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or them by the Alien Property Custodian; and such rights, powers and authority may be enlarged, restricted or revoked by the Alien Property Custodian at any time and without giving any notice or reason therefor, and the remuneration of all such agents, attorneys, bailees, depositaries, liquidators and managers shall be fixed by the Alien Property Custodian and may be increased or reduced at any time.

5. The Alien Property Custodian shall have full power and discretion with respect to the business, property and assets of any insurance company which has been or shall be conveyed, transferred, assigned, delivered or paid over to him, or required so to be, or which has been or shall be seized by him, and may liquidate, reinsure or retrocede, or sell or otherwise dispose of in accordance with the provisions of said " Trading with the enemy Act" as amended, the said business in whole or in part at such times and upon such terms as he may determine, and may devote so much of the property and assets of such insurance company in his possession or under his control or subject to his demand as shall be necessary to effect such reinsurance or retrocession. Where the business is reinsured in whole or in part, such reinsurance shall be effected only in insurance companies incorporated within and under the authority of the laws of the United States, or of any State or Territory of the United States.

6. The Alien Property Custodian shall have the power, in and about the conduct of such business and of its liquidation, retrocession and/or reinsurance to sell at private sale, without public or other advertisement any stocks, beneficial interests in stocks, including voting trust certificates and all other rights appurtenant to the ownership of stocks, bonds, negotiable instruments or evidences of indebtedness, and maps, in parcels, lots or quantities having a market value at the time of sale not exceeding ten thousand dollars ($10,000) for each parcel, lot, or quantity sold. Any such sale may be conducted at such place and upon such terms and conditions as to the Alien Property Custodian, or his authorized agent may seem proper. The reasons in the public interest for the foregoing determination, order, rule and regulation are:

(a) The properties above described can not usually be sold to the best advantage at public sale after public or other advertisement.

(b) The sales hereby authorized may be made at the time and place of most favorable demand, and upon such terms and conditions as may be necessary to secure the best market price.

(c) Unnecessary expense, delay and inconvenience may be avoided.

EFFECT UPON THE STATUTORY POWERS OF THE ALIEN PROPERTY CUSTODIAN AND UPON PRIOR EXECUTIVE ORDERS.

1. Nothing herein contained shall limit or shall be construed to limit, in any way, the rights, powers and authority conferred upon the Alien Property Custodian by the "Trading with the enemy Act" and the amendments thereto and the Executive orders heretofore issued pursuant thereto.

2. All Executive orders heretofore made are amended and modified hereby to such an extent as may be necessary to conform with the provisions hereof; but with this exception, all of such orders in force and effect at the time this order is issued are expressly ratified and continued in full force and effect.

WOODROW WILSON.

THE WHITE HOUSE,

12 November, 1918.

EXECUTIVE ORDER.

[No. 3016.]

By virtue of the authority vested in me by "An Act to define, regulate and punish trading with the enemy, and for other purposes ", known as the “Trading with the enemy Act", approved October 6, 1917, and the amendments thereto, I hereby make the following orders and rules and regulations:

I. I hereby vest in the Alien Property Custodian the executive administration of all of the provisions of sub-section (c) of section 7 of said "Trading with the enemy Act” as amended by an Act entitled “An Act making appropriations to supply deficiencies in appropriations for the fiscal year ending June 30, 1919, and prior fiscal years, on account of war expenses, and for other purposes ", approved November 4, 1918; and said Alien Property Custodian shall have the power and authority to prescribe forms and procedure for the exercise of the powers and authority vested in him.

II. In the executive administration of said sub-section (c) of section 7 of said “Trading with the enemy Act", the Executive Orders heretofore issued by me by virtue of the authority vested in me by said " Trading with the enemy Act" shall apply; and said Alien Property Custodian is hereby vested with all of the powers and authority heretofore granted to him or vested in him by all Executive Orders heretofore issued by me not inconsistent with this Order.

III. The power and authority heretofore vested in the Federal Trade Commission to issue, pursuant to the provisions of sub-section (c) of section 10 of the "Trading with the enemy Act", or to withhold or refuse a license to any citizen of the United States or any corporation organized within the United States, to manufacture or cause to be manufactured a machine, composition of matter or design, or to carry on or cause to be carried on a process under any patent, or to use any trademark, print, label or copyrighted matter owned or controlled by an enemy or ally of enemy, is hereby continued in full force and effect, provided:

(1) That said Federal Trade Commission shall not have the power or authority to issue any such license whenever the patent, trademark, print, label or copyright with respect to which application for such license is made, shall have been conveyed, transferred, assigned or delivered to the Alien Property Custodian, in pursuance of his requirement, or seized by him; and whenever any patent, trademark, print, label or copyright shall be or shall have been conveyed, transferred, assigned or delivered to the Alien Property Custodian, in pursuance of his requirement, or seized by him, the Federal Trade Commission shall have no further power or authority with respect thereto.

