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 (1914)

Record Details:

Something wrong or inaccurate about this page? Let us Know!

Thanks for helping us continually improve the quality of the Lantern search engine for all of our users! We have millions of scanned pages, so user reports are incredibly helpful for us to identify places where we can improve and update the metadata.

Please describe the issue below, and click "Submit" to send your comments to our team! If you'd prefer, you can also send us an email to mhdl@commarts.wisc.edu with your comments.




We use Optical Character Recognition (OCR) during our scanning and processing workflow to make the content of each page searchable. You can view the automatically generated text below as well as copy and paste individual pieces of text to quote in your own work.

Text recognition is never 100% accurate. Many parts of the scanned page may not be reflected in the OCR text output, including: images, page layout, certain fonts or handwriting.

Charles O. Baumann, Direct Examination. 2867 leases of the New York Motion Picture Company? A. To the present time, to six reels per week. Q. In referring to releases in your testimony thus far, have you referred to the number of releases per week each time? A. Yes. Q. Has the business of the New York Motion Picture Company been successful or unsuccessful? A. Successful. Q. What was its original capitalization? A. Ten thousand dollars. Q. Did you subsequently increase the capitalization? A. By organizing a new company, to a million dollars, of similar name. Q. So that now the New York Motion Picture Company has a capitalization of one million dollars? A. One million dollars. Q. What dividends are you paying on your capitalization at the present time? A. Two per cent, monthly. Q. How long have you been paying that? A. For the past two months. Q. Prior to that time, how much were you paying? A. One per cent, a month. Q. How long were you paying one per cent, a month? A. Seven months. Q. Do these dividends to which you have referred, during the past nine months, represent all the net profits which the New York Motion Picture Company earned? A. No. Q. What other profits were earned by it? A. An additional one or one and a half per cent, per month. Q. Is that laid bv in the treasury of the company? A. Yes. Q. What time did you say it was in 1909 that the New York Motion Picture Company began to release motion pictures? A. May. Q. How many reels per week did you release in May of 1909? A. One. Q. Were any suits brought against the New York Motion Picture Company in 1909 by the Motion Picture Patents Company? A. Yes. Q. What suit or suits was begun that year by the Motion Picture Patents Company against the New York Motion Picture Company? A. Camera infringement suit. Q. Was proof taken in that case? A. Yes.