Brief for the United States (1914)

Record Details:

Title:
Brief for the United States
Date:
1914
Publisher:
Washington, D.C. : United States. Government Printing Office. Office of the Public Printer
Volume:
Brief for the United States
Leaf #:
00076
Language:
English
Collection:
Books and Government & Law
Format:
Books
Contributor:
Media History Digital Library
Sponsor:
{"Media History Digital Library","Richard Koszarski",Domitor}
Coordinator:
Media History Digital Library
Description:
Date Added:
June 06, 2024
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64 PAET IV. inafter described, they created the General Film Co. and made it a common distributing agency. Through the ownership of this company the manufacturers soon controlled the exchange business, driving out all other rental exchanges. In April 1910, defendants set out to monopolize the business of all the rental exchanges in the United States, their purpose being to drive out of business all persons so engaged and to absorb to themselves the profits theretofore made therein. This unlawful end they accomplished, in the manner to be presently described, by means of a corporation created by them for that purpose — the General Film Co., a Maine corporation, capital stock $2,000,000, reduced March, 1911, to $1,000,000, preferred $800,000, common $200,000, common stock alone having voting rights, all of which was taken by defendants. Each of the incorporators was connected with and interested in the business of one of the 10 Patents Co. licensees. (Ex. 6 to pet., p. 101.) The following were at once elected officers and directors, each officer and director being an officer of and largely interested in the business of one of the 10 manufacturers: President, J. »!. Kennedy, president of the Biograpli Co. and treasurer and director of the Motion Picture Patents Co. since its organization. Vice president, CJeorge Kleine, owning the business of Ceoi'ge Kleine, hein^nabove referi'ed to.