The Film Daily (1937)

.VT^TTV.W Intimate in Character International in Scope Independent in Thought The Daily Newspaper Of Motion Pictures Now Eighteen Years Old VOL. 71, NO. 68 NEW YORK, TUESDAY, MARCH 23. 1937 TEN CENTS KAO Reports a Net Profit of $1,237,141 for 1936 SPITZ IS NAMED BOARD HEAD OF RKO, PATJE NEWS 2% N. y. Sales Tax Appeal Up at Conference Friday Difference of Opinion Reported at Lawyers' Meet Yesterday Decision as to whether or not major distributors will accept opinion of the Court of Appeals at Albany finding that the New York City 2 per cent sales tax applies to film grosses derived from theaters within the city limits or continue their fight against the levy will be decided by attorneys at a conference to be held Friday at the Hays office. The case was discussed yesterday at the Hays office at a meeting of counsel when, it is understood, there was a difference of opinion as to (Continued on Parj'j 4) How They Started CHANGE GAMES OUT IN BRANDT, ITOA HOUSES Since Loew's and RKO dropped chance games in New York City, about one-third of the 63 Brandt houses have discontinued them and a "lot of I.T.O.A." houses have taken similar action, it was said yesterday by William Brandt. "The trend is definitely toward (Continued on Pane 9) Propose Film Censorship in Oklahoma Senate Bill Oklahoma City — A bill introduced by Senator Chambers in the Oklahoma Senate provides for a state board of censors, number of members not stated, to be appointed by the Governor, and without remuneration. The board would be au (Contmued on Page 4) Hopeful of Readjustment of Heavy Austrian Fees Major distributors yesterday expressed themselves as hopeful that a readjustment of Austrian contingent fees, regarded as excessive, (Continued on Page 4) 'HfiP'HADtiy- Industry bow of Producer Carl Laemmle, Jr., demonstrated his versatility, for he conceived, wrote, cast, supervised and edited "The Collegians" and "Leather Pushers" which, you will recall, comprised Universal's Junior Jewel Series. And speaking of bows, Hap Hadley rates one for this art work Net Profit of $1,237,141 Reported By K-A-0 for Year Ended Dec. 31, '36 "5-2" Show Cause Order Will be Argued Mar. 31 Hearing on a show-cause order obtained by the Brandt circuit to temporarily enjoin M-G-M Distributing Co., Paramount and several other New York exchanges from continuing to serve Loew's, Inc., pic(Continued on Page 4) Keith-Albee-Orpheum and subsidiaries report a net profit of $1,237,141 for the year ended Dec. 31, 1936, equal to more than three times the company earnings of $403,073 for 1935. The earnings are equal to $19.23 a share of the 64,304 shares of preferred stock outstand(Continued on Page 9) President Leo Spitz Succeeds Aylesworth in Two More Offices Leo Spitz, president of RKO Radio Pictures and Pathe News, has been elected chairman of the board of both those companies, succeeding M. H. Aylesworth, who resigned to join Scripps-Howard. Spitz recently assumed the chairmanships of K-A-0 and B. F. Keith Corp., two posts also vacated by Aylesworth. Spitz is president of both those companies also. GOURT CALLS IN SEC ON ROXY REORG. PLAN At the request of Federal Judge Caffey, Ernest Angell, SEC sectional representative sat in yesterday in Federal Court at the start of the hearings on the fairness of the Roxy reorganization plan and will continue to do so to determine whether there is an equity in the property of stockholders, who are excluded under the present plan. This is the first instance where (Continued on Page 9) Brandt Loses Writ Move in Far Rockaway Action Denying application for an injunction, Judge Cotillo of the New York State Supreme Court yesterday set May 15 as date for trial of the action brought by Harry Brandt against major distributors, except (Continued on Page 4) W. Va. Legislature Quits; Four Industry Bills Die With adjournment sine die of the West Virginia Legislature, four bills applying to the film business have expired, according to information reaching major companies in New York yesterday. They are as (Continued on Page 4)