Dutch Court Nullifies Sale of Securities Surrendered by Jews

The Amsterdam Stock Exchange stopped all operations yesterday in protest against a court decision nullifying the purchase of Jewish-owned securities during the Nazi occupation of Holland.

The Stock Exchange Committee declared that if the court decision was applicable to all similar cases it would lead to chaos in the exchange’s operation. The court ruled that securities acquired by the Nazi-controlled Lipman, Rosenthal and Company Bank of this city must be returned to the depossessed owners. The Jews were forced to surrender these securities during the occupation without payment, after which the Nazi-controlled bank sold them through regular and other channels.

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