- ------

--------

------------ middot----~--

JC1FJ A zvrTI~A Eec1iV1Jr ~ L ~- -rre A~-~ rwo IAmiddot rx - 1shy Docket Jo l4$J~

middot ~ 0i T CCEDl Ail~co Neloon7 liltJOdell 105 ~tiUe amptr~t

r gtmiddot ill DftCiEl iOl yen 0 9 5deg Ji

Cricago J llinie

lncJr tJ-e iu or lgv Clad~ ffret-cnt of 1YltC ~nrJ tho- Tnttlrnet1 Or-3l ~111 ~ ~ r

c ttltmiddotirelt Act cf l 9h9 s t

ro )f~m urc1i rltt e middot It ccuu rn~~________ ---shy

rnnt th~tc loo~ted in the m~trlct of Jiieerdca in irancljalevac ~ and

(t

eviampeiice or (COlCi that John f1 2VetinJl mu ~-pointed as necivegtr of the

corpor at1-on by the United States i1istriet COUJt far the Uorthern

Dietrict of lllino1~ (Civil ~ction b 54 C l5e8) on ~mer 4

19~1

of too mlf8tanding oocuritieamp or tJe gtlrtst Jlmican Yu~slav ~tshy

LgtipOJt (orro-ration ~ owned by individual nationalamp of the n1 ted Statesbull

ant1 that tl-)f clai rl c oEG wttMn the t nl of rtide 2(b) o f tho Agreshy

~ a qmaTY knmm as nv~_ itrleh va mtimmliied bI the r~

of nfOSUtvia on ~ 5 J946 pUl8Uant to the I411 EerBlCing the

or fecentler 6J 1916)

Claimant a4ks ~50027274 fer all of the property- exclusive of the

~ C-r~1ty ~ Jasenica1 f~elovae under Ho l8791 on OPtobor 81

12~ t-0 tre emiddotifect that the vab~e ()f tre property 9Xielusive of the

conct$ ion Wampi worth 27013-63f dimsre Clairlant aho filed a photoshy

~tic eow of a ltlooision datarl January 13 19Jl Ye i-gtl1108 38 of

er evid9nee beforP- the r ommlttion shm-D tlet the corporation

obtoiltoc a ore-half irltie1-eE=t in the bullivencac mining property inbull

eluding th~ coneesiltm i~1 Ivnn l-~ lOSfViC in ccntiideratttm f-m the

esnee11ati 4l1 of e ~h6ano note all Umiddotfl pound-~nt to li ~l of 2 000 000

digt19re e

Tne 1~rnnent of middotinr081avie has f~ an appra~ dated Navemlxr

lJ~ 19) r No 9$91 in which the real fmiddottOJllerty equipmnt machinery

tool$ bullnmiddotriturc vehicle11 and crl~r~llaneOUS ifaterail1 is nilued at that

tie at 5871~000 dinars Ihat -~VfMment hampt 8(vised tbs C~scion

thnt the value of the ~ble ltr-1DIT1 vnetmt l ot busine~~ (~1nistration )

bu11~i1r pounrl- foor residPntb1 lbulliildin a one- i tory red 0011til

buiblir1~ joier s 11rorkehop~ cnnteen end reeidcantial building- stoneshy

CJ ttm~ dmiddoto~ machine worlahop one--ory resic-ltial build~~ lfith shed

and other lt0nf-tr1Jct~l~n6 had a val-oo of 2829h8 d1nare on tlw basis ot

193-lt~ val 1gtes That (ov~nt aloo advited that all of Uw llaCMno~ foimd

on th~ 1 T11nni~e~ were mm ootn and t~at parts of the -rachiWs Here can~

mmy durin1middot the oteupat1011 ant other ~chn~s winbullo taken by the occupator

