The Archive · 1940

Alleged Traps

"If companies or individuals fall into the traps so laid, property owners will not only lose their private rights and interests, but such action will also affect the national resources of the country, with serious results," the order says.

"According to regulations regarding economic enterprises in the war areas, or territories adjacent to war areas, the change of ownership, the transfer of rights and interests, the mortgage or transfer of immovable property, the change of the name of shareholders, the transfer or mortgage of shares, or the conclusion of any agreement or contract between a company, its owner, or representative with foreign firms—particularly in relation to fishery, mines, forestry, or any special business rights obtained from the Government—must first be submitted to the Ministry of Economic Affairs for approval. Otherwise, all such transactions will be regarded as null and void," the order concludes,—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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