Harvard business reports (1930)

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MOTION PICTURE EXHIBITORS' ASSOCIATION 623 bers, 9 of whom were to be elected from persons nominated bymembers representing 9 or more theaters, 5 from persons nominated by members representing from 3 to 7 theaters, and the remaining 4 from persons nominated by those members who represented less than 3 theaters. Four members of the board of directors, together with the president, were to constitute the executive committee, which was to have detailed charge of the affairs of the association. The president, two vice presidents, the treasurer, and the secretary were not required to be members or eligible for membership. They were to be elected by the membership to hold office for one year. It was provided that the board of directors could contract with the president for his services in that capacity over a period of years but that he was to continue in office as president only if elected to that office each year at the annual election. He was to direct the work of the association and was to cast a vote whenever the vote in a meeting of the board of directors or the executive committee was a tie. He also had certain duties as provided in the "Operating Agreement. " It was the opinion of those who organized the association that it required for its successful operation an executive officer who was not a member of the association or among those eligible to membership. It had been their experience that an exhibitor could not handle the affairs of an exhibitor association with equity because he was encumbered with many personal obligations to distributors and to other exhibitors. The by-laws also authorized a special committee on the purchase of films, which was to be composed of two members of the board of directors, elected by that body, and the president. The two members selected from the board of directors could be changed from time to time. This committee was to purchase all pictures for the members of the association. The first action taken by the special committee for the purchase of films was to gather information about the pictures purchased in the past by the members' theaters.5 This information showed that the $2,000,000 worth of pictures purchased annually by the 80 members were purchased from producers as follows: 6 See Independent Motion Picture Exhibitors Association, Incorporated, page 628.