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ak bie ae Le were Pe eee 4. Ye an ow ye Ln tbe et An tye Pe lLiarere feat ort Carrey bee esa ts a ei €) bie = NY 46=2507 . DEPARTMENT JTEM NUMBER 43 This item deals with the date negotiations commenced and the persons who participated for the bareboat charters ROCK to Socony Vacuum Oi1 Company for five years, It is also in reference to the part that ONASSTS took regarding these . negotiations, - A. L. Burbank and Company, by Battery tlace, whose principal business is dry cargo ship | ta operation, was introduced to him by one of the members of the Board of Directors of Socony in carly February, 1948, During that mecting and subscquent meetings a general dis- cussion wis had concerning the chartering of vessels of the. tanker type. About the middle of February, 2948, eet advised that he was.acquiring three tankers which would be bf avnilable for chartcr to Socony snd, after some discussion, ornlly agreed to bareboat chartcr these : t a rate of 5 ad then called b7 co offer subject to and adviscd him to accep his ability to obtain the vesscis, aes this oral agreement must have been made about Fubruary 20, 1948 as the first correspone 5 be dence in the file concerning the SS BiTTLE ROCK and the SS GpMP NAMINU boars instant date, Correspondence tending to cone irm this period is being enclosed as Enclosure number 9, lo7ce. About oa woolk Later Mr. ONASSTS and Mr, BERENSON cime to sc: and advised him they were poing to purchase the vesseis providing Socony would ho oral asreoment of ebont charters at $2,05. thon called him and advised him of the substitution,