The Film Daily (1948)

-&% Monday, April 12, 19flJ DAILY =! Cohn Withdraws From Proposed Coi. Pad (Continued from Page 1 1 tion's common stock at $16 tier share, was approved at the meeting with a total of 469,184 favoring the proposal and 27,199 shares opposed. Chief opposition to the contract was voiced by Benjamin Jarvitz, Investors' League counsel, who maintained that small stockholders feared that the option arrangement was a device to allow Cohn to obtain greater control of the company. Attorney Arnold Grant, representing Cohn, denied the Jarvitz inference, pointing out that 75,000 shares of the stock could be purchased on the open market at the current price which is considerably less than $16 per share. Text of the statement issued by Cohn follows: "I understand that at the annual meeting of the stockholders of Columbia Pictures Corporation which was called among other things to consider the proposed employment contract between myself and Columbia Pictures that out of a total of 638,352 shares of stock of the corporation outstanding, 469,184 or over 73 per cent voted to approve the contract, 27,199 or slightly over 4 per cent voted to disapprove and 149,969 or approximately 22 per cent did not vote. Despite the overwhelming vote cast in favor of the contract I am unwilling to proceed with the consummation of a contract which may cause even a small minority of stockholders to feel that their interest would be better served by some other type of deal. Accordingly I have withdrawn my offer embodied in the contract now before the Board of Directors." The following directors were reelected to serve one-year terms: Harry Cohn. Jack Cohn. A. Schneider. Leo M. Blancke, N. B. Sningold, A. Montague and Donald S. Stralem. Directors declared a quarterly dividend of $1.06% per share on the $4.25 cumulative preferred stock of the company, payable May 15. 1948, to stockholders of record May 1, 1948. Italian Pic in Two Houses "Gelosia," Italian pic with English sub-titles, will have a dual American premiere April 21 in two Centurv Circuit Brooklyn stands, the Tivoli and Vogue. Wilcox "Courtneys" Daily Mail Winner London (By Cable) — The London Dailv Mail's nation-wide ballot places Margaret Lockwood and Anna Neagle at the top of the femmes, with John Mills and Michael Wilding taking the masculine honors. James Mason slips into third place. Miss Lockwood scores for the third successive year. Herbert Wilcox's "Courtneys of Curzon St." finishes as the top pic, with Rank's "Great Expectations" second. VARIETY'S PROGRAM MIAMI BEACH, FLA. MARKED by highlights galore, here is the full program for the sixday convention of the Variety Clubs International which opens here today with the attendance expected to reach a maximum of 2,000 "barkers" and their wives: TODAY 10 A. M., Business meeting, Ocean Room, Roney Plaza; 12:30 P. M., luncheon for officers and canvasmen: 2 P. M., business meeting; 6-8 P. M., get acquainted party for barkers and wives, Surf Room, Roney Plaza; 7 P. M. stag reception by Greater Miami Tent No. 33, Alcazar Hotel, Miami. TOMORROW 9:30 A. M., Business meeting; 1-4 P. M., luncheon-fashion show, Roney Plaza Gardens; 8:45 P. M., Jai Allai game, reception, refreshments, entertainment. Buses leave hotels at 8 P. M. WEDNESDAY 9:30 A. M., Business meeting; 1:30-7:00 P. M., South Sea Island Party at Biscayne Key. Buses leave hotels 1 P. M. Evening open. THURSDAY 9 A. M., Business meeting; 11:30 A. M., buses leave for Tropical Park Race course, luncheon at track; 9-midnight, formal dance, Roney Plaza Patio. FRIDAY 9:30 A. M., Business meeting; 3-5 P. M., sightseeing by bus or boat; 7:30 P. M., buses leave hotels for dog races at Biscayne Kennel Club. SATURDAY Morning and afternoon free; 7 P. M., stag reception for dais guest at convention banquet; 8 P. M., stag convention at Steak House, with Harold Stassen as guest speaker, and presentation of the Humanitarian Award; 9 P. M., Aloha party for ladies, Roney Plaza. Miami Beach Taken b About 2,000 YC Reps.! (Continued from Page 1 1 "barkers" and their wives. Barkers of the host Variety clul the Variety Club of Greater Miam Tent No. 33, headed by /•'-'' tche • Wolf son, General Convent^' 'hah' man and George C. HooveL-, Chic1 Barker here, boarded the trains il Hollywood, (Fla.), accompanied b girls in cowboys' costumes, bathin suits and the silk hats which ail the symbol of Variety along with tli cane. Serious business of the convention start this morning in the Ocean Room of tl Roney Plaza at 10 a. m. The first meetii) will be attended by International officers at I canvasmen. They will lunch at 12 :30. ai J there will be another business meeting: 2 p. m. in the same room. Social activities will start at 6 p. m. in afcfl annex of the local Variety Club, which h; its club rooms on the roof of the Alcaz* ft Hotel, set up in the Surf Room of the Ronrr Plaza, with a get-acquainted party i( barkers and their wives. Mrs. Ed Claughtc ' '■ and wives of other local barkers will w ''2 hostesses. ] Art At 7 p. m. the local Variety tent will 1 , hosts to the International officers, canva ,F men, chief barkers and deleg-ates to the co ventions of each tent at a stag dinner the club rooms in the Alcazar hotel. Business meetings will be held each subs t" sequent day of the convention, except Satu day, in the morning at the Surf Room of.tl Roney P'.aza. Kllng Starts Video Department Chicago — Kling Studios has inauj urated a television department undt the direction of Jack Lieb. Depar ment is turning out news films an spot commercials for television Bti tion use. ank in 50-50 Offer On Production to PFC (Continued from Page 1) would seek stronger financing from public-spirited business men. By raising a $2,500,000 revolving fund, the PFC could not only enter into production with JAR, but could also widen its production activities here. "Beyond Our Own," made by Apex for the Commission last November has already recouped its production costs, Betts revealed. International Film Foundation is currently making a second film for the Commission to be released simultaneously in 100 churches and community centers, in June. First film was similarly exhibited. 20th-Fox Tele Newsreel Bowing in Los Angeles Hollywood — First telecast of the 20th-Fox Television Newsreel begins in the Los Angeles area today under the sponsorship of the Leo J. Meyberg Co., RCA distribs. for the territory. The newsreel will be seen through the facilities of the Paramount-owned station KTLA, and will be offered five evenings a week at 7:50 p. m. The Los Angeles outlet brings the total number of video stations playing the Movietone television edition to seven. a Eli : Itt i hi *S LAUGH MIT FROM EAGLE LION PILMS