l-pon tha ba~is o f that dnta t1e middot OVMntient of Y1F oamplaia arrai~4d the

remaimnf~ peraoml fllOI-rty i1 nccorcampnco witL l JJ8 vamp11te~ at 5llCO

lt1rtars It iamp tlllegcd that the pelronnlty wtw depTfciated ~ ~ause

of Umiddotmiddote liirlt~d llt o~ thl niniw~ lt)n(eESion

_lJl inVestigstfgtr f or mis l CYfJcis~middot )on irtS(middot~CUid t he 1lOf)trty ~M Bde

an int1~id~nt appraisal thereof ltkl the ~is of that ~micropraiesl the

CornllUsion finds tha f ollowing values in dinarsi

bull bull bull bull

~ c wfhhO remmiddot~ 0 r lnnd ~-dnii=--aUW buildingr ddtntial hirlJdinramp resid~tt-1ti ~i16

r a rlnttZ th~p middot entraden middot~ ~ie~nti~ btlUd ngt 0~middotc

-~~~raquo iiOOp 1 a$icN1nce Clt1mr i~gt~tl~rontfl ~ ahirary

07t1 bullbull bull

- s shy

lbe Govatgtnment of fng)slavla has filed a cert1 tied extnet trltraquon

the ei~ ~egl$tey ffica of the CadalJtral ~ibtr1ct ~f Panja Docket

f oJ J )ltling liens afe rooGrded a~enst i t

1 ~eceivCd ~ugu~rt 30 19Je ~In ~ 1 6ltJlt 38 Upon

the ampp~t _nd ()n b~sis of the C~trtiftcsttl of th~

Diatrtct COOrt in t1-andjel~ae No l5l~J~ and

of ugosJavia

th~ R~ ~nd on lasts of tu~ Cn-tfiCttt~ of the

Distrlet COUt in ANtttdj~l(l09c No ~261133 and

-6shy

the ieport ~nd on ~sis el thtt Ce-rti i1catP of the

Trtstriet CouM n ilrandjalCWJle No R 1510J~~

r ti- 74l M 1~rt l of the i itv on ~ r ooks I bull bull middotbullbull bull gt1 ~ Lcli -tQH bull

to JOGooo dinars ln favar of roontj Dorio

73162 68 diners in flaquo1vo~ of Jeysn Miljus a Swehtmt

conc0asior No par-tieulnr value is given to it ~ut it is alleged

~wble industry bullveneacbull vu a concession bull bull bull 1be cooceEsion aas oririnal~ isa-~ed bullbull bull on Auguzt 8 1912 11 iqJd had 3 terro of )O years It fOUlc expiT~ bull bull bull on ~uir~~~ 7 1962 ft

wit~ reqiect to op~ations froS 1923 to 1931 Clstimant operawcl the

lttMlY for ~l proxinmtely tlttgtn Monthe ltring 1931 Clahmnt di cl not

operate tl~ -urory t he1middotea f t-r I t an~ars thet snce 1931 cl aiIJlrurt

he trrm of arry concereion as t~ whiltplusmn t -a omer en~red inUl poz~(gt-ssion snd oz~nted or a $t i~riod of yltlsrs was auto3atictlly and bJ lat extrndfltl for fift y yesrfl beyond the i nitinl 0tiration dt=1te

rt is our ll71rler~timding that rrining eoneeesione are regulated by the

~ aOOnded January 27 1900 Accordin~ to that ltirw t heuro hol dfgtr of a

for loe~ of posaesion of the property fror11 Aupuet 1 1931 tc July 15 1940

- 8 shy

on a-ceonnt of the ille~l action of the 11strict Court in arpoifttin tr

on [eptember ~S 1939 Po-6lih39 for Mmmity (damagee)

feYr the amtt1mt o lh5h3077C3 dinas ($middot290UJSh )~

tlieh s nit is still relldilf M~ unde~rcloodJ

Xort-bzpoi-t Cort-Oration in the tis triet CoUt of

Eelgrade on June ) 19liO tgto-h2h10 fer 1nclemnity

(dama~n) in the ampmunt or 981978 ~ dinars

$1966)9$7) which E11it u etill f ending and tmbull

determined and

Export-Ilport Corponrtion 1n the ititr-1et Court of

E~lgrade on March l lhl gto-19341 for 1ndem11ty

(damages) tor the f 11Cmt of 12 749 bull JL dirsrs (t2JiSlt9h)

