Newspaper Page Text
Twa
THE SOU THIN IKIAILITI
Friday, December 29, 1941
LEGAL NOTICE
oouwTY°or
To tjS L-
or said a
HOLDIJlO^CO?
ojtWr at this Court on
of November, 1M4, fir
thirty-ftva <M) years nd„
Provision* of the act of the Oea-
Petitioner now destrss to niiimfii
sKELr trfijxsfflrs
tonatnoto 1U corporate sAetortna; and
to bo dissolved by proper order and
decree of thla Court.
sJJ?
■tor kh olden or any person havtna
any claim of any character against said
IMViSTMENTS IN ISRAE L
BJOIKD TKL.AWV IMCI PWANOI QUOTATIONS export It is expected that
SELECTED
DECEMBER 14, 1M1
Nnr, 1M4 • Oct, 1M1 B—4o (9 UaM, percentage of face raise)
National Oil, 5% conv. deb. 62/71 96 1/8
Fertilizers it Cbemiols, 6% deb. 62/71 102 1/4
Gen. Mortgage Bank, 6% deb. 62/71 101
Shares (9 per unit*)
90 S/4
98 1/2
95 3/4
Ttet the Beard of Director* of the
petitioner determined it artel cable that
and duly adopted a raaotoUoo to thli
affect and nailed a ia a aflat of the
for the purpoeo of oon
for the pureoee o
iHaoatntloo of said
at
aaat and watrer at notice of the call-
a g>.‘y..r«Bfc»yfcjna;
AJterta, OeortU a reeolutlon waa
■ fteptaf by the affirmative vote of the
owners of the entire outstendinf stock
of the corporation authortxlns and
SPSS'S Tte
terms of add dissolution and Hnalda
Uon bcln( aet out tn th» minutes of
Sf z 'ar IJS.'-"
Atihnta, Georgia and the terms at
which are set out In the minutes of
aaM specially called directors' meet
In*. A certified copy of said resolu
tion is attached hereto marked Exhibit
A” and made a part of this petition.
Your petltoner shows that the terms
ef said complete llqukUtion and rtle-
solution ware completed on or before
.. -•—, petitioner prays that
It be dlesolred as a corporation and
Its charter and franchise be surrender-
mi to the State of Georgia as provided
for by law.
Samutl L. EdUo
Attorney for Petitioner
IXMIBIT "A"
Excerpts from medal meeting of
stockholders of CBVTRAL ATLANTA
HOUMNO CO held at 141 Peachtree
Street. N.E.. Atlanta. Oeorgls an Jons
Sth. INI, at 11:00 o'clock A.fc.:
"After a fvN consideration and open
Unenlmovtfr* carried/ It'
■ssoLVfb ttiet the „
CQniPlrttsIh lltilrfsthfl — — ^
'wBTHts ISsOLVSP that the Nan
ef Cemptote LteuMetten end Mesetw-
tt*« Cempsny proposed hr tee
Beerd of Dt reefers at a special meet
tee held an June », 1*41, (e eery at
which has been premnted to this meet-
te») he and ta hereby ratified, ep-
prered, end adapted.
Cffwpmy oftogfod iffhdtoc a&dh p|g^
PUkTHSS RBSOLVSO test tee Offi
cers end Directors at tee Cempeny
ere hereby avteerimd, emnewered,
end directed tn de any end ah Hdrips
In Its name and behalf which they may
deem necessary ar advisable la carry
evt the purposes and Intentions at
I *
such plan. 1
Excerpts from special meeting of
Board of Directors of CENTRAL AT
LANTA HOLDING CO. held at 141
Peachtree Street, N.E., Atlanta, Geor-
Js^on June S, INI, at 10:00 o’clock
"PLAN OP COMPLBTS LIQUIDATION
AND DISSOLUTION
1. Central Atlanta Holding Co., here
inafter called the Company, has issued
an outstanding MS shares ef common
•tack, at the par value of tlMAS per
share. The Cempeny will cease the
active conduct bf IN business end wind
up IN affairs end, within the moaning
ef Section tn at the Internal Revenue
Code of 1ff4, will Hgvldate and dtstrt-
teste all ef Its assets In ssmplsts
IIguMotion, lees any assets retained to
period battening an the date ef the
■dipNon at Nils Plan of Complete
U pw da Nan and Dissolution.
X The Officers and Directors at the
Cempeny ere authorised from time to
time to napeHate and to consummate
sales of all er any portion or portions
of tee properties ef tee Company, an
such farms end cmsdlftetis ee they In
their discretion shall deem beneficial
to the Company, Including the assump
tion by the purchaser or purchasers ef
any er all itoBWWoe of tee Cempsny,
subject to any isgsklis eppceml er
nl^a . -- Itu Ikn Us nBsf- - * » as- -
••"w* E1MWI Bf nit BlftRriDtNtn DT mf
1. The Dlrectors may tram time to
time sutherlae ana er mere sNsfrlbu-
tions at prepsrty ef tee Company, In
cash er In kind. In a series ef Metrt-
buttans In fanipNts liquidation, re
taining such assets as they may deem
necesmry In meet claims nr llsblNHes
at the Cempeny, and te santesue tee
eperatien ef tech PreperNes ef tee
Coni^9ny sc flAMA fet** AAttf Af MtA
Nme at any sack distribution.
