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Aristotle Onassis — Part 5
Page 74
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USPC and its subsidiarics vere eormitted to repay the funds
{. | | (. be
Wy 46~2507 .
BERTIUSON advised that he could not specifically
recell nepotiations in connection with the National City Bank
loan dated Nay 27, 1949, in the amount of 32,800,000. He
stated, however, that In the cese of this loan and all other
loans he fully cdiseussed the details of such loans with
ONASSTS. He said that, arter discussing tne details of a
prospective loan, either he or CMASSIS or both would g€o0
to the insurence-company or bank to arroange for the
prospective loan. He adv! sed that OFASSTS was nalvaya
Se tae et pad en ed ee
willing to put up any additional collateral] that might be
reguired by the lending institution.
BERENSGi! advised thet the following is his
recolijiection concerning tne purchase of the stock of Pacific
~Tankers, Inc., by USPC:
He believes that CYrASSIS lunched with Captain
RIEBER, @ Pacific Tankers etockholder who told OMNASSIS that
he believed it would be porsible to purchase the tankers of
this corporation. PUREMSO advised that ONASSIS told him
this end that he and G@UASSIS diseucsed the possibility of
purchasing Pacific Tenkers. Subsequently, he contacted
+.
Admiral MGRAN concerring the poersibility of USPC's acquiring
Pacific Tankers. Ye adviser tht from that point USPC
had negotieted with WARPI™NLD, CAITSROX and McCONE, who
revresented Pacific Tankers. BERMISON advised that, on
behalf of USPC, he, CCANIMIS, and LORD, DAY and LORD, USPC
Admiralty Attorneys, worked ot the details of the transaction,
Tn connection with the purchase of the HSRIAN F,
WHiTCE and WILLIAH 4A, i. BURDUN hy Pacific Tankers, Inc.,
froin the Union Sulphur Covpanr, ine., Rone s advised that
this buriness was broucht to USPC by SIHPSOU, PENCE and
YCUG, rho acted as bpakers.
POR SCH aulvised that he wis unable to reeull
enacon for the tranelev of Porifie Tenkers stock from
to Victory Carricrs, tne., on June 21, 1950.
BERSNSCT odvised that none of the essets of
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