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iB Feo EE ERC Toe oer ee cs ks : 4 or fy he Pye areree re. an eee eal tthe wh aaditien whee “ae eled their c sr Dank ag pa Maimea he f On Mey 12, 1948, retroactive to April 30, 1948, Socony signed a consccutive voyage charter for a period of three years “with PETCAP at United States Maritime Commission rate plus 95% for the first year and a flat -_ United States Maritime Commission rate for the second and third years, on May 28, 1948 PETCAP assigned all the chartor hire duo thom on the LAKE GEORGE to the National | City Bank, retroactive to April 30, 1948, this charter tba Led, . “ q " (a daociideenneeesemenseghinldienirile a terminated on April 30, 1951. This was an original charter. and did not involve e substitution of a United States flag vessel] for a foroign flag Vessel, 7 Sometime between the dates of August 25, 1951 a and September 25, 1951, the £5 LAKE GEORGE and the SS WILIIAM 4.7', GURDON, both Tee tankers, were to be substituted for the O1YMPIC TORCH, a 28,000 ton tanker owned by olympic - O11 Lines of Panama, which tanker wes under charter to 4 on Socony. Therefore, she charter on the OLYMPIC TORCH was canceled and © now censecutive voyage charter was made between UErC and Socony for the vessel LAKE GEORGE on June 19, 1951. This chartcr was to terminate on June 30, 1956. The charter hire rate was to be United States Maritime Commissisn rete minus 20%. By essignment dated September 12, 1951, all charter lire on this vessel was paid to the National City Bank of New York, The charter period for the SS WITLIAM A.i1. “URDEN wos the same as for the SS LAKE _ GLORGE; however, the parties to the charter were Socony Vacuum O11 Company end Western Tinkers, Ine, Subsequently . USPC was substituted as charter owner of the vessel, The af charter irc, vhich was at United States Maritime Commission rate minus 20/5, wis assigned by USPC to the National city ank. . SSS :::.: that the vessel CALLIROY (x5 was not en cnarts oO Scocony at the present time; however, — Corer er Rd . CHER ora aeth HOM SA OM neti teeta ey Ly eppeaaae TOC TA ON EIR WC SEE SET APA RR ORE SEO OI Srey &, ar ', a a as aw et . rT ee att os bray Lites ‘oe “1 + io = toe yp ty ‘ncliad Maly ob Os rar | idatiante Sie ele ae mee re 2 . i 9s i . daneneilt