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Ma Pes Batt ace BIAS ates ee Mi Fai: 4 Ae ay I -_ at boa Vo. an) ‘ PAT a ah an Me wowebeicee . itt ce apy v rs ie tay * ree mete 1 ree “} a, Lye subsequently in - this report... . NY 46-2507 " Rr eslahk $n eatanta tHhak alt wo pk ahantin #48 FF examined and identified contain BECKER'S hendwriting. "T have never seen the stock certificate book for ws. P. Cc. I don't know whether ONASSIS was a stockholder in U.8.P. C. BERENSON never told me whether ONASSIS had en interest in U.S.P.C," The firet four tankers purchased by USPC, that is, FORT BRIDGER, LAKE GEORGE, CAMAS MEADOWS and ARICKAREE, were originally sherteread to Socony Veeoun oil Company end Grovremen’ D'Achet des Carburents as set forth ing sicned statement. b// There was attached to BECKER'S worksheet, showing Usrc estimated profit for the first year under the original charter agreements, a typed atatement setting forth the data contained on thig worksheet. <A photostatic copy of this statement, Schedule A, captioned "UNITED STATES PETROLEUM CARRIERS, INCORPORATED, Statement of Estimated Profit and Losses," is attached to this report. According to Schedule A, estimated net profit before Federal Taxes for the year 1948 was $7, 341,767.00. SA (A) examined the books and We records of USPC in Mey, 1952 after the original charter egzreements had been revised, and determined from this examination thet for the year ended December 31, 1948, USPC showed a loss of $17,054.04. Further date concerning revised charter agreements will be aot forth = an Ls Ee EE. TSR COUT. Ra le Fr SRE SS ay EE EET 2 ET, : | - 80 made available a typed copy of a memo dated February 11, 1 d, "MEMO signed with the 174 initials "RLB, that he received this memo fran ROBERT L. BERENSON. | The following portion of this memo is being set forth: "Veasele owned by United States Petroleum Carriara. Inc., and their wholly owned subsidiary, American Marine Corporation, are all to be chartered to Petroleum Carriers of Panama for periods of ten or twelve yeara. This is done simply for tax - - purposes =— it doez not change the registry of the vessels. Aa bye ee " f ma 3: = ae hs OF ETE so BEe SEL! MENT RE Stat ARIE: OA aa ale cia ye 7A