The British Trust Corporation, a successor organization set up to recover heirless and communal Jewish property in the former British zone of West Germany, has recovered nearly 100,000,000 marks worth of assets, it was reported here today at the seventh annual meeting of the group. Sir Henry d’Avigdor Goldsmit presided.
Four organizations acting on behalf of the trust received the following sums up to December 31, 1957: Joint Distribution Committee, 10,950,000 marks; Central British Fund,. 12,320,000 marks; Jewish Agency, 21,896,000 marks, and Leo Baeck Charitable Trust, 4,833,000 marks. In addition, assets valued at 12,300,000 marks were assigned to individuals who had missed deadlines for filing of restitution claims.
By the end of 1957, the report continued, Jewish communities in northwest Germany had received 2,820,000 marks and a further sum of 8,890,000 had been set aside for their use, pending implementation of an agreement with the communities regarding the disposition of former communal property. The report indicated that sizable funds can still be expected to result from the operations of the trust.
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