Replies to post #965 on Francisco Industries, Inc. (FRAZ)

[deet49]

Conduct that is actionable under Title III

"Traffics" is defined to include instances in which a person knowingly and intentionally without permission from any U.S. national with a claim to the property:

~ Disposes of confiscated property: Sale, manage, or profits from any of the same

~ Obtains or holds an interest in confiscated property: Purchase, lease, receive, use, possess, or profits from any of the same

~ Engages in commercial activity using confiscated property

~ Otherwise benefits from confiscated property

This is a broad definition. In allowing suit against parties that "benefit" from or "use" confiscated property, Title III opens the door to suits against persons who make contact with confiscated property that falls short of ownership or leasing. [link] to text

Follow The Money stupid' [link]

https://www.justice.gov/fcsc/cuba/documents/1501-3000/2500.pdf

According to the evidence of record, FRANCISCO owned sugar mills at Elia and Francisco and with its two Cuban subsidiaries owned 3,025.835 caballerias of land, an alcohol distillery and yeast plant, approximately 177 miles of railroad track with the necessary rolling stock, warehouses, airfields, and complete facilities for operating the mills at the towns of Francisco and Elia. Land was also owned by FRANCISCO at the port of Guayabal where the other Cuban subsidiary operated under a concession from the Cuban Government, having dredged the port to a depth of 33 feet and erected a pier, warehouses and tanks for carrying out its shipping operations.

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