The Film Daily (1935)

zjs&h DAILY Thursday, June 13, 1935 ALLOW ROCKEFELLERS $9,605,628 FROM RKO (.Continued from Page 1) original leases for the two Radio City theaters is allowed for $9,942,293, representing the unamortized cost of the theaters and equipment, less credits of $1,671,955, or for a total of $8,270,337. The claim for leased space in the RKO Buildingis allowed for $1,335,291. In disallowing any claim arising from RKO's obligation to assume on Dec. 1, 1937, part of the space in the RKO Building previously surrendered, Special Master Thacher held that damages were speculative and incapable of proof. He noted that this ruling was without prejudice to any application for equitable treatment in any reorganization and stated also that he was not called upon to decide whether any provision should be made in a reorganization plan for contingent claims. The claim of the Broadway and 47th Street Corp. on the Mayfair Theater is allowed for only $337,500, representing the deficiency in rent due on Sept. 28, 1934, the last day fixed for filing claims in the RKO reorganization proceedings. The Broadway and 47th Street claim is based on a 10-year lease expiring in 1940 and calling for a minimum $270,000 yearly rental over the period. With respect to deficiencies after Sept. 28, 1934, the Mayfair claim is disallowed but without prejudice to application for equitable treatment of contingent claims under any reorganization plan. The claims of the Hoblitzelle Investment Co., Hoblitzelle Realty Corp. and Hoblitzelle Corp. are allowed for deficiencies in rent due up to Sept. 28, 1934, on three Texas theaters. The claim is disallowed for any deficiencies after Sept. 28, 1934. The theaters were leased by the RKO Southern Corp., which went bankrupt, and payment was guaranteed by RKO. The claim of the Hippodrome Building Co., owner of the Hippodrome Theater, Cleveland, is allowed only to the extent of deficiencies in rent owing on Nov. 4, 1933. The claim of the Worth Proper( lorp., owner of the Hollywood Theater, Forth Worth, is allowed for deficiencies due on Sept. 28, L934. In the case of both the Hippodrome, Cleveland, and the Hollywood, Ft. Worth, the RKO subsidiary which leased the theaters went bankrupt and the leases were disaffirmed. The claim, of Cora E. Gregg, Gordon W. Burnett and Mudd & Mooney are disallowed. The claim of the Criterion Advertising Corp. is allowed for $4,903, plus the damages due under two contracts to supply billboards to RKO. This claim is now in process of settlement. The claim of Geo. B. B. Lamb for commission promised him if he procured from a theater owner a proposal of sale at stated terms is allowed for $14,500. The claim of NEWS of the DAY Miami, Fla. — Managerial changes in the Sparks Circuit switch Bob Swanson from the Rex to the Paramount; John Crovo of the Paramount to the Arcade, Jacksonville; John M. Thomas goes from the Arcade to replace F. L. Alig, Jr., at the Palace, Jacksonville; Jack Luder forsakes the Rosetta to take charge of the Rex and Bill Bull is transferred from the Beaux Ax'ts, Palm Beach, which is closing for the summer, to the Rosetta. Chicago — Mascot's "Headline Woman" has been booked by B. N. Judell, Inc., to play the State Lake theater the week of June 22. Lonoke, Ark. — The Rex theater was damaged $1,500 by a fire of undetermined origin recently. De Soto, Mo. — W. A. Collins, head of the Collins circuit, says RCA High Fidelity sound equipment will be installed in the new 620-seat theater now under construction here. New Orleans — Threatened court action against Fox by Rene Brunet, Imperial theater, was averted in a compromise agreement over "Our Little Girl" today. Brunet said he had been forced to play all contracted Fox product before getting Shirley Temple and that after the booking on Temple was confirmed Fox refused to deliver unless it be accepted as a special preferred playing time. Film was delivered yesterday after Brunet was reported to have agreed to extra playdate. Cairnbrook, Pa. — The Cairnbrook theater is being entirely remodeled and re-equipped for an opening in the middle of August. Philip Samuels, operator, has taken a longterm lease on the house. Arcadia, La. — With only women serving as election officers, voters here favored Sunday shows by a three to one majority. Theater hours will not conflict with churches. Set Second Sales Meet For Republic on Coast Second regional sales meeting to be held by Republic Pictures on the coast is definitely set for June 20 at the Hotel Roosevelt, Hollywood. Branch managers and salesmen from Los Angeles and San Francisco will attend, with General Sales Manager Edward A. Golden presiding. This will follow the Seattle meeting, which takes place Saturday in the New Washing-ton Hotel with attendance including