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es es LM ARR NSE de OE back a ot Ne is , * t . alte EPO 46-2607. - Leg nothing to do witn the incor»oretion of the Amcrican Marine Corporation : to the best of his hrowledce. Ee stated that he first rat ONASSTS when the ~~ latter was trying to buy tne stock of the Amirican Karine Corporation about February of 16hB, Ps 2 advised that he was employed to put ast, < tozether the financing ond the operation of the shins to be acquired from uy the Maritime Comission and that eas far as he knew the core of the i. op2retions centered in the office of Mr. JUSSPx ROSENBAUM. > { kre PAALLA was asked waist banks, if any, had been contacted by officials of tne-Anericer Marine Sorporation to finance the purchase of the vessels, (Iter 34). kr. PA2YLR advised that he, himself, made no contacts with any of tne benks either in Washington or New York. He advisec, however, that he contacted the New York Life Insurance Company, New York City, and believes that Ur. JOSEPH RUSENSALE originated the contact. He advised that wnen he conselted with the New York Life Insurence Company with reference to finencing, there wes with hir. Ur. LESLID MILLS and thet they talked to Assistant General Counsel McTLOVD of the insurance companys However, after sone consultations the insurance company turned covn their request for financinge After they were turned down negotiations continues with other buyers or prospective purchasers, the names of which Mr. PARKER could not recall. He . does remember thet sormetines afterward an offer to purchase was received = from USPC, wnich corporation offered to purchase the stock outright sometime “in February 1948. He believes that the stock wes scold for approximately £209 3000 2005 payavle | in 1 installments of 449,000.00 per yeare SO Fo oo “atin Fetererce’ “tS "theincorporatton of the American Mariage.) Seis : Corsoration, he stated that the prirncinal movers in this organization wers JOSEP. ROSEIPAN, EDARD A. BACON, CUACNCEY PARKiA and E. COURTLASD PA@OR, CUALNCEY being the latter's brothers - with reference to Item Nurber 35, Mr. PARKER was asked whether he, together with SUCL 0. AROLD and LESLIE MILLS, ever hac any prior shirping exmeriencee FARKSR advised that he hai previously been with the United States Shipping Board and in connection with the organization of Accrican harine Corporetion h2é contacted a firm in hew York City who are _ operators of vessels by the name of sinchester and Corpany, that he knew that this firm wes reliable and that he had preliminary negotiations with them for the operations of the vesseb proposed to be securede PARKER advised that FILLS is an accountant and as far as he was able to say was not acquainted with shirping experience. Ee also advised that ANVOLD had no shipp ping _ Sapertence es fer as he knewe on eres ee 7e- rm oy A eet ai sel ba OR Oe ead Grier eee eS Sie ee With reference to Iter Murber 3 which requested the identification Of the discussions anz negotietions for charter or operations of the Yesstls ee ae Rte. fous ee Poe 3) . -7- _ ee . aoen oma Fm fe nea me em ep ee eg Re pe eer a -_- Oe ae . « ios