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.
Jeremiah J. Kennedy, Direct Examination. 31G7
moving picture business was considered very doubtful by a great many, and that to pay him any price on the basis that he assumed, would mean that we would be guaranteeing the existence of the business forever. We parted, and he called the following day and attempted to renew his negotiations, and I refused to have any further dealings with him. On the following day Mr. Gilligham and Mr. Gleichman of the NationalVaudette Exchange of Detroit, called, and after brief negotiations, agreed to sell their exchange property to the General Film Company. Mr. Mandelbaum was interested in the National-Vaudette as a stockholder, but I had no knowledge of that at the time. At Mr. Gillighanrs request, he informing me that Mr. Mandelbaum was still in town, although I did not know it, and the request of Mr. Waters, the general manager of the General Film Company, to whom Mr. Mandelbaum had telephoned, I agreed to meet him again. He requested that the General Film Company make an offer on the property which he offered to sell. I showed him that the greatest value of the property which he had, to the General Film Company, would be, including 90 per cent, of the last week's him bill, and all the merchandise which he claimed to have, approximately §59,000. He stated that he thought that was a very reasonable price, that the former basis of computing values was entirely wrong, that he would accept it there before we would have any opportunity to change our minds. Mr. Mandelbaum returned to Cleveland. In a few days we received clippings from the newspapers showing that he had been interviewed, and his remarks indicated that he was not entirely satisfied with the price that he accepted, and which he stated was entirely satisfactory to him, mul as we always refused to do business on any basis except mutual satisfaction of both parties, I notified him that the negotiations were ended. There were also other reasons which were — which we could not confirm, which were entirely matters of rumor — but which had some bearing upon it, such as the disposition of property which was included in the price we agreed to pay.
Q. Do you recall that one J. M. Ensor, representing the Colorado Film Exchange, called upon you at your office in New York in reference to the possible sale of his motion pictures stock and equipment? A. Yes. a man