831.6363/33: Telegram
The Acting Secretary of State to the Minister in Venezuela (McGoodwin)
23. Your 45 June 11, 5 p.m.
Carib Syndicate, New York Corporation, represents to Department that it owns 25 per cent Colon Development Company and that it owns besides, by assignment from Andres Vigas, original concessionaire, and his associates, Julian Arroya and Joseph Paris, certain vendors’ rights reserved on sale to Colon Development Company.
Decision Supreme Court would apparently destroy Carib Syndicate equitable rights in properties covered by concession, and therefore this Government would be pleased if in disposition of properties covered by concession such equitable rights could be recognized and protected.
Inform Foreign Office.