A Prior to tee sxpIreNen ef tee
twelve monte parted keelnninB an tee
dote ef the adaption ef this pun, such
ef tee a seats at the Cempeny ee have
net previously been distributed, and
in tee opinion of Its Dimeters need no
agLrjgg&aaJTrjS
helps rs of the Company's eemmen
X Bach at the foregoing dNfrthuffene
In complete liquidation snail be In ok-
teenpe solely for, and In sssnplste
fBBMhpNen and can cel lotion ef, and
M ppppisnl ter, all ef tee sutstsndhm
snzzssis jo. ■s-sruS
SO determine, surrender their
teetss torsueh shares fwrreeerd-
p^h*he Nn.r dlstrlbMNen, 11 *wssdi
sder such cerNNcetes far
•pen rseelpf ef tee final
tVfMfllM,
rs and Directors ef the
1 $/$
«
Fertilizers St Chemicals
5 7/8
13 2/8
8 5/8
“Ata” Textile, Common “B”
(25% tax limit)
7 6/8
15 5/8
11 3/8
Assis, Common “B”
12 6/8
12 5/8
8 7/8
Ana. Israeli Paper Mills
7 5/3
21
16 1/8
“Delek” Israel Fuel, Common “C”
(25% tax limit)
14
25 6/8
17 7/8
Bank Leumi
17
25 5/8
12
Gen. Mortgage Bank (25% tax limit)
11 1/2
23 7/8
14 3/8
Bank Leumi Investment, Common “B"
13 6/8
18
16 1/2
Ellems Investment
16 1/8
13 1/8
8 3/8
“Rassco” 8% pref.
7 5/8
‘Prices are given for one unit of 10 shares of one Israeli pound
par value per share.
ELECTROPLATING ELECTRONICS
S c h e r r-Tumico Inc. of St. Epsco Inc., one of the
s fast-
James, Minn., manufacturers of
engineering measuring instru
ments, has decided to set up an
eiectroplatiing plant in Israel, in
addition to its projected plant
for precision instruments. The
company’s overall investment in
its Israel plants—to be located in
Lod—will be $1.4 million.
The new plant which will treat
metals of various kinds, will
service not only the company’s
precision tool plant but also the
local metal industry and will
earmark part of its production
for export. The decision to estab
lish this plant was reached dur
ing the recent visit to Israel of
the company’s president, How
ard M. James. Construction of
the plant will start shortly and
production is scheduled for the
beginning of 1962.
growing electronics companies in
the U.S., plans to extend its op
erations to Israel and establish
a branch for the production of its
medical electronic equipment.
The project, which will involve
an initial investment of approxi
mately $400,000 in building and
equipment, and over IL 1 mil
lion in revolving capital, has al
ready won the approval of the
Israel government.
The idea of establishing a
branch in Israel was adopted by
the company when it became
convinced of the availability of
local high caliber electronic
engineers. Initially Epsco will set
up in Israel the research and de
velopment operations of its
medical division and, at a later
stage, it hopes to assemble and
produce locally instruments for
from guellfcaHon In any ether ttite
whenever they deem such action ap
propriate.
7. The Officer* end Director* of Hi#
Company era authorized, am powered,
and directed to do any and ell other
thing* In It* name end behalf which
they may deem neceeeary er advis
able In order to carry out the pur-
poeas end Into^ktions of thla plan. ^Phey
•hall he held harm less by the Com
pany for any action under thla plan
Jakon In peed faith, and any expense
er liabilities to Incurred by them
(hell be that of the Company.
t. The Officer* and Director* of the
Company ere authorised, empowered,
and directed to do any and all other
thins* In Its name and behalf which
they may deem necesaary er advisable
In order to carry out the purpose*
and Intention* ef thla plan. They shall
be held harmless by tea Company for
any action under this plan taken in
pood faith, and any expense or liabili
ties so Incurred by them shall be that
of the Company.
t. It la Intended that this Plan of
Complete Liquidation and Dissolution
shall be a Plan of Complete Liquida
tion within the terms of lection S37
of the Internal Revenue Code at IM4.
This plan shall be deemed te author
ised such actions as. In the opinion
of counsel for the Company, may be
necessary to conform with the provi
sions of such Sedan >37.
PURTHER RISOLVBD that a special
meeting of Stockholders of the Com
pany be celled Immediately following
thla meeting, ter the purpose of sub-
mtftng the foregoing Plan of Com
plete Liquidation and Dissolution to
the Stockholder* for ratification, ap
proval and adoption.
PURTHER RISOLVSD that If the
foregoing Plan of Complete Liquida
tion and Dissolution Is ratified, ap
proved, and adopted by the Stockhold
er* that the Officers and Directors of
the Company ha authorised, empow
ered, and directed to do any and all
things In Its name and behalf which
they may deem necessary or advisable
to carry out the purpoeea and inten
tions o4 such plan."
