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 #:
000168
Language:
English
Collection:
Government & Law and Books
Format:
Books
Contributor:
Media History Digital Library
Sponsor:
{"Media History Digital Library","Richard Koszarski",Domitor}
Coordinator:
Media History Digital Library
Description:
Date Added:
November 08, 2023
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156 PART ^^11. and that about $900,000 of the deferred payments remained unpaid. He said that the company had never had to borrow, but that the payments ivere made out of earnings. (I, 332, fol. 2.) He also expected to pay the other $900,000 out of earnings without having to borrow any money. The General Film Co. made net profits for the year 1911 amounting to $1,118,226.42. (I, 331, fol. 4.) This figure does not include the amounts paid out of earnings to the exchanges for the properties acquired. (I, 331, fol. 4.) In the years 1910, 1911, and 1912 the company paid 7 per cent dividends on preferred stock and 12 per cent on common stock. (I, 327, fol. 1.) The undivided net profits each year are credited to the manufacturers after the payment of the dividends on the preferred stock and common stock. For the year 1911 $1,055,599.98 was so credited to the manufacturers in addition to the regular dividends of 7 and 12 per cent on the preferred and common stocks, respectively. (Go^i;. Ex. 131, 1, 548.) Govt. Ex. 132 (I, 549) shows the number of feet of film manufactured by each of the manufacturers in 1910 and 1911.