Detroit evening times., 1945-04-16

Notice is hereby given that on April g lo45 10 80
AN 6,1So shares of the Class Common Stock OF
Winthrop Chemical Company a Delaware corporation
hereinafter called Winthrop j. will be offered pubic
auction without any representation or warranty, at the
auction block of Adrian H. Muller Son, IS Montgomery
Street Jersey City New Jersey for the account of Genefa
Anine g. Film Corporation seller.
Winthrop holds all of the stock Of certain Subsidiaries
engaged in the manufacture and sale OF pharmaceutical
products but does not Itself engage in such manufacture
- or fSale.---
The so shares of Class Common Stock beng offered
for sale and 80 shares of Class Common Stock
owned by Sterling Drug inc all of the issued
and outstanding stock of Winthrop The Class and Class
Common Stock carry equal rights except that the Class
Common Stock has the right elect directors and the
Class Common Stock, one director.
The balance sheets of December 81 1884 to l943
inclusive and the of prot and loss and surplus
for the years ended December 81 1884 1945 inclusive
of Winthrop and certain additional schedules supplement
tay thereto all reported in Form lo-k filed with the
New York Stock Exchange and copy of independent
auditors report for the year ended December 81 l944
available for inspection the office OF the undersigned az
$50 Park Avenue, New York, New York.
The of sale follows:
l. The stock will be offered in single block and in
parcels Bids for less than all of the stock will be
Sdered unless the aggregate Sof such bids exceeds the
amount of the highest bid for the entire subject
, No bid will be received unless the bidder before
PM of the day preceding the sale or any adjournment
shall have deposited The First National Bank of Jersey
City, Exchange Place, Jersey City, New Jersey, the
of S475 900 in cash bankers cashiers check approved
by the undersigned and payable New York funds 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
auconeer the deposit received from the successful bidder
shall be applied the purchase price In the 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 qualify
person bidder any adjourned sale upon such terms
may be stated in the notice announcement of the
adjournment
stock being offered for sale will be accepted Sterling Drug
Inc of 10 Varck Street New York City, of all of
the 6l50 shares of Class Common Stock of Winthrop
Outstanding has offered So 500 600 for the $50 shares Of
Class Stock and has further agreed if such offer
oeped (a place oneha of the outstanding and issued
shares of the Subsidiaries of Winthrop Voting Trust
with the Alien Property Custodian trustee and (b)
JOIN in application the United States District Court
for the Southern District of New York to Amend decree
in Civil Action No 1896 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 c. Farben other
foreign interests
4. In order TO be entitled bid each prospective bidder
or before PM Of the day preceding the sale or any
adjournment thereof will be required to furnish to the
undersigned
(a) Satisfactory evidence by affidavit or otherwise