11 bull bull bull fhe ~1~1m atDttlod ~o not i nclude crei1tor inte~ast1J They are cantined to rl)9l ntet~st in prc~tty Oi thar legal ar beMideg1tialbull direct O lndireet lh1s is eonsietent ldth traditional Uni~~ St~ies policy in connaetien tdth esptn~ssls

GOT~rnmert of Yugoslave on seaoont at th~ naticn~11zetioo lUAd

in end with tgtltfgtBp61et to pro-pwty 1 whieh OltCUMed bfittean Sept~r l gt

19Jt ~nd the date het~ot (July 19 bull 1lt148)

entirety

NOV 2 6 1954

I ha-at~- Cmtify that the vithin is a trutt and eorreet eapy of the (Ji~ina1 --raposed ~csion on file with the CorttnisJ1ltm bull

_ _ llltftPbull bull 1 I f middot--middotmiddot---middot-middot-middotmiddot-middot-middot---shyu

u llrN 1~ ~wrua feos1 ~gtn sT A~~ia~N YJ-3QH~v ~mTshy

II u ~~t gtbull Ybull lJOh

pf+lt~~T CClUltlfAlXOi co ~l$oa Lloadiall f ~111 lOS Solth LaSalle s treet

u 1~ishy Jio 1511

ChiCitgo 3 IllilKdB u -~~r ~ 1uMlaY Clu A~rxmt ltf 148 11M tllamp rnturnrbullt1~ Clltlitws

u 1

~ttlutent ct of l9h9

FtnAt ~ ECISt r H ti --- ----- shy

OD JiCVllmkubull 26 J94 the cadstlCll issued itB ~I iffibull

sireg ~ th eldm herein 1n its ~tret7 en the ~ tMt

tilore appom-~d to bi1 liens igfdnzt the ~rt) meB~ of Ute

v~ bf the yi~etll u~ts ~r ~ Veneac quUlT) am thllt th~

1niS ~lent arldEnC$ to ~~ ti Valle Of tM lddq CCDshy

~ hbull filsd objeeti~ With a ~ in r~ort 1~eshy

or and a he~ bQa bcGll held at ttnicb additional doemlletary

evid~ ~ filed and~ bad~ to nub 3eetimme Bndl at

tho ~m~ obJ0ctionn irlll oo oOlJfS1d8Nr4 treriat111

(lbjectim to~ dedJctim flt cmctlllraneee Pistbg ~mt

the ~arv at ~ ti= of tatnu b ift cosintct 1f1th a p1aiple

c~1$tentlr adherNd to bJ ~ C~lon 1n to ~ttClft of

ill cliUs httf~ it he ~i~ in its ~ticm 01~

c~ -tt~tdnut tugosl~vu it fliractfl4 lv th0 JJ~tianal Cllat

Sr~ttl~nt Act to appla (1) tbG terlls of Ulti ~e~ with tlu1t

tOUDtdeg7 and (2) the applicable prindp1e of intem~ bu

j-atice dd taqtd~ in tbrt oriwe 1ho ~tmt coatdnJ no~

fie ~ regarding ~middot ~e bWe rmlJld m swltcable

~QlJS ai arbtnl triblmAle fntematieMl at dcm~tic1 hafDg

lflamp~lbUJtf tat tiraquo ~tie ot clam Ubich were sattsfted

u the p~ ~ a llmp-e- (feenue flt ibe c~ottveJ7 recent

a~cQ ~l~ 1n ~ of l~rge bloeks td tnternashy

t1onml cl~ it 1pound dwbted titat~ are~ mctdms

dSreety in potnt)

