Evening star., 1945-04-02

that the prospective bidder is Citizen, corporation
organizaon or other business enterprise organized
under the laws of the United States and is not con-
trolIed either directly indirectly, by other than
citizens business enterprises organized under the
laws of the United States.
(b) Satisfactory evidence by affidavit otherwise
thar such prospective bidder is purchasing for
undiselosed principal for resale for the benefit
of 4 person not citizen of the United States or 4
corporation organization, or other business enter-
prise organized under the laws OF the United States
and if for resale to citizen, corporation, oganiza-
ton other business enterprise of the United States
that he or is controlled directly indirectly BY
other than citizens business enterprises organized
under the laws of the United States
s. The highest bidder will be required the place of
sale and upon the conclusion of the bidding to sign
memorandum of purchase which he will agree (a) TO
deposit the shares of stock in Voting Trust with ames
E. Markham Alien Property Custodian, trustee, in ae-
cordance with the and conditions prescribed IN
Agreement A or (b) the deposit, if able TO do
So of onehaIf of the outstanding and issued shares of all
of the Subsidiaries of Winthrop in Voting Trusts with the
said Custodian in accordance with Agreement
B." Copies of Agreement A and Agreement are
available for inspection the Office OF the undersigned
At 23O Park Avenue New York City, and At the place OF
sale and may be obtained by writing the Undersigned
The purpose of the Voting Trust to prevent the return
of the shares of stock control thereof to interests un-
friendly the United States Its duration is for 10 years.
the maximum which may be imposed in Voting Trust
under applicable laws The bidding will be kept open
until opportunity is given the successful bidder to sign
such memorandum of purchase, and, in case the highest
bidder fails such memorandum of purchase the
stock involved may thereupon again be put up for sale BY
the undersigned without further advertisement notice
g. The undersigned reserves the right (a) to withdraw
the shares of stock from sale any time (b to reject
any bid BY the time and place OF sale or
any adjournment thereof; (c) oun the sale by an
nouncement at the time and place for the sale any
adjournment thereof or prior thereto and (d) change
the terms of sale herein forth before the sale
all without further notice advertisement.
deposit shall be paid to the undersigned The First
National Bank of Jersey City, Exchange Place. Jersey
City New Jersey within FIVE days from the date of
sale (unles the last day for such payment be legal ho-
day. in which payment may be made on the next suc-
ceedng day legal holiday in cash or by bankers OF
cashiers check approved by the undersigned and payable to
the order of the undersigned and upon said payment the
securities sold shall be delivered to the purchaser with
proper assignment thereof made without recourse and with
out warranty express implied The right reserved BY
the undersigned extend the time for the payment of the
balance Of the purchase price date not later than thirty
days after the date of sale In of failure of any
full bidder complete his purchase by payment Of the
purchase price aforesaid for any whatsoever
(whether within or outside of his contro the stock pur
chased by the successful bidder may the election Of the
seller be offered for resale in which event the deposit OF
$4,000 shall be retained by General Anine As lqudated
damages the seller may elect enforce the agreement
Of purchase and 70 collect the full purchase price.