Each contracting party will grant subjects of the other party who on account of the war have neglected the legal period in which to undertake an action necessary for the establishment or maintenance of a trade protective right, without prejudice to the justly obtained rights of third parties, a period of at least one year in which to recover the action. Trade protective rights of subjects of one party which were in force on the outbreak of war, shall not expire in the territory of the other party, owing to their non-application, till after the termination of four years from the confirmation of this treaty. If in the territory of one of the contracting parties a trade protective right, which in accordance with the war laws could not be applied for, is applied for by an agent who during the war has taken protective measures in the territory of the other party in accordance with the rules, such right, if claimed within six months after the confirmation of the treaty, shall, with the reservation of the rights of third parties, have priority over all applications submitted in the meantime, and cannot be made ineffective by facts which have arisen in the meantime. Article 11. Periods for the superannuation of rights shall, in the territory of each of the contracting parties, toward subjects of the other party, expire at the earliest one year after the confirmation of the peace treaty in so far as they had not expired at the time of the outbreak of war. The same applies to periods for the submission of dividend-warrants or warrants for shares in profit, as well as to bills which have become redeemable or have become otherwise payable. Article 12. The activities of authorities who on the strength of war laws have become occupied with the supervision, custody, administration, or liquidation of property or with the receiving of payments, are without prejudice to the stipulations of Article 13, to be wound up in accordance with the following principles: 1. Properties under supervision, in custody or under administration, are to be set free immediately on the demand of the parties entitled to them. Until the moment of transfer to the entitled party care must be taken for the safeguarding of his interests. 2. The provisions of Paragraph 1 shall not modify the properly acquired right of a third party. Payments and other obligations of a debtor which, as mentioned at the beginning of the article, have been received or caused to be received at the places mentioned, shall, in the territories of the contracting parties, have the same effect as if the creditor himself had received them. Civil dispositions which have been made at the places mentioned at the instigation of the parties or by them will have full effect and are to be maintained by the parties.