In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants (1914)

Record Details:

Title:
In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants
Date:
1914
Publisher:
New York, Appeal Printing Co.
Volume:
In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants : record volume 5
Leaf #:
000211
Language:
English
Collection:
Early Cinema and Government & Law
Format:
Periodicals
Contributor:
The Museum of Modern Art Library, New York
Sponsor:
Media History Digital Library
Coordinator:
Media History Digital Library
Description:
These seven volumes contain the testimonies and supporting documents from the U.S. District Court's antitrust lawsuit against the Motion Picture Patents Company (MPPC). Formed in 1908, the MPPC (sometimes referred to asœ"the Edison Trust" or just "the Trust") sought to control the American film industry through pooling patents and demanding that producers and exhibitors acquire licenses to those patents. Independent producers and exhibitors, who refused to license the patents, argued that the MPPC was an unlawful monopoly. In 1912 and 1913, the U.S. District Court for the Eastern District of Pennsylvania heard testimonies from both MPPC members, such as Siegmund Lubin, and "Independents" who later became Hollywood moguls, such as William Fox. Ultimately, in 1915, the case reached the U.S. Supreme Court, which found the MPPC in violation of the Sherman Antitrust Act and spelled the end for the already weakening MPPC. -- Eric Hoyt, 2012
Date Added:
September 21, 2023
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Leland B. Kent, Redirect Examination. 2601 Redirect examination by Mr. KlNGSLEY : Q. Was the stock delivered to you? A. Yes, sir. Q. Does the stock bear interest? A. Yes, sir. Q. How much? A. Seven per cent. Q. Has the interest been paid? A. Yes, sir. Recross examination by Mr. Grosvenor: Q. In using the term "interest," you mean dividends on the stock? A. Yes, sir. Q. That is, it is a 7 per cent, stock? A. Yes, sir. 2 Redirect examination by Mr. Kingsley : Q. Have the dividends been paid each year? A. Yes, sir. Q. Did the deferred payments draw interest? The casli payments? A. Yes, sir. Q. And have the payments with interest been made as they came due? A. Yes, sir. Q. I want to ask you with respect to the $2,500 a year that you drew out of your exchange for living purposes. Did you charge your exchange with your own salary? A. No. Q. So that that was in lieu of a salary, the money that ^ you drew out for your living? A. That was my salary. That is, I took about that much to live. I had gone to Toledo with what I called about |3,500 of West Unity money. I left enough so that when that was gone, I could come back there without their laughing at me. You know, I came from the country, and I expected to go home busted. Q. West Unity was the town you came from? A. Yes, sir. Born and raised there. Ran a country store. Q. Did you in your expenses, charge your rental exchange with any salary for your own services? A. No, sir. Q. But you did take out $50 a week? A. About $50. Some weeks maybe not that. About $50. Whereupon, at 12 : 30 P. M., the hearing is adjourned until 2 : 00 o'clock P. M. at the same place.