It 15 om vtew tblit ~ice am eqmv to all c1dntmt9 reshy

qtdne a doductioa 1~ artgaga mdm the eboulllstances Sfnll~ad 1n

fbe eJaW 1-fOle us-bull ~ther tMmiddot p~ was Wken befen ltr arter

tru ~tcnad tvgoelav debt eettleaalt lesr bec2m effecttve

Ul0 llqJ-ampWll Of m cxnooo a bee povtled fer tbs satet~hm

or all ehU Ae tbe cleime fUed ~ate ~~ the~

~ the 1mkt mq be SmmttideS to pa- tll claim aUoret1 in

fUl1 lD thoGe crcwmtmeesbull wo beltew ws an Oblllaquoated to lbllt

our oatdfs to actual ~ Jmaee md ut to Mbt gNnltkJ fbull c~

~ losses vnidi ~ Mfor =~bull W aleo ~ thlt

llte-n ~c~~ to ~ ln a fmd which ~ PN tmdeshy

quate _ Clla11uJlt aboUd Mt ncefra a vtmfilll w be ~td st

Ile ~ of ottael clatamte ala wlaquol1d be tbe oan 1f a clU

mt Who vu ~ tho tull vslue ~ hls praputfgt md8 no Pflllmt

OD the ~~ _ saiisftsd tbfl ~ debt middotbJ pai_t of lta11

1~ ot th9 ~ pmmwlt to the Yugeelam debt nttlencnt lnr

tcc~q ft hold thd ia the ebcl011Ce et sYidece that a mettshy

goampe o ~ bae been antu~ a demacticm fltr the artgagemiddot DWlt

be Jliad8 1D ~ to ~ tlse ~tunl ~ ot cla1marltbulle loea

~~~1evot~ in fi3~ c~im thtio~ h~ ~n alldttud doc~mey

ev-~dcnce ~ tc tb11 ootist~ti~lfl ~ dedBgQ of ~J of ~~

tiler~ot it armiddot~ th~rt tiw se~~ ltif twn t litm~ NClaquodad is

-etubulllls I Ctnllzttiv~ fig~ $0 tllrt only the ~~ er

~6099J ~lS t1~m dte ~t the ii~ oft~~ r~ fhtm two

ropal-t c ~x 1t-alJl3 Claimn~ by laquo~-7 Clfheneo hae also

~ a s- middot~iF~~ thcl tne OO~~~ listM as ltel 2 ro ))QJG S

1XJrl iterw 2 mltl 4 el patcopy 6 ot thtJ r~ r6c1den were paid

nl f1ischtlnn~laquoJ prlor ttgt the amp-4e ~2 ttiltJg it h~-e fsamperaquo utabshy

lilbad ~t Ulltt ~-~ ri middot-ht middotof iboo~reg ~re il ~VO GI

tl14 ~~i i~l P-tmk of Its rlt1J1tttlM1 ef ~wJia ws t~ ~ a

liYJe rll c~dit ttpound iihilth ~ ~mt ru i~m dingt~ ~is ~

