Memorandum for the the Motion Picture Patents Company and the General Film Company concerning the investigation of their business by the Department of Justice / submitted by M.B. Philip and Francis T. Homer. (1913)

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unexpirod right to use the fltooh of motion picturea on hand, the furniture, fixtures, stock of licenned projecting; njanfthines, and supplies t>»erefor, and other nrticlci; incident to the business. The General Film Ccmpeny never bought the business or the good will thereof of any i;uch exchangee, nor has it ever made any agreement rith any persona connected with any exchange whose property it bou^^ht, reotra-lning them from doing an exchange or any other business; and tlio excliange licenses of these fifty-seven exchanges wore never acquired by the General Film Company and could not be, as they ««re not assignable, ar.ri thay have never been cancelled. The i^atfintfl Company never intimated in any way to any of the persons operating exchanges from whom the General Film Company purchased the property referred to, that the excliango licensee rould be or ri.'.glit be cancelled, or caused them to fear that unless they sold ruoh property to the General Film Company their licenses would be cancelled. In every case the persons fro:r; when auch property was purchase* were either disgusted with the business, or feared it would not be pernanent and that they might lose their investment, and expressed themselves entirely .satisfied -57