English Translation

82 25. As I have learned, neither of the two specialists in this industry is, so they should have entrusted the management of the factory to a qualified skilled person, but the company's earnings are far too small for it to be tolerated by a qualified manager in addition to two owners and their families, as far as I know, who are not exactly modest in their standard of living; the net profit in 1939, which is known to be at present. If the acquisition tax cannot or may not be increased, the purchase tax was only 300,980 K = 30,098 RM, so that for two members after deduction of the income tax would be allocated to each only 120,000 K = 12,000 RM which they would safely consume in its entirety. Such a kind of dejudgment is however not desired by the supreme imperial authorities (see commentary Taurus-Schmidt page 17-18). Such a small undertaking must remain and be handed over to a single entrepreneur, who is a professional and can also lead the same only technically and commercially, H without being "reliant" on particularly qualified auxiliary workers and who, with a modest way of life, leaves the majority of the net profit to the enterprise to its extension and modernization, as would be the case if I were to take over the enterprise. From my negotiations with Mr. Polenz at the end of December 194Q I took the view that the villa was more important to him than the factory, he told me openly that he or Mr. Ing. Leihberg would live there only part of the year, in the summer, and the company