The Moving picture world (November 1925-December 1925)

December 12, 1925 M Ol^ ING PICTURE WORLD 533 International Projector Corp* Formed Merging Power, Precision and Acme Three Prominent Manufacturers Join ForceS) Providing for Still Finer Mechanisms, To Be Quartered at 90 Qold Street OFFICIAL announcement can now be made of the formation of the International Projector Corporation, Inc.. under the laws of the State of Delaware, which has acquired the entire business and assets of the Nicholas Power Company, Inc., and the Precision Machine Company, Inc., both located in the City of New York, and the Acme Motion Picture Projector Company located in the city of Chicago, all leading manufacturers and distributors of motion picture projectors and accessories and other apparatus pertaining to the motion picture industry. These corporations have been active in the industry since 1907, 1913, and 1916 respectively. -fllllllllllllllllllllllllllllllllllllllllillll!llllllllllllllllllilllllllllllU!llllllllllllllll>lllll^^ I Banditry Worse | 1 /Tr\HE payroll bandit situation in f S JL Louisville has grradually become l S worse and the Armored Car