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Aristotle Onassis — Part 3
Page 3
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NY 46-2507
He advised that ho could not recull the actual date
when the stock was transferred to his name on the corporate
books but belioved it took place about the time of the first
directors meting of USPC attended by him in the late spring
or carly summer of 1948, at which meting Admiral BOWEN,
RERENSON, COKKINIS, CaRVER and @ representative of the law
firm of Shurman, Sterling und ‘sright were present. He advised
he does not now recall what discussions took place at this
particular directors’ meeting but thut tho minutes would speak
for themselves,
He also related that at the time of tho above directors’
meeting, or shortly thercafter, he suw a list of the stock-
Sid
ae USPC which reflected STOREN held @@shures, COKKINIS
sharas, CARVbR held shuros and BsRENSON held
ip number of shurcs nov reculled), with the remaining
stock being in the nam of a foreign corporution, the name of
which he does not recull but which company is commonly referred
to as “ONASSIS' Company", He stuted that te could not recali
the way ho learned that this foreign compin y was controlled by
ONASSIS,
~STOREN advised he supervised tha cleaning, repairing
‘and fitting for servico of all seven tmkers purchased by
USPC (not including the two later obtuined from Pacific
Tankers, Inc.) and was paid for his services at the rate of
#5,000.00 per vessel. He advised the #5, 000,00 figure was
suggested by BERENSCN and pointed out that the matter of fee
was not discussed at the beginning whon ONASSIS originally
requested him to go to Philudelphia and take a look at the T-2
tunker there. In this connection he stated ho had performd
services for ONASSIS for a number of years and on frequent
occasions performed minor services without charge to ONASSIS, or
at least did not discuss the matter of fee until after the
services hud becn performed,
oO
STOREN advisod he was principally interested in the
enginevcring und opsrational end of USPC und did not trouble
himself with the churtering und finuncing probicms in con-
nection with the vessuls involved, Ho stuted he did not know
the source of USPC funds except that he does recull from overe-
heuring discussions ut vurious directors! metings, that USPC
borrowéd monies from vurious banks. Hs statad he had no
aa prin
n
oy
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