Word: schreiber
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Dates: during 1950-1950
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Last week in Manhattan, after deliberating over the case for nine months, Justice Benjamin Schreiber of New York County's supreme court awarded the stock-and thus 40% control of the Bata empire-to Thomas Jr. and his mother. In doing so, he also unfolded a fantastic tale of international high finance and skulduggery...
Swiss Dummy. Switzerland's Leader, A.G. had been formed by Bata Sr. in 1931, said Justice Schreiber, for the "admitted purpose of concealing his own ownership of Bata companies and assets outside Czechoslovakia" to evade income taxes. To conceal his own ownership, he had turned the shares over to Muska, lifelong friend and trusted aide...
...same year, Thomas Sr. had scribbled a strange memorandum and put it in his safe. In it, he had authorized half-brother Jan to buy the whole empire-then worth some $45 million-for only $2,500,000. Justice Schreiber wrote that the only logical surmise was that he did it to "defraud the tax authorities of Czechoslovakia," by making his estate "seem infinitely smaller than...