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TAiri vm.
150
(Doc. Ituo, I, '27:\ L>7L)
I'rcsciit : Messrs. Kennedy, IJeist, Dyer, Kleine, Loii^, Liibiii, Selii^, Spool*, .ind INdzer, sooretarv. Also ^[ossrs. r>l;iektoii, M;ii'ion, M;ii-\in, Paul Melies, l?oek, Scull, and Sinii^iii.
All the directors ])resent a<z;reed to liold the rneetini; at SO Fifth Avenue instead of 10 Fifth Avenue, and the meeting was called to order and held at 80 Fifth Aveinie/
Mr. Kennedy reported that since the last meetingneo'otiations for the pnrchase of the following exchanges were closed and the business of said exchanges acquired ])y this company: S. Nye Bass, New Orleans, La.; Imported Film & Supply Co., New Orleans, La. ; ^Fagnetic Film Service Co., Cincinnati, Ohio; Moore's Film Fxchancre, Washington, D. C. ; and Ohio Film Service, Columbus, Ohio.
Mr. Kennedy also made the following report of the extent of the company's business:
Percentage of business of the country based on reels released during the week ending Sept. 17, 1910, assuming that none of the business of exchanges which discontinued as licensed exchanges was ob
tained by General Fihn Co 78.3
Total number of licensed exchanges when General
Film Co. commenced business 69
New exchange at St. Louis 1 70
Exchanges operated by General Film Co 46
Exchanges licenses canceled 9
Not operated by General Film Co 15 70
Percentages of licensed exchanges operated hy General Film Co 75.4
'so Fifth Avenue was the ofi3ce of the Patents Co.. at which this meeting was held.