The director referred in the meeting with the commissaries on 28 December 1907 that Koster (1) now director of a shipyard at Fiume wrote that his yard designed a new submarine in which Denmark was interested and even nearly ordered one. Koster offered the De Schelde the possibility to make a deal dividing the profit into two equal parts if De Schelde built submarines for Denmark or the Netherlands. However the contract signed by De Schelde with the Electric Boat Company contained a regulation that 50% of the total profit was to sent to New York and in such a case was the other 50% to be divided with Koster. Although the commissaries were not pleased with this they were to afraid to reject the proposal Koster made. Koster could in that case search for another interested shipyard for instance Smulders. Decided was to wait for the concept contract of Koster.
Note
1. Paul Koster was a former lieutenant of the Royal Netherlands Navy who succeeded in making the first Dutch submarine named Luctor et Emergo a success. For this submarine was a design of the Electric Boat Company in the USA used. She was delivered to the Royal Netherlands Navy and commissioned as the Hr.Ms. O 1. Later he became director of the submarine department of the Whitehead company at Fiume.
Source
Archive Kon.Mij. De Schelde 1875-1970 (Municipality Archive, Vlissingen, Netherlands) archive 214 inventory number 8.
