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)

Record Details:

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996 William Devery, Cross Examination. 1 A. I don't know that he reported any, to my knowledge. By Mr. Kingsley: Q. Well, what was the total amount of the liabilities at that time? A. The total amount of the actual liabilities were about $3,000. Q. When you stated on your direct examination that you had made an agreement with Mr. Moore of Washington to take over that office, that was the agreement to which you have just referred in your testimony? A. No, it was 2 not. Q. What was that agreement? A. The agreement on that was when our license was cancelled, Mr. Moore was in New York, on the 15th day of April, on which all the assets and the business was to be turned over. Mr. Steiner was to retire. Mr. Moore came. We had the cancellation. That was the best we could offer Mr. Moore. Mr. Moore went down and seen Mr. Kennedy in regard to it. He seen Mr. Kennedy and came back the following day, Saturday, the 16th day of April, and told me that if he could take over the business of the Imperial Film Exchange at Wash 3 ington, that Mr. Kennedy would give him a license. I told him that I would have to consult with the lawyers, and at that time we did not have any lawyers, first. He told me that every dollar he had in the world was invested in the place, and that if he did not get a license and had to go out of business, he was ruined. Therefore, I agreed to turn the office then and there over to Tom Moore for $5,000, the business. Q. That was the agreement to which you referred on your direct examination. Did you read the report of the Special Master which was read into the record at the first 4 hearing in this case in which you were sworn? A. I did not. Mr. Grosvenor: Are you referring to the report of the referee in bankruptcy? Mr. Kingsley : Yes. Reported at page 841 of the printed minutes. By Mr. Kingsley: Q. When you swore a few moments ago that the lia