The Office of Alien Property Custodian was a Government office that President Woodrow Wilson created by executive order under the authority of the Trading with the Enemy Act. Its purpose was to assume control and dispose of enemy-owned property in the United States.
The original caption for this description reads: Property taken over by Alien Property Custodian sold at auction. The plant of A.W. Faber Pencil Co., Newark, N.J. was sold by Public Auction by order of A. Michel [sic] Palmer, Alien Property Custodian. View of the auction. The plant valued at $225,000, was sold for $145,000
