Evening star., 1945-04-02

Notice is hereby given that on April 23 1e43 1880
AM $50 shares of the Class B Common Stock of
Winthrop Chemical Company, Delaware corporation
hereinafter called Winthrop will be offered public
auction without any representation or warranty, at the
auction biloxi of Adrian H. Muller Son, IS Montgomery
Street. Jersey City New Jersey for the account OF General
Anine & Film Corporation seller.
Winthrop holds all of the stock of Subsidiaries
engaged in the manufacture and sale OF pharmaceutical
products but does itself engage such manufacture
sale.
The $50 shares of Class Common Stock being offered
for sale and $50 shares of Glass Common Stock now
owned BY Sterling Drug Inc constitute all of the issued
and outstanding stock of Winthrop The Glass and Glass
Common Stock carry equal rights except that the Class
Common Stock has the right elect directors and the
Glass Common Stock, director
The balance sheets as of December 81, 1884 to 1913
inclusive and the of profit and loss and surplus
for the years ended December 81 1884 1945 inclusive
of Winthrop and certain additional schedules supplement
tary thereto all reported Form 10k filed with the
New York Stock Exchange, and COPY of an independent
auditors report for the year ended December 3d. 1914 are
available for inspection the Office of the undersigned at
23O Park Avenue, New York, New York.
The terms of sale a follows:
l. The stock will be offered in single block and in
parcels Bids for less than all of the stock will not be
sidered unless the aggregate of such bids exceeds the
of the highest bid for the entire subject matter
2 No bid will be received unless the bidder before
I'm OF INC PIeeeoihS Saie VI any
shall have deposited The First National Bank OF Jersey
City, Exchange Place, Jersey City, New Jersey, the sum
of $45 900 in cash bankers cashier check approved
by the undersigned and payable New York funds to the
order of the undersigned pledge that the bidder will
make good such bid of its acceptance Any such
deposit received from unsuccessful bidder will be
turned without interest when such bid rejected by the
auoneer the deposit received from the successful bidder
shall be applied the purchase price In the event of the
adjournment of the sale of the Withdrawal of the stock
from the sale such deposit will be returned without interest,"
but further deposit will be required in order to quaya
person bidder any adjourned sale upon such terms
As NAV be stated in the notice of the
adjournment.
g. No bid bids of less than 600 for the entire
stock being offered for sale will be accepted Sterling Drug
Inc of 10 Varick Street. New York City, of all of
the $50 shares of Class Common Stock of Winthrop
outstanding has offered 900 for the $50 shares Of
Class Stock and has further agreed if such offer is ac-
cepted ( to place oneha of the outstanding and issued
shares of the Subsidiaries of Winthrop in Voting Trust
with the Alien Property Custodian and (b) to
Join in an application the United States District Court
for the Southern District of New York Amend decree
in Civil Action No. 1858 entitled United States of
America " Alba Pharmaceutical Co.. Inc ct al, by add
ing thereto provision against the transfer OF control OF
Winthrop any interest therein, to g. Farben or other
foreign interests
T. In order be entitled bid each prospective bidder
before PM Of the day preceding the sale OF any
adjournment thereof will be required to furnish to the
undersigned:
1a) Satisfactory evidence by affidavit or otherwise