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

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36 MONEY BEfiiNi) THE SCREEN 36. The third studio enterprise associated with the United Artists group is Worton Hall Studios Ltd., registered in January, 1936, as a £10,000 company (in £1 shares) with A. S. Cunningham Reid, M.P., Marcel Hellman, D. Fairbanks, Jr., and A. G. Smith as directors and F. M. Guedalla as solicitor. Paul Czinner resigned from his directorship on 26th August, 1936. 37. Like the majority of independent producers in this country the other United Artists producers are private companies with very small capital resources of their own, their productions being financed by short term loans. This method of financmg is discussed in Section B (para. 47, p. 48). The units in question with their capital and directors arc as follows : — ATLANTIC FILM PRODUCTIONS LTD.— Reg. November, 1935, capital £30,000. Directors : D. E. Brown (Insurance Official), T. Dodds (Solicitor), A. Esway, J. E. Jewell (Writer), A. Tolnay (Journalist) ; in addition to the Directors the shareholders include the Marquis H. C. Pallavicini (5,000 shares), J. McGowan (500), Mary Jewell (3,000 in addition to her husband's 11,140), Joan du Gurney (New York, 500), Sarah E. Fisher (500). Charges outstanding : £58,750 (Aldgate Trustees). BERGNER-CZINNER PRODUCTIONS.— No details found, but Bergner-Czinner are concerned in Forum Film Productions Ltd., reg. December, 1934, capital £5,000. Sohcitor : F. M. Guedalla, and in Interallied Filivi Productions Ltd., reg. July, 1935, capital £2,000. Directors : J. M. Schenck (Twentieth Century Fox), Dixon Broadman (Balfour & Broadman), P. Czinner, F. J. Clark, C. B. Cochran, F. M. GuedaUa. (Produced ' As You Like It," released through Fox British.) BRITISH CINE ALLIANCE LTD.— Reg. August, 1935, capital £25,000 (10,000 ord. £1 and 15,000 6% cum. pref. £1 shares). Directors : Major H. A. Procter, M.P., Barrister and Conservative M.P., Arnold Pressburger, L. A. Neel (Director of Buell Combustion Co., Ltd. and United Water Softeners Ltd.), Max Schach, Vice-Admiral E. A. Taylor, one-time Empii-e Crusade M.P. and now Conservative M.P. CRITERION FILM PRODUCTIONS LTD.— Reg. June, 1935, capital £10,000. With the addition of H. A. Jawes the directors are the same as those of Worton HaU Studios (see para. 36). Charges outstanding : £212,000 (Aldgate Trustees and Capt. Cunningham-Reid). ERICH POMMER PRODUCTIONS LTD.— No details found. GARRETT-KLEMENT PICTURES LTD.— Reg. March, 1935, £10,000 capital. Directors : R. Garrett and Otto Klement. PALL MALL PRODUCTIONS LTD.— Reg. March, 193G, capital £10,000 ord. £1. There are also two debenture issues of £50,000 and £35,000 respectively (issued at 20% and 15% fiiscount respectively). Directors : Lothar Mendes (Director, Lothar Mendes Productions Ltd.), H. B. Ham (Director of Myron Selznick (London), Ltd.), A. H. Smith (Solicitor of Herb. Smith & Co., Director of American Association Inc.), T. Kilbey (Company Secretary), and Lord Ponsonby (Under-Secretary for Foreign AtTairs, 1924). Shareholders: Lothar Mendes (5,000), National Bank (Branch Office) Nominees Ltd. (4,998). TRAFALGAR FILM PRODUCTIONS LTD.— Reg. January, 1936, capital £25,000. Directors : L. A. Neel and Max Schach (sec British Cine Alliance) and A. B. Baxter. Charges outstanding : £450,000 (Aldgate Trustees) and a mortgage of £(50,000 (Equity & Law Life Assurance Society). VICTOR SAVILLE PRODUCTIONS LTD.— Reg. April, 1936, capital £10,000. Directors : V. Suvillc, J. Somlo and J. G. Saunders. Charges : £320,000 (Denham Securities).