Brief for the United States (1914)

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I'AH'I VIII. 155 I'liriK r cV: h.'ilmkcn, San h'raiicisco, (/ul. ScpIcinlMT I, 1. The I'liilcd I^'ilni lv\chan<;(' Co., Cleveland, Ohio. Se])t('inl)('r 1910. (1iarl(\s 1^'.. \'an I )uz('e, Minneapolis, Minn. November 20, 1911. P(M('i\al Tj. Waters, New York, N. Y. October 3, 1910. Alfred Weiss Film Exchange, New York, N. Y. July 5, 1910. J. ]). Wheelan Film Co., Dallas, Tex. August 7, 1911. Yale Film Exchange Co., Kansas City, Mo. October 3, 1910. S. Nye Bass Film Exchange, New Orleans, La. November 21, 1910. Calumet Film Exchange, Chicago, 111. July 25, 1910. Profits of the General Film Co. The General Film Co. made enormous profits from the start. The total cost of the 68 exchanges acquired by it in the United States and Canada, between June 6, 1910, and November 20, 1911 (Govt. Ex. 62, I, 190), w^as $3,076,287.44, of which $794,800 was preferred stock and the balance cash and deferred pajanents. Def ts Ex. 172, VT, 3200. ) Its treasurer, Mr. William Pelzer, testified, January 22, 1913 (I, 330), that the company had paid the exchanges up to that time about $1,200,000 in cash