As a German firm, H. Upmann feared the seizure of U.S. investments during World War I by the Custodian of Alien Enemy properties, and had invested heavily in speculative currency investments and Mexican oil properties, using assets on deposit without the consent of the depositors.
H. Upmann feared the seizure of U.S. investments during World War I by the Custodian of Alien Enemy properties. This was as a German firm. H. Upmann had invested heavily in speculative currency investments. This was as a German firm. H. Upmann had invested heavily in Mexican oil properties. This was as a German firm. H. Upmann was using assets on deposit without the consent of the depositors. This was as a German firm.