Money behind the screen : a report prepared on behalf of the Film Council (1937)

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MoNKv hi:him) the SCREEN 33 Dt-nliam LabonitoiHH Ltd., ii'k. .Jan.. h«:J«i, with £l(M»,(KJ<) ( upital whu h whji iiKmuiid to il7().0(M) in N(Ariiil.«r, WKUt. In .Ian.. l'.Ki«5. l!l),l»'JH «,ni. Hluin-n v,vir allotted to London KiliMH and 4(),(M)<) pn-f. and 1(),(XHJ ord, dmrwj to the Now Trading; Co., Lt<I. Hart-fu'ld hivcstniont TruHt Ltd. (capital £I,(>(H), rr^. July, 11)30). Unito<l Kingdom Picture Co. Ltd. (caiiital t^lO.JMM), rcKiMt^'rrd .May, lOa.*)). The Korda uronp i.s alno concrnu'd in tlir Kn^dish orKaniHjition known on Tochnicolour iild., n'giMt<'rcd in July, ID.lo, with a <apital ol i;<MM),0(M) in £1 Hlian-M. The London Film Production l)()ard conHi.stH of: — A. Korda ... ... Chairnum and ManagingDirector ot L.K.P. TruHt, Ltd., etc. Sir Connop Giitliric Director, United Artist.s Corp. (see para. 33) H. A. Holmes ... Director, United Kin^'dom Picture Corp. E. Stovinson ... Director, C. T. Bowrino & Co. (Insuran'ce) Ltd. J. R. Sutro ... Director, L.F.P. Trunt Lt<l. C. H. Brand ... ... Director, Technicolour Ltd. The share list of the company, dated 31st December, 1030, shows that its largest shareholder is the Prudential A.ssurance Co., Ltd., with 25,000 deferred ordinary and 250,000 preferred ordinary shares. Among the other shareholders are : — L.F.P. Trust, Ltd. (of which Mr. A. Korda is the Pref. £1 Def. 1/ largest shareholder) Lloyds Bank City Oftico Nominees, Ltd. ... Midland Bank (Princes St.) Nominees, Ltd. Clydesdale Bank (London) Nominees, Ltd. C. T. Bowring & Co. (Ins.), Ltd Sir E. R. Bowring L. Bowring Stoddurt, Jnr. ... E. iStevinson ... F. W. Stevhison Mary Stevinson W. E. Hargreavcs J. F. Gault (Insuriinoe Broker) Sir C. Guthrie H. A. Holmes C. H. Brand C. S. Crawley (Lloyds Underwriter) Various members of the Sutro fami ! \ L. Toeplitz dc Grand Ry A. Korda Among the creditors of the company the Prudential Assurance Co., Ltd., also appears to occupy the first place. On October 12th, 1936, that concern took up a new debenture issue secured on the company's undertaking and certain real estate (amount not specified: " all money due, etc.", but an enclosed schedule refers to earher advances of £500,0(X) and £82,200 respectively, the latter secured on 54,680 Technicolour shares). Another debentiu-e issue of £274,701 16s. Id. was taken up on October 14th, 1936, by C. T. Bowring & Co. (Insurance), Ltd. 2,500 397,701 — 1,000,000 — 325,000 — 90,000 5,333 — 1,333 — 400 — 3,733 10,000 400 — 666 — 1,333 1,333 — — 10,000 — 20,000 — 5,000 — 5,000 10,000 1 — 1 1,054 301