EXPROPRIATED CONCERNS IN SAXONY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R000100560004-9
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: December 16, 1998
• Sequence Number: 4
• Publication Date: September 20, 1946
• Content Type: IR

Approved For Release
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L INTELLIGENCE- GROUP
f., LLIGEM C REPORT
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CON NTIAL INFO. M
SUBJECT Expropriated Concerns in Saxoyar
ORIGIN
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1. The concerns expropriated uy "popular vote" on 3U June
1:346 are ue ine, grouped tn;;c the r in "industrial ad uixii s trations" ,
inso .rar as they have been takes, over by the Lind auti.orities.
L;ixty-f-'':e oz these industrial administration roups 'hLve been
formed to date in isuridesland E'.e.xony. i ach ,coup is divided into
branches cor:aj.risinc; tr;enty to tucenty_i'ive concerns of similar
types. Although the separate concerns are considered merely as
branch establishricnts of the rea; groups, they still riaintwin a
certain amount of independence.
2. Lach of the industrial. administration bodies, is headed
by a, marg. ;e::lent consistin of f'_ cot. ercial, a technical, and a
pex'son.Lul 'mien er .
4ro
3. Coma ny book entries .re ia&uc in a mLiiner v,!-.sch is at
variance vith laves still in force.. In the xnevr accounts opened
on 1 July 1j46, no entries conc?rnin assets or liwjilities from
the period prior to 1945 were allowed to ap,,ear.
~~. The Land ctrainistrut! ons 'i1aix1taixi that the c xpropriated
and xiOY"a public :'y' - controlled cone erxAa are not the. le ;gal succe
stirs of the old pritiate uxiaertL-kin,s. is a result, the position
of outstandin-; debts remain completely unclaa"ified.. It is
planned to transfer these- alabi.lities to the former proprietors
and nuke ther:i resuonsible for set tl? ?ic xit. No bind n ; re u1atlon
has, hovaever, as ;yet appe-red to this effect; the idea has nerely
been hinted at in circulars.