Word: interhandel
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Dates: during 1950-1959
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ALIEN property custodians may soon be able to sell their controlling interest in the $138 million General Aniline & Film Corp., seized as Nazi property during the war. A five-year lawsuit brought by Interhandel, a Swiss holding company that claims ownership of most of the stock now held by the U.S. Government, has just been thrown out of court for lack of proof of its basic proposition: that all connection with Germany was broken before the war. Interhandel will appeal, but Congress will be asked to pass a special bill letting the Government sell the property anyway...