Golden, J. T. Sheffield, A. H. Huot, Joe Cooper, T. C. Tomlinson, C. J. Fames, F. W. Talbert, Ed Kennedy, Nina Scott, J. H. Sheffield, Evelyn Burkett, D. W. Frazer, Joseph F. Samuels and Frank W. Sheffield. Columbia Quota Deal Off Conversations on a deal under which interests identified with Anglo-American Renters, Ltd., would produce eight pictures in England for Columbia are understood to be definitely off. Capt. A. C. N. Dixey of the British group has been con the F. F. Proctor Holding Corp. for $50,000 is disallowed. The Illinois Central Railroad Co. is allowed a claim of $157.80. The Thacher report states also that the claims of Richard B. Gilbert, P'ay H. White and Sydney H. Conway have been withdrawn and that default and disallowance have occurred on the claims of Hoover Co,. Carrier Engineering Co., and Ben F. Luetze. The claims of Lusite, Inc., and National Supply Co. have been settled subject to court approval. The claims of the (J. W. F. Realty Co., E. M. Glucksman, Copia Realty Corp., Boyle & Priest and Alfred E. Fiegel are settled or in process of settlement. 11 District Sales Meets Are Set by Paramount (Continued from Page 1) 1; Boston, July 2-3; Charles Reagan's division, Minneapolis, June 19-20; Chicago, June 21-22; Excelsior Springs, June 24-25; Denver, June 27-28; San Francisco, June 30-July 1. Reliable Pictures to Sell In State Rights Market West Coast Bureau of THE FILM DAILY Hollywood — B. B. Ray and Harry Webb of Reliable Pictures announce that their product will be sold directly to the state right exchanges this year. A new series will be six all-star "Real-O-Dramas" of the exploitation type and six Spanish version melodramas. Webb leaves during the week for New York, where he will open distribution offices for the company's lineup. MASCOT IS ADDED » TO REPUBLIC FOLD (Continued from Page 1) to function from the Levine studios, while the Trem Carr and M. H. Hoffman units will produce on the Republic lot. Hoffman's Liberty Pictures and Herman Gluckman's Majestic Pictures are the other two indie units to come under the Republic banner in the last few days. Johnston said the recently announced Republic program will be augmented by added special attractions, while an elaborate campaign is being worked out to make exhibitors Republic-conscious. Relief Drama Plans Advanced Plans are nearing completion whereby several million dollars in FERA funds will be made available to finance roadshows of unemployed actors to present drama in cities and towns throughout the country. Relief officials in Washington have indicated that the funds will be forthcoming from the Works Relief department under an arrangement whereby the money will be paid back to the government from earnings. The project probably will be placed under the direction of a person not connected with the theatrical business. "Ariane" Revival at 55th St. "Ariane," with Elisabeth Bergner, will be revived for three days starting Saturday at the 55th St. Playhouse. U. A. Bids for Stock Held by Art Cinema (Continued from Page 1) trustees, in a petition filed in Chancery Court, state that they have received an offer of $650,000 for the stock on behalf of United Artists from Nathan Burkan, attorney representing Mary Pickford, Chaplin and Goldwyn. The Court is asked to approve proposed sale of the stock. It is provided, however, that the Elton Corp., controlled by Fairbanks, will have the right to purchase the stock at the same price if it so desires. The Court has directed all stockholders of Art Cinema be notified of the petition and be directed to appear before the Court on June 26, at which time the petition will be , heard. The trustees say in their petition ;hat the stock was appraised at $613,254 on Oct. 26, 1934, and that m Dec. 24 a dividend amounting to $83,330 was paid on the stock. The trustees express the opinion that .ale of the stock would be to the best interests of the stockholders of Vrt Cinema. The trustees add that they have been assured that Schenck will vote for the purchase of the stock. Art Cinema is a dissolved corporation. William Jasie, Dennis F. O'Brien, general counsel of United Artists, and William Phillips, treasurer of United Artists, are the trustees. Denver Doings Denver — Employees of the M-GM office are celebrating Friedel Week, June 16-22, in honor of the resident manager, Henry Friedel, who has been with M-G-M for 20 years. J. R. Keitz has resigned as salesman for GB. J. F. (Dode) Samuels, formerly with Ross-Federal, in Salt Lake City, is a new salesman for Monogram here. ^_ Duke Dunbar, secretary of jtf Code Board, has been made a C^B, , onel by Governor Ruby Laffoon of Kentucky. Thomas Ward is now the treasuier and chief of service at the Denham theater. He was formerly with the Rialto, Fort Wayne, Ind