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3. Passourl (Palestine Plantations) | Credit | Debit | Balance stocks# 395 ordinary shares @ £7* = £2765.) | $3,302.00 | | $8,302.00** 5 founders, " @£40* = £200.) | *Present market value Prospective buyer believed willing to pay above price (dividend of ca. £232-10-0 (payable in March) inclusive). Similar price obtained last year (dividend inclusive) when dividend was higher than now. **Less Cypriote inheritance tax.
4. Cyprus Airways stock# 1000 shares @ £1.* | $2,800.00 | | $2,800.00** *Considered lucky if we realize face value despite fact that dividend was paid July, 1953 (dividend payable to us) **Less Cypriote inheritance tax.
#Stocks, items 3 & 4 being sold by Sir Panayotis Caccoyiannis as per instructions of FR.
5. GHMCF's personal {checking}* acc't, Ottoman Bank, Limassol | $1,904.00 | | $1,904.00 current On deposit: ca. £680. *Question has been raised if this account should come to us, since in Cypriote legal terminology money in "current" account is technically not money "on deposit", as specified in will. Mr. Ewing to decide. Note: This is the only account GHMCF had in Cyprus. American interpretation of "on deposit" should apply, don't you think?
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