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ORIGINAL PETITION. 35
picture exhibitors using the Ucensed projecting machines. (Paragraph 7.)
(3) The Film Company agrees to pay the manufacturer 'a share of its net profits at the end of each year during the continuance of the agreement, after it has paid 7 per cent dividend on its preferred stock and 12 per cent dividend on the common stock. The manufacturer is to have such a proportion of the net profits remaining after the deduction of the dividends as the number of running feet of pictures leased by the manufacturer to the Film Company bears to the total amount of running feet leased by the Film Company from all the Patents Company Hcensees during that year. (Paragraph 8.)
(4) The agreement shall continue until August 26, 1919, the date of the expiration of the Latham ^4oop'^ patent. No. 707,934. (Paragraph 12.)
The agreement states the minimum number of reels which the General Film Company agrees to take, as well as the maximum which it may be obliged to receive.
XII.
CONCLUSION.
Throughout the period of time mentioned in this petition and in all their actions described herein, defendants have been actuated by the purpose to monopolize all branches of interstate and foreign commerce relating to the motionpicture art and to exclude all others therefrom.
As a means to that end, they organized the Motion Picture Patents Company, a New Jersey corporation. To it they transferred patents competing with each other and patents not competing, patents valuable and patents of little if any worth.
Not satisfied with the benefit of the lawful monopolies and rights belonging to them under the several letters patent which they separately and independently of each other