J.David Wrote:
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> A couple of questions: When did "Defense Supplies
> Corporation" purchase No. 20? What was the term of
> the lease back to RGS? When did RGS regain
> ownership?
(Off the top of my head, without checking my books.)
DSC stencil is part of the first Reconstruction Finance Corporation (RFC) loan made in 1942. Basically the DSC took the RGS's equipment as security for the loan and the RGS was supposed to get ownership back when it had paid back the loan. Then there was a 2nd loan (1945) but that one used, IIRC, Receiver's Certificates for financing. I think the DSC stencils came off after the war, as equipment was re-painted.
Also IIRC, the 1st loan was paid back by '44 or so but part of the 2nd was still on the books to the end of the RGS.
hank