinese corporation ? Mr. LEECE . That is a Chinese corporation . And each share of stock , A and B , is entitled to one vote . Senator MUNDT . Out of $ 2,003 invested , $ 2,000 was held by ...
... paid $ 2,000 . Mr. FLANAGAN . And that is a Chinese corporation ? Mr. LEECE . That is a Chinese corporation . And each share of stock , A and B , is entitled to one vote . Senator MUNDT . Out of $ 2,003 invested , $ 2,000 was held by ...
Other editions - View all
Common terms and phrases
Admiral COCHRANE agreement allocated American citizens American Overseas Tanker American Viking answer Antelope Hills AOTC application attorney believe Casey group charter China International Foundation China Trading Chinese Petroleum client committee Communist China correct counsel Delaware Tanker Department discussed DORN DUDLEY fact filed financing FLANAGAN foreign FRANTZ going Government Greenwich Marine Corp GUTHRIE indicate interest January January 24 Kettleman Hills KLEIN knew KoNow law firm LEECE LENFEST letter Maritime Commission marked Exhibit matter Meacham Morris National Resources Commission National Tanker Corp Nationalist Niarchos operation option Overseas Tanker Corp paid Panama Panamanian corporation percent president profit purchase question recall recollection record referred ROSENBAUM Senator HOEY Senator MCCARTHY Senator MCCLELLAN Senator MUNDT Senator NIXON shares sold statement stockholders SYRAN T-2 tankers testimony tion transaction understand United States citizens United Tanker Corp vessels WASSON WESTERLUND