Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote). DATE: 11-14-2017 JFK Assassination System Date: 4/7/2015 Identification Form SSeS ~ Agency Information ) AGENCY : RECORD NUMBER : FBI 124-90086-10132 RECORD SERIES: HQ AGENCY FILENUMBER:  87-76541-11 eee Document Information ; ORIGINATOR: FBI / FROM: OT: TO: OT TITLE: DATE: 09/13/1964 PAGES: 3 SUBJECTS : [Restricted] JOSEPH STEIN DOCUMENT TYPE : PAPER, TEXTUAL DOCUMENT CLASSIFICATION: — Unclassified RESTRICTIONS: 4 CURRENT STATUS: = Withhold DATE OF LAST REVIEW: 07/14/1998 OPENING CRITERIA: INDEFINITE COMMENTS : RPT; ENCLOSURE v9.1 Docld: 32329475 Page 1
eRebeage under. the John F. Kennedy Assassination Records Coklection Act of 1992 (44£ WSC 2107, Hote) . “Gireaenaa-2017 ROYAL CANADIAN MOUNTED. POLICE. revises | Pi OWHEH FILE REFERENCES: oe, — ; PMivision , "A", ; ne. [SAMP FILE REFERENCES: Soa OO 3, NSS SYDNEY. ; {Ol H=2 90-35 « |. a ca : - . DETACHMENT - . “Fb 5-70.6 so FO ‘ . Sydney G.£..SHTION. #6o5=8 » fo pate ~=September 13the, '6l.o| . RE: ; oe ; . Joseph Y. STEIN; Leonard B, STALLMAN; Felix A. ALDERISIO., ‘| ss DBA First. National Mortgage Company, #1 East Wacker Drive, : Chicago, Illinois. “ - 20 Sept. 16h rr) 4 de Reference p.cePe, Mr. Joseph John KHATTAR was inter= % - viewed and the following information obtained which pertains to | | 20 - KHATTAR'S REALTIES LTD,, 63 Prince St., Sydney, N.S., is a firm composed of three brothers, namely + Joseph J. KHATTAR (President), Simon J, KHATTAR, Q.C., and George KHATTAR, | bo it is mainly involved in the real estate and mortgage brokerage | ie ‘business. The montgage brokerage end is the seéle concern of | 8 Lo Joseph J, KHATTAR, who operates on the basis of a "standby fee" a po plus a percentage (usually 3%) if he locates a favorable mortgage an loan for, his olients, . | 3 -/. During the summer of 1963 Khattar's Realties Ltd. 4 learned that the Joyland Shopping Center, Detroit, Michigan, 4 U.S.A, was up for sale and the firm (Khatter's Realties) ate tempted to purchase same on its own behalf, KHATTAR (refering. F to Joseph John KHATTAR) was contacted by Roy BROWN and Leo COLE 4 of Roy BROWN and Associates, 20026 Greenfield, Detroit, Michigan, - who were handling the sale, and a price of $1,275,000 was agreed : upon. In attempting to raise this amount of money KHATTAR con= 4 tacted one Gerald R. SITTSER of H.A.S. Corp, (actual name of the “ firm could not. be determined), 100 B. Waters Building, Grand ~ Rapids, Michigan, who in turn advised KHATTAR that he had found the required financing with First National Mortgage Company. (KHATTAR maintained he never personally met SITTSER, being in contact. with him only via telephone and mail), At this stage Mr. Joseph Y. STEIN of First National Mortgage Company entered the picture and requested a $5,000 retainer from KHATTAR on the understanding that his firm would raise the $1,275,000 in sixty days for the purchase of Joyland Shopping Center. The retainer in form of a cheque was paid in escrow to Roy H. BROWN and G.L. SITTSER rather then First National Mortgage. (This action was taken on the instructions of Simon J, KHATTAR, who acts as the legal adviser for Khattar's Realties). During the course of the sixty days period, STEIN madé a trip to Sydney where he met the | directors of Superior Concrete Products, Sydney, N.S., (who em= “4! ploy Simon J, KHATTAR as légel counsel), who were interested in : locating a loan of $250,000 for the firm, STEIN told the direetorg' that he probably could locate this amount of money for Superior Concrete but wanted a $7,500 retainer before any effort was made. in this regard. On behalf of Superior Concrete, Simon J. KHATTAR. | turned down STEIN'S offer unless he (STEIN) could produce a legal registered commitment from a bonafide lender in the U.S.A. that -the money was available, only then would Superior Concrete pay yo the $7,500 retainer. It should be noted that Simon J. KHATTAR was using the Joyland Shopping Center (CONT'D ON PAGE TWO); _ Rocld:32329475 Page 2 a iat i + AGE SOT SRE 7 — TLS YS me ff 1
" Reléaséd under the John F. Kennedy Assassination Records Collection Hct of 1992 (44) USC 2107 Ho te}. RBMTE29s1 U5 14- ~20)]@ ; . ; * CONTINUATION ¢-237 | ‘ : mo, REV. 15-2-63 4 RED OV. re sad 8 (comrrroe PROW. PAGE OME) 2 are " bbe badddedivege da Ges ceases “JOYEAND . SHOPPING. CENPER mortgage ‘as | ‘a for. ace st. ‘STRS end ‘the. ‘igen required: by . Superior Consretes. ‘eh “directors: of: Superior Gonerete wore aware ef this ad ‘serecd ‘to the terms set. by their Counsel). It was at this. ‘meeting y: ‘which was “algo attended:by Joseph Js KHATPAR, that ‘SEIN first mentioned his firm. aiready hed a commitment fer the “s Joyland - Shopping Center and therefore Superior Concrete | ghould . — not object to the $7,500 retainers Simon J, KHATTAR refused | STEIN'S reQuest., advising he wi: to. seo the ‘somnitnent in writing before: he. would agree. to the Superior Concrete. potainer, which noidentally, wes never paid becense Pirst National could — not: produce: a bonefide- tender for: ‘hie. foylend Shoppirig: Canter. commitments’ a a4 - he ees ty Sanuery,, 196li,. Rhettar's’ Realtios engaged one : ‘Fred oj POTviN, Attorney and-Counsellor, 118 Buhl Building, Datrot: ichigen, (Lelephone No: Woodward 5<03)j)), to carry out the actual “purchase of the Joylend Shogping Center, and this. subject 14 fémiliar with the contrect ‘dealings betwoen Khatter's | Realties, First National Mortgage. Conpany.s. Roy BROWN, Leo'P. COLE, end Joseph. ‘Ve STEIN. According to KHATTAR it wea POTVIN “who endorged .the: {955000 cheques. on behalf. of Enatter' 'g “Realtioss ‘over: ‘to (STEINe. ve ree ‘hs P Bits seeresperiieags: ‘advises that’ KRATEAR: a7 suggested. he--be: ‘peid a commission on the: mortgage.loar te be |. “made to, RHATT 'S REALTIES by First National? KWATTAR admitted . Q his suggestion..and stated he ‘told SIPTSER that. First National hould pay hin 802. of the “mortgage anterest fee” hee cause | o! a 1S amount .of monsy “izvolved and the fact that Khattar's Sin: ‘tho ‘game type of business as First Hationals ‘he " RHAPBAR elso: mentioned ‘chat STEIN ap= » the head of Pirst a raiet du and therefore he. ate. Eommtea x. m SIPTSER who. was Someuhet r usbaat ‘to carry, out... fhetter S Realy ies: interests. at the. wate requested of him. 4 a. ce ‘In ‘view. of the. above, KHATPAR. advised. thet when’ ‘the. sale yiand Shopping Center was to be finaliged, he went to - . Pirst ‘Hational to obtain-the $1,275,000 commitment. "which. gas. | te be repaid in-(29) years_at 6% interest, and was told by Leonard: » SPALLMAN (slo employed by'First Nationals thet the fire. did not have’ the. Commi tment | -in question end. therefore could not give ~~ “KHATPAR the -money’s. This occurred only a short time arbor: STALIMAN had spoken personality. to Roy BROWN and KHATTAR in the Chicage.. office .of, First. Natlionalsthat the firm had the required commitment in weiting | fren a pesponsible lender but he (STALIIAN). Pequired. . a few days to: formalize the agreement: end | ‘present it.to KHATTAR - end BROWN... When) these men: requested to“see the eotual connitment, STALLMAN said he couldn't.-show it. for fear of di soposing th | gourcea : “of the moneys which. ‘appeared: te be a ‘Logical exp anetion. | a are an eigen ct cate a a (Con =D. oH PAGE. THREE =) 9 Docld: 32329475 Page 3 a : a iF L . , |