L L. A. ROSENBERG, Secretary of
CENTRAL ATLANTA HOLDING CO.,
hereby certify that the above la a di
rect copy of the excerpt of the special
called meeting of the stockholders of
•aid corporation and that the above
Plan of Complete Liquidation and Dis
solution la a direct and correct copy
of an excerpt of the minutes of the
Board of Directors of said corporation.
L. A. Rosenberg
Secretary
ORDER
The foregoing petition of CENTRAL
ATLANTA HOLDING CO., having been
read and considered, and It appearing
that the petition la legitimately within
the purview and Intent of the laws of
the State of Georgia, and that there
la no reason why the corporation
should not be dissolved and Ita charter
surrendered to the State of Georgia.
IT IS THEREFORE ORDERED,
JUDGED, AND DECREED that the
prayers of said petitioner be and the
same la hereby granted and the said
corporation la hereby dissolved and
Ita charter surrendered to the State
of Georgia.
Let a copy of the foregoing petition
and of thla order be published once a
week for four weeks as by law pro
vided.
Dated this 12th day of December,
INI.
Stonewall Dyer,
Judge, Superior Court,
Fulton County, Georgia
Dec. 71. If; Jan. S. 12
»mno
BY HENRY LEONARD
TEMPLE CRISES:
THb fim# when th# octress who converted,
attended h#r first services . . .
export It is expected that the
Israel branch will fill export
orders from Europe as well u
from Africa and Asia.
If the Israel plant proves suc-
-:e3vfu' it may expand into other
fields of electronics, including
research in electronic equipment
for therapeutic purposes, mainly
for cattle and poultry.
Epsco hag its headquarters in
Cambridge, Mass, and plants in
Pennsylvania and California.
The company builds instruments
for data acquition, translation
and control for industry and
military and medical purposes.
PROSPECTS
A large group of investors
from Canada is scheduled to
visit Israel in January and a
group of industrialists and busi-
nesmen from Mexico is expected
in February.
TRANSFORMER
Edward Fischer, president of
Tresso Inc. in P h i 1 a d e lphia,
Pennsylvania—producers of spe
cial transformers for the elec
tronics industry, will set up a
similar plant in Israel in part
nership with a local company
with a fifty-fifty investment of
$150,000. Mr. Fischer visited Is
rael recently along with a group
of prominent industrialists from
Philadelphia, Pennsylvania who
came to explore investrhent op
portunities.
TRANSPORTATION
The Zim Israel Navigation
Company is now considering a
plan calling for the sale of part
of the company’s stock to for
eign investors.
According to the proposed
plan, some $30 million of stock
will be sold to five groups of
investors, each of whom will
acquire $6 million worth of stock.
Each such group will be entitled
to one representative on the
Board of Directors.
Various investment groups in
the U.S.A., Mexico and Switzer
land have reportedly expressed
interest in this plan. At present
the partners are considering how
each should allocate the propor
tional amount of its stock so as
to create the reserve that will
be offered.
OFF-SHORE DRILLING
The Israel Investment Authori
ty has approved the request of
the Canadian Petrocana Com
pany to expand its oil prospect
ing activities in Israel to a total
investment of $4 million (as
against the $400,000 called for
in the original plan). The com
pany will engage in off-shore
drilling along Israel’s sea coast.
Russia Sentences
Another Orthodox
Jew to Death
LONDON, (JTA)—A 52-year-
old Orthodox Jew was sentenced
to death by a Soviet court at
Tiflis, the capital of Soviet Geor
gia, on charges of “currency
speculation,” according to re
ports received here this week
from Moscow.
The defendant was Mordekh A.
Kakiashvili, who was not identi
fied as Jewish but Soviet press
accounts of the trial made it
clearly evident he was a Jew.
The Soviet press reports said
that during pre-trial investiga
tion he declined to sign a state
ment of interrogation on a Sat
urday. The Zarya Vostoka, a
Georgian newspaper, also quot
ed him as saying: “Today I can
not. I’ll do it tomorrow. You
understand."
The news followed reports of
death sentences recently im
posed on Orthodox Jews in Len
ingrad on similar charges. Ob
servers here suggested that the
trials and sentences might rep
resent a new Soviet approach
toward getting rid of Jewish re
ligious lay leaders under the
guise of charges unrelated to the
real Soviet objective.
12-Week, TV
Hebrew Course
NEW YORK, (JTA) — A 12-
week series of beginners’ He
brew lessons on television was
started this morning over WN-
BC-TV Channel 4. The lessons,
sponsored by the Radio and
Television Commission of the
New York Board of Rabbis in
cooperation with the American
Zionist Council, are designed to
increase proficiency in the study
of the Bible and prayerbook.
t®.
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n«od itl For now homos or romodoling,
chooi# a Jackson gas wator hoatorl
B
Tuxedo Plumbing & Heating Co.
3143 Roswell Rd., N.E., Atlanta 5, Ga.
237*5556 Rbb. BL 5-6540