~~~ anzl ~elt_ ot t hi tiLR ~ t~ ~itamp ~et to itet

~ttlXe~ tJte mlaquo-t~~~c ~f 2J90t000 ~ amlt 731163 dtm~rs

tn f nv~ ot t~itmel lUettb ettd ~iovm ~U l1mh ~t ~ Si1d1shy

~r-libull and t debtor in~ in ~ tmPCrati~ thltq are

~~tt~ unrcr the ~ ~~ ft21 u~rttrg both Th9 tilicg

c th~ clim ~ the Feceiver i laquo ie~ c~1tion ~be cmshy

-4shy

t~t tlSe ti~o ~bareiae-Jdar ~ortg~1e from tt1e wlu of the co~

amptlon ~~te ~ould onlyen ~d-m~ middotU1e tltece1~11 s ampld ( ~trn~~ im

tWlro wre ~) tc lbidl the tmiddotAO creditors ettll JI lQOk tor ~

mnt of be mo ~3gtl a~ Ind~ ~~ltl~cs bst been illed tta~t

i1chi0l ~~ii h~ tlloiCy iPatiWtPd mi ilttiM tn th5 diebt l~DISt

t() c~p~tieraquo Q ~)dX-t thEIS ~~Jr~~ he-re Wagttld llVmibull

ictstlQ ~ illeqtUtnJgtle

i1Jeuro CoJmiddot~tdOl (Oftlnde-r fr~ tbs Pnt1-ro record that tru mm

ot l~gt9$4 bull~inrs ~ t ~l e~o-rkroi ~ mrt~t~r-nL1g flet~rlt4FCeS

gg~rwt the PlOi~ t1 i t tl~ tt~ Df t tkinebull

cta~nt9 fJ ~ccentnt m)jICUltm ~1~~ fo th$ ftdlun ot tho

flltepgt~d )e~U i un t o middotM~ibe a VtJJ~ middott-c the ~uinrJ celC9ts1on

ette~ ~QnClim b~~ lthw to lidt flt avidetrtgtQc middotme cli iwmt hne

filed )todgtxtien mtt ineltJAS Eitamp~istt~s f~ the ~018 1926-1930tt

arrl t~ affW~vltct of ~ ~m~ qlBnY mnagcr 5M a ngoolav

airjre e~nsei~ ~ tc t~ snrltal r~b lf ~on the ~ et

=rrble ~~rioo pa$f ~oita and astimted velue ol tbQ ~oshy

RiOU ib-e Cwme ~rut~ ~ ~cxn ~ as his estiaate at

tbe axJtilial ~t m~ to- thf ni~~ life flf tN c~erlettbull

lhe l etctll MLliTig exp~bulla op1nt= Yalit ~t tberf WC4ld be s tQt~l

zwt JJOfit of 2i51JOOO dinns m-~o be attmt fYl th~

ft1u r ~rmascr appe6~ to be ~th -more ndisti u to ~e opershy

aMr~~ petrntitl ot t~ qlftY ~tnee the proolletit~n ~m-08 fCft

ldlich his c~ttom nre ~efld are~ noor~ in ~oam

with thi1 vctna1 ffffmiIB f 11Pd bullHb thi ~bv r~ ~pgrblllt

of hi -~ or 7~-ett cnC ~9 ltr the pm~ prior to ihe

8 i1 Oe~q1poundtfll 11

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wae riatdemiddot IDlmiMr Wbetber or not tbc CCID((lssi~ would lllabull been

