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44 MONEY BEHIND THE SCREEN
nominee companies (Barclays, Lloyds, IVIidland and Royal Bank of Scotland), but the largest individual holding does not exceed 6,600 preferred ordinary shares. The company owns a studio at Beaconsfield and entered a joint production arrangement with Hammer Productions, Ltd., in February, 1936. (Hammer Productions, Ltd., incorporated 1934, is now a £5,000 company, mortgages outstanding £51,000, director and shareholders : W. Hammer, 0. J. & G. A. Gillings and H. F. Passmore).
TWICKENHAM FILM STUDIOS, LTD.— Reg. 1929, capital (nom.) £33,500, issued: 21,500 preference shares of £1 and 240,000 deferred shares of 1/-. Directors : —
Julius Hagen (Director, Real Art Productions) ;
J. A. Carter ;
F. P. and R. P. Philip (formerly Isaacs) (Directors of Twickenham Film Distributors). The main shareholders are Leslie Hiscott (8,455 pref. and 187,794 deferred) and Margot Isaacs (4,600 pref. and 10,200 def.). There are also £35,000 mortgage debentures outstanding in the name of the Westminster Bank, Ltd. The company owns studios at Twickenham and Hammersmith (the former New Ideal Pictures studios acquired by Hagan together with P.D.C., Ltd.), and also controls J.H. Productions, Ltd., with studios at Elstree. Distribution is effected through Twickenham Film Distributors, Ltd., a new company formed in May, 1935, with £55,000 capital in 50,000 0% cum. pref. shares of £1 each and 100,000 ord. 1/ shares. The following debentures or charges are registered in the name of C. T, Bowring & Co. (Insurance) Ltd., May 1935, £140,000; November, 1935, £110,000; October 193G (supplementarv) £150,000 ; December 193G, £34,500. A charge of £35,000 is registered in the name of H. G. Judd.*
SOL^D CITY FILMS, LTD.— Reg. 1933, converted into public company 1935. Capital : authorised £350,000, issued £156,203, in ordinary 5/ shares and £135,000 in 6% participating preference shares of £1. There is also a debenture issue to Equity & Law Life Assurance Society, Ltd., covering advances up to £100,000 at 6%. Directors:—
N. G. W. Loudon (Chairman) ;
J. P. Steacy (also Director of Tiffany Valley Rubber Estates, Ltd.,
and Town & Country Estates, Ltd) ; L. G. Hill (also Director of Gilbert Films, Ltd., and U.K. Films, Ltd.); Main shareholders : —
ConsoUdated Nominees : 31,335 ord., 39,811 pref. ; Littleton Pink (Holdings), 277,910 ord. ; N. G. Loudon, 63,282 ord. ; S. Greenlees, 40,000 ord. ; F. R. Walker, 10,000 ord. The company owns the Sound City studios, mainly let out to other producers. It also produces films through its subsidiary U.K. Films, Ltd., and has acquired all shares of Gilbert Films, Ltd., proprietors of Associated Producing & Distributing Co., Ltd., for £50,000 cash.
BUTCHERS FILM SERVICE, LTD.— Distributing American and English films mainly in the provinces (the latter usually made by them in partnership with various independent producers) is wholly controlled and owned by
*In December 1930, E. Stevinson of C. T. Bo^\Ting & Co. (Insurance) Ltd., joined the board of Twickenham Film Distributors, for whom a receiver was appointed by the former company on 9th January, 1937.