:
- 2.
Sandore Rehdera and Co. Inc., Now York, a company stated to have been formed in Doo.1911 to take over the business of the
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arco Engineering Co. The authorisod Capital 18 $100,000 and insued Capital $50,000). The shares are now held as follows, Sanders Rehders & Co. Ltd., $24,00), H. Sandore $1,000 and
No Dividende have been Schulte (an engineer of Treves) $25,000.
paid by this company.
With regard to the first-named, the Berlin Company,
we have examined the correspondence files, loågor sccounts and books generally to locate any possible communications or tra:880- tions between that company and the London firm, but we find no
Certain correspon- trade of such since the outbreak of the war. donce with Sanders Rehdors & Co., Inc., New York, was produced to
us, Buch correspondence being rolative to the position and difficul-. tion of one Beyer, the manager of the Berlin Company, who had written to Bow York roquesting thom to not as intermediaries in ohtolajus money from London to meet urgent nece Bition.
Agour-
ding to the correspondence the London firm refused to do anytƐing, on the ground of Trading with tho "nemy; no entries a pear in the booke to lead us to suppose that any remittance was made.
Rogarding the two New York Companios, we have also examined the correspondence files, leder aocounts and booke generally to ascertain whether any truding with the enemy had been done with the co-o eration of these companies, but have found no
and the cauce for suspicion. The transactions appear reasonable 00:respondence is, in the main, concerned with details of
ordere, delivery, finance,sta.
Buginese with China und the ar East.
•
In examining thi: the second channel of business to which you particularly direct d our attention, wo find that Sanders Rehders & Co., Ltd. oa:duot the major portion of their
astern business through two firme, viz: Messrs. Sander, „iolor & Co.