(2) That said Federal Trade Commission shall notify the Alien Property Custodian of all applications made to it for licenses under said sub-section (c) of Section 10 of the Trading with the enemy Act, so that he may, if he so desires, appear at any hearing and object to the issuance thereof. The Alien Property Custodian, in lieu of appearance, may file with the Federal Trade Commission objections to the issuance of any such license. In no event shall any license be issued until after the expiration of fifteen days after such notice of the application shall have been given to the Alien Property Custodian. IV. The Alien Property Custodian is hereby authorized to take all measures and do all things that may be necessary or expedient to administer the powers and authority conferred by this Order.

V. I hereby vest in Frank L. Polk all power and authority conferred upon the President by the provisions of Section 12 of said "Trading with the enemy Act" as amended, other than the Executive Administration of the provisions

of said Section 12 pertaining to the designation of a Depositary or Depositaries, which Executive Administration was vested in the Alien Property Custodian by Executive Order of October 29, 1917, and which Executive Order is expressly ratified and continued in full force and effect; provided that this order shall not be construed to revoke or cancel the power and authority in the Attorney General by Paragraph XXXII of the Executive Order of October 12, 1917.

Nothing in this Order shall nullify or impair any license heretofore granted by the Federal Trade Commission, pursuant to the provisions of Section 10 of An Act of Congress entitled "An Act to define, regulate, and punish trading with the enemy, and for other purposes," approved October 6, 1917.

THE WHITE HOUSE,

WOODROW WILSON.

3 December, 1918.

EXECUTIVE ORDER.

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I hereby vest in the Attorney General all power and authority conferred upon me by section 9 of the Act approved October 6, 1917, known as the Trading with the Enemy Act," as amended by the Act entitled "An Act making appropriations to supply deficiencies in appropriations for the fiscal year ending June 30, 1919, and prior fiscal years, and for other purposes," approved July 11, 1919.

THE WHITE HOUSE,

WOODROW WILSON.

15 July, 1919.

EXECUTIVE ORDER REJECTED THE BID OF G. VINTSCHGER FOR CERTAIN SHARES OF THE CAPITAL STOCK OF MARKT AND HAMMACHER COMPANY, A NEW JERSEY CORPORATION, OFFERED FOR SALE AT PUBLIC AUCTION ON JUNE 20, 1919, PURSUANT TO THE "TRADING WITH THE ENEMY ACT" AND AMENDMENTS THEREOF.

By virtue of the authority vested in me by "An Act to define, regulate and punish trading with the enemy, and for other purposes," approved October 6, 1917, known as the "Trading with the Enemy Act," and the amendment to such Act embodied in "An Act making appropriations to supply urgent deficiencies in appropriations for the fiscal year ended June 30, 1918, and prior fiscal years on account of war expenses and for other purposes" approved March 28, 1918, and the amendment to such act embodied in "An Act making appropriations to supply deficiencies in appropriations for the fiscal year ended June 30, 1919, and prior fiscal years on account of war expenses and for other purposes,' approved November 4, 1918, to make certain orders such as that herein contained, and all other powers and authorities me hereby enabling, I do hereby, make the following determination and order:

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Whereas, the Alien Property Custodian offered for sale at auction in the City of New York, State of New York at 2.00 p. m. on the 20th day of June, 1919, certain shares of the capital stock of Markt and Hammacher Co. a New Jersey corporation, said shares being described as follows:

Item I. 3,239 shares of the First Preferred Stock (out of a total of 10,000 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 29, 30, 31, 32, 33 and 34, issued to the Alien Property Custodian.

Item II. 1,759 shares of Second Preferred Stock (out of a total of 4,540 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 24, 25, 26, 27 and 28, issued to the Alien Property Custodian. Item III. 1,129 shares of Class A Common Stock (out of a total of 3,500 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 10, 11, 12 and 13, issued to the Alien Property Custodian. Item IV. 2,249 shares of Class B Common Stock (out of a total of 5,250 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 10, 11 and 12, issued to the Alien Property Custodian.

And whereas, the highest bid received for said stock was $203,845.00, being $116,604.00 for Item I, $42,216.00 for Item II, $11,290.00 for Item III and $33,735.00 for Item IV, which bid was made by G. Vintschger.

The Alien Property Custodian is hereby authorized and shall have the right to reject all bids made at said sale, including the bid of the said G. Vintschger, and to re-sell such property at public sale.

My reason for the foregoing determination and order is that the above stated price bid for the said property is inadequate and not the fair value thereof.

Done in the District of Columbia this 18th day of July in the year of our Lord one thousand nine hundred and nineteen, and in the year of the independence of the United States, the one hundred forty-fourth.

WOODROW WILSON.

EXECUTIVE ORDER REJECTING THE BID OF G. VINTSCHGER FOR CERTAIN SHARES OF THE CAPITAL STOCK OF EMIL GEBEL COMPANY, A NEW YORK CORPORATION, OFFERED FOR SALE AT PUBLIC AUCTION ON JUNE 20, 1919, PURSUANT TO THE "TRADING WITH THE ENEMY ACT" AND AMENDMENTS THEREOF.

By virtue of the authority vested in me by "An Act to define, regulate and punish trading with the enemy, and for other purposes," approved October 6, 1917, known as the "Trading with the Enemy Act," and the amendment thereto embodied in "An Act making appropriations to supply urgent deficiencies in appropriations for the fiscal year ending June 30, 1918, and prior fiscal years on account of war expenses and for other purposes," approved March 28, 1918, and the amendment to such Act embodied in "An Act making appropriations to supply deficiencies in appropriations for the fiscal year ended June 30, 1919, and prior fiscal years on account of war expenses and for other purposes," approved November 4, 1918, and all other powers and authorities me hereto enabling, I do hereby make the following determination and order:

Whereas the Alien Property Custodian offered for sale at public sale to the highest bidder in the City of New York, State of New York at 3:00 p. m. on the 20th day of June, 1919, certain shares of the capital stock of Emil Gebel Company, a New York Corporation, said shares being described as follows: Item I. 100 shares of Preferred Stork (out of a total of 300 shares outstanding, of the par value of $100 each), the same being evidenced by certificates A12 and A13, issued to the Alien Property Custodian.

Item II. 137 shares of Common Stock (out of a total of 300 shares outstanding, of the par value of $100 each) the same being evidenced by certificates 22, 23 and 24, issued to the Alien Property Custodian.

Whereas, the highest bid received for said stock was $237.00 for the entire 100 shares preferred and 137 shares common, which bid was made by G. Vintschger.

The Alien Property Custodian is hereby authorized and shall have the right to reject all bids made at the said sale, including the bid of the said G. Vintschger, and to re-sell such property at public sale.

My reason for the foregoing determination and order is that the above stated price bid for the said property is inadequate and not the fair value thereof.

Done in the District of Columbia this 18th day of July in the year of our Lord one thousand nine hundred and nineteen, and in the year of the independence of the United States, the one hundred forty-fourth.

WOODROW WILSON.

EXECUTIVE ORDER REJECTING THE BID OF G. VINTSCHGER FOR CERTAIN SHARES OF THE CAPITAL STOCK OF MARKT AND SCHAEFER COMPANY, A NEW JERSEY CORPORATION, OFFERED FOR SALE AT PUBLIC AUCTION ON JUNE 20, 1919, PURSUANT TO THE TRADING WITH THE ENEMY ACT" AND AMENDMENTS THEREOF.

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By virtue of the authority vested in me by "An Act to define, regulate and punish trading with the enemy, and for other purposes," approved October 6, 1917, known as the " Trading with the Enemy Act," and the amendment to such Act embodied in “An act making appropriations to supply urgent deficiencies in appropriations for the fiscal year ended June 30, 1918, and prior fiscal years on account of war expenses and for other purposes," approved March 28, 1918, and the amendment to such act embodied in "An act making appropriations to supply deficiencies in appropriations for the fiscal year ended June 30, 1919, and prior fiscal years on account of war expenses and for other purposes," approved November 4, 1918, to make certain orders such as that herein contained, and all other powers and authorities me hereto enabling, I do hereby make the following determination and order:

Whereas, the Alien Property Custodian offered for sale at auction in the City of New York, State of New York at 2.30 p. m. on the 20th day of June, 1919, certain shares of the capital stock of Markt and Schaefer Company, a New Jersey Corporation, said shares being described as follows:

Item I. 460 shares of Preferred Stock (out of a total of 1,250 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 13 and 14, issued to the Alien Property Custodian. Item II. 216 shares of Common Stock (out of a total of 1,250 shares outstanding, of the par value of $100 each), the same being evidenced by certificates 75 and 76, issued to the Alien Property Custodian.

And whereas, the highest bid received for said stock was $47,320.00, being $32,200.00 for Item I, and $15,120.00 for Item II, which bid was made by G. Vintschger.

The Alien Property Custodian is hereby authorized and shall have the right to reject all bids made at said sale, including the bid of the said G. Vintschger, and to re-sell such property at public sale.

My reason for the foregoing determination and order is that the above stated price bid for the said property is inadequate and not the fair value thereof. Done in the District of Columbia this 18th day of July in the year of our Lord One thousand nine hundred and nineteen, and in the year of the independence of the United States, the one hundred forty-fourth.

WOODROW WILSON.

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