English Translation

2 Berggesetz als *Sachverständiger Werkleiter" at the risk and expense of the company by the mountain head team and was registered in the mountain registers with the simultaneous deletion of all previously completed senior officials of the trade union. He is, therefore, a Director General and, at the same time, a kind of chairman of the Board of Directors: according to the regulation on the treatment of hostile assets 15 January 1940 -RGBl.I p.19l - the administrator shall in principle exercise all the powers of the statutory bodies, i.e. the trade day, the directorate and the supervisory board. Consequently, at the request of the Reichskommissar for the treatment of hostile assets, the German Higher Regional Court in Prague may dismiss the current administrator Dr. Möhring and appoint Minister A.D. Guido Schmidt as administrator on the condition that the walter appoint those to the trade day, the supervisory board and the directorate zuste- d a d de Jng.Kuchinka as expert works manager. He would then only be able to be Director-General of the company. Thus, the new administrator would also exercise the powers of the directorate, exclusively in his capacity as administrator. This solution is undoubtedly intended by Director-general Pleiger and by Secretary of State Krohn. According to the statutes, the directorates appoint the director-general. In its capacity as administrator, the administrator could amend the statutes to the extent that two directors-general are to be appointed by the directorate, whose powers he is responsible at the same time. This decision required the prior approval of the Reichskommissar for the assets hostile to the treatment and the confirmation of the German Supreme Court in Prague. The administrator could then appoint the 2nd Director-General.