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2m ae edie, RR ee ee ae t - i 5 OR a ble eT ee ey # NY 46-2507 Os acti dt De PARTMENT IToM NUMBsR_36 The following investigation wag conducted by SAA 7 rn ee + na iedalitobea BP Ae ple This items requests thut it be ascertd ned if there is any relutionship between tho agreed amount set forth in exhibit 29 of US Maritime Commission report dated May 24, 1951 and the $50,000. advanced on February 3, 1948 by ARIONA through SSY, ; In accordance with the terms of the agreement iy} 000. wags paid to GOODW TY, ROSENBAUM and MEACHAM during 1$48 as set forth below: Date amount 2/5/48 11,600,00 3/30/48 20,000.00 4/21/48 . 10,000.00 # 41,600.00 The 91,600.00 of totul amomt of ¥4},600.00 is payment for the initial capitul investment of american Marine Corpora- tion, When the check in enount of #11,600 was druwn on February 5, 1948, the balunce in the USPC bank account was 438,683.91, which wus tho remining beulance of funds received from sRIONL. . It was not possible to determine the exact source of the funds used te mike the payments on March 30, 1948 and April 21, 1948 since the funds svailuble ut that tims were generally corporate funds,