We use Optical Character Recognition (OCR) during our scanning and processing workflow to make the content of each page searchable. You can view the automatically generated text below as well as copy and paste individual pieces of text to quote in your own work.
Text recognition is never 100% accurate. Many parts of the scanned page may not be reflected in the OCR text output, including: images, page layout, certain fonts or handwriting.
Loew's Boston Theaters Go.
As of December 31, 1923 ASSETS
Cash Available • $3,865.50
Reserved :
For Dividends declared payable Feb. 15. 1924 $28,541.75
For Retirement of Preferred Stock per Agreement 20,000.00
For Theater Admission Taxes 7.11.1.47
For Taxes to be Adjusted 75,000.00
Land 1,925,318.33
Buildings and Equipment 2,205,352.16
130,655.22
4.190,670.49
Less Reserve for Depreciation 350,432.61 3.840,237.88
Investment— State Theater Co., etc 22,941.00
Goodwill , 23,535.95
Deferred Charges 26,217.08
$4,047,452.63
LIABILITIES
Accounts Payable 200.00
Federal Income Taxes* 25,608.81
Common Dividend Payable 28,541 75
Theater Admission Taxes 7,113.47
Contract Deposit 249.96
r 61,713.99
Reserved Estimated Federal Taxes — Current Period 9,924.34
Capital Stock:
Preferred— 9,600 Shares— $100 Par 960,000.00
Common— 114,167 Shares — $25 Par 2,854,175.00
Surplus (Earned and by Appraisal) 161,639.30
$4,047,452.63
*Not including Government claim on prior years of approximately $75,000, to be adjusted.
Balaban & Katz Corp. and Subsidiaries
Consolidated Balance Sheet, Dec. 30, 1923 ASSETS
Theater properties $9,059,640.69
Less amounts charged off for depreciation (six months) 106,956.33
Net property account 8,978,276.75
Roosevelt theater purchase deposit 36,674.43
Investments — Stocks of film producing and distributing companies 704.480.99
Current Assets —
Cash in bank $1,160,216.35
Less appropriation for bonds redeemed 435,484.00
$734,732.35
Cash working fund 7,750.00
Net receivable 25.000.00
Miscellaneous accounts receivable 13,193 74
Employees' accounts 11,519.26
792,195.26
Cash value life insurance policies 10,416.28
Deferred Charges — ■
Prepaid theater rental 100,000.00
Prepaid film rental 13,279.68
Unexpired insurance 16,547.75
129,827.43
Good will 759,711.98
$1 1,11 1.583.27
635