In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants (1913)

Page scan 000223 from In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants

Record Details:

Title:
In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants
Date:
1913
Publisher:
New York, Appeal Printing Co.
Volume:
In the District Court of the United States, for the Eastern District of Pennsylvania, the United States of America, petitioner, vs. Motion Picture Patents Company, et al., defendants : record volume 1
Leaf #:
000223
Language:
English
Collection:
Government & Law and Early Cinema
Format:
Periodicals
Contributor:
The Museum of Modern Art Library, New York
Sponsor:
Media History Digital Library
Coordinator:
Media History Digital Library
Description:
These seven volumes contain the testimonies and supporting documents from the U.S. District Court's antitrust lawsuit against the Motion Picture Patents Company (MPPC). Formed in 1908, the MPPC (sometimes referred to asœ"the Edison Trust" or just "the Trust") sought to control the American film industry through pooling patents and demanding that producers and exhibitors acquire licenses to those patents. Independent producers and exhibitors, who refused to license the patents, argued that the MPPC was an unlawful monopoly. In 1912 and 1913, the U.S. District Court for the Eastern District of Pennsylvania heard testimonies from both MPPC members, such as Siegmund Lubin, and "Independents" who later became Hollywood moguls, such as William Fox. Ultimately, in 1915, the case reached the U.S. Supreme Court, which found the MPPC in violation of the Sherman Antitrust Act and spelled the end for the already weakening MPPC. -- Eric Hoyt, 2012
Date Added:
September 12, 2024
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By-Laws, General Film Co. 201 Petitioner's Exhibit No. 64. 1 ARTICLE IV. PAR. 3. Holders of the preferred stock shall not be entitled to vote such stock at meetings of the stockholders of the Company. ARTICLE IV. PAR. 6. Common stock shall not be issued at less than par, and it shall be issued for money only. 2 ARTICLE IV. PAR. 9. All Treasury common stock that the Board of Directors from time to time decides to issue, shall be allotted pro rata to the holders of issued common stock, at such price, not less than par, as the Board of Directors decides that the stock is worth. ARTICLE IV. PAR. 10. 3 The Secretary of the Company shall mail to each holder of issued common stock at the address of the stockholder recorded in the stock-books of the Company, a notice in writing setting forth the total number of shares of Treasury common stock that the Board of Directors decides to issue, the number of shares allotted to the stockholder, and the price fixed by the Board of Directors for such stock. ARTICLE V. SECTION 6. 4 Only stockholders of record holding common stock of the Company shall be entitled to vote at annual and special meetings of stockholders, and each stockholder shall be entitled to one vote for each share of common stock standing in the stockholder's name. At all elections for directors, cumulative voting shall be permitted, and each stockholder of record shall have the right to cast as many votes as the product of the number of shares of common stock recorded in the stockholder's name multiplied by the number of directors to be elected, and