n~1 ii ~e e~~middot AccortU111~ Use mue of tlle qttalTJ

ree~rve1 1$lSt be ealculamptod ~ tbft hois at a cenecnien with

eirl-ce yeaS ~t ~ nm at tbe time or the tadag

fmmiddot tiw ptrieid o tf1llcgal ~7fell~ ~ 1- 19)91

is rejeetod ampincn luch qpriVitiQft Qf polSampeAion a flOt Wltftin tbG

con~l8titm ct tbe W 11nltt i mnlUation or other t4k~ ampe

rOlllC ia ~ ~gncmrmt of ~ 19 l918 flta rs~~ct to the clnm

tb~t clkiampbullt b-9s prevampiled ll bis lt()tr act1laquot in Yngotslevla mat

that M ~ldm t or dM0geD ia an lml1quidftd one W1tb rin ovishy

denco UJ to tbe vnlue~ li fflflbull of web e~ it 13 1lpGe~ible to

iBlllde tr c~erat1m thlJt itaia u mi aaffte

middotll the nuu of ther entiN recombull themiddot C~i~silte cancludos

tn~~t tbcit fair and rcaaomwle nlue ot the p~7bull 1nclud- the

~resent ~ of the D~~ ccncadm~ and ldnue tAo otrt

st~ encllbrancea ttakfm bi the o~t of JUgcdana vu

J64211amp6 dirwe u ampt 1ZKt 1G31 19389 lhat aNOunbull converttad

tnte do1l~ at 1hti n~ of 4h dinws ttl $11 the rbullte atlopted bl

ttw Co)frdS-3ia21 11l midDg 5~ d upon 1336 Rluat-1oubull GQW3ls

$62116o5bull A1-c~ tho C~si~ aer~~ a~OJ)ts tba ~ed fcc1shy

sim a~ its F1Ml leeinon in tba ch1lll here~ ldtll t2e tallering

tmtkod of a ampmid ot the clailt poundn itlt ampmiret71

tile C~ia i1nd$ ~ V3lne CJf th~ ~_

taken to bG ~27760$ am_ ac~~1 rt

wae riatdemiddot IDlmiMr Wbetber or not tbc CCID((lssi~ would lllabull been

n~1 ii ~e e~~middot AccortU111~ Use mue of tlle qttalTJ

ree~rve1 1$lSt be ealculamptod ~ tbft hois at a cenecnien with

eirl-ce yeaS ~t ~ nm at tbe time or the tadag

fmmiddot tiw ptrieid o tf1llcgal ~7fell~ ~ 1- 19)91

is rejeetod ampincn luch qpriVitiQft Qf polSampeAion a flOt Wltftin tbG

con~l8titm ct tbe W 11nltt i mnlUation or other t4k~ ampe

rOlllC ia ~ ~gncmrmt of ~ 19 l918 flta rs~~ct to the clnm

tb~t clkiampbullt b-9s prevampiled ll bis lt()tr act1laquot in Yngotslevla mat

that M ~ldm t or dM0geD ia an lml1quidftd one W1tb rin ovishy

denco UJ to tbe vnlue~ li fflflbull of web e~ it 13 1lpGe~ible to

iBlllde tr c~erat1m thlJt itaia u mi aaffte

middotll the nuu of ther entiN recombull themiddot C~i~silte cancludos

tn~~t tbcit fair and rcaaomwle nlue ot the p~7bull 1nclud- the

~resent ~ of the D~~ ccncadm~ and ldnue tAo otrt

st~ encllbrancea ttakfm bi the o~t of JUgcdana vu

J64211amp6 dirwe u ampt 1ZKt 1G31 19389 lhat aNOunbull converttad

tnte do1l~ at 1hti n~ of 4h dinws ttl $11 the rbullte atlopted bl

ttw Co)frdS-3ia21 11l midDg 5~ d upon 1336 Rluat-1oubull GQW3ls

$62116o5bull A1-c~ tho C~si~ aer~~ a~OJ)ts tba ~ed fcc1shy

sim a~ its F1Ml leeinon in tba ch1lll here~ ldtll t2e tallering

tmtkod of a ampmid ot the clailt poundn itlt ampmiret71

tile C~ia i1nd$ ~ V3lne CJf th~ ~_

taken to bG ~27760$ am_ ac~~1 rt

~~ tt- Jabil Abull Zwtimt Raceiwr for the first ~ic$ YugcslaV

amp~middot~ corm-tion claiunt~ in tJl(l ~ ot ~21T60S1

d th biterlaquo11n thereon at ~ Pmiddotr armut1t trom reeelilber s 19461 tile

dte ~middot nntiomdW~tiM to t~1USt a_ UhB the date cf~ by

the f~rernwnt of TugatilarUl1 in the oOuftt at ~61$04hleltr

riatad at ~-~n n c DEC 3 O ~954

1 benb7 cerlil) th1t tbe within is a true am carrect COW

of thr criginal Fiml Decision Oil fUe with the commsaian

[) ) - shy-nepu~middotc~ middotOfgtQtg~ston

~ Fbullr the caadtudcnbulla reasom tor bullbull ot 1938 ftluGtlezasbull use ot e~e rata ~ b4 to 1 Md the ~Uowancs of ~ eea atshyt~ct copy ot Jte doeisicn a tJae clldm o Jmeph SmHtre