:58:00
No, thanks. It's OK.
:58:02
As you can imagine, though...
:58:04
a business like this
has lots of outstanding debts.
:58:08
And you can imagine
it's difficult...
:58:10
in the present
economic situation...
:58:12
to convert these debts,
some of them long-term...
:58:16
with borrowed capital...
:58:18
into cash... at least in part.
:58:23
I don't know much
about financial matters.
:58:28
You'll find us fair partners.
:58:30
We'll pay you good interest,
and you'll get a fair contract.
:58:35
The contract
won't be any problem.
:58:38
We must hurry.
:58:40
Dr. Siebenkäs
is expecting us at 3:00.
:58:41
Your cup.
:58:48
- Sugar?
- Yes, please.
:58:52
The sugar tongs
are on the sugar bowl.
:59:09
We have come here today...
:59:14
to sign a loan contract
between the Thiess company...
:59:17
and Mr. Franz Biberkopf.
:59:22
I assume
that everyone present...
:59:25
is familiar with the form...
:59:26
of the general commercial
partnership...
:59:30
and I shall proceed
to read the contract.
:59:34
"The Thiess partnership...
:59:36
"represented by the partners,
Mr. Wolf Thiess...
:59:38
"Mrs. Berta Thiess,
and Mr. Franz Biberkopf...
:59:41
"agree to the following
loan contract.
:59:43
"Paragraph 1: Franz Biberkopf...
:59:47
"shall grant the Thiess
commercial partnership a loan...
:59:50
"amounting to DM 100,000...
:59:52
"100,000 German marks.
:59:54
"Paragraph 2:
:59:56
"Interest shall be paid at
an annual rate of 7 percent...
:59:59
"or at the Federal Bank rate,
should this exceed 7 percent.