English Translation

Business Group Prague, 3 August 1942. Dejudigungsreferat Nr. II/l Jd 7080/42 l.) v e r m e r k : POEAACEEECAEEEEE Subject: Dejuedigung der Firma Adolf Löb l, Chemischegrosshandlung, Prag II., Heuwaagsplatz. The above-mentioned company is a large-scale chemical business, whose management requires unconditional expertise in this field. The purchase price for the company is approximately K l,300,000.- , but in addition to this amount a further sum of about 1 million K is required as working capital, because the company worked with bank loans at this amount, to cover the collateral mortgages on the private property of the Jewish owner. These security mortgages must be deleted, as the property must be purchased free of charge by the Auswängerungsfond, for Bohemia and Moravia. The applicant for the above company was the owner of the import and export house Robert K r a e m e r, Bremen, who met all the technical requirements to be placed on a transferee of such a business. Robert Kraemer's application was supported by the Gauwirtschaftsberat and the Pachreferat of the Wirtschaft Group. Politically, Kraemer is an objection and enjoys the special support of the Gauwirtschaftsberater Weser-Ems. Kraemer belongs to the Hanseatic merchants who have lost their entire market through war and now have to reorient themselves eastward. Kurt S i e v e r s from Kiel, currently Prague, has also applied for the above company. Sievers is a trained druggist, but he only worked this profession for a short time and then worked as a representative. Among other things, he represented the Pirma "Primeros" Dresden and lastly the Sidol-Werke ( Schuh- kreme und Putzmittel ). At the beginning of 1942. he was drafted into a state protector Batl.. Equity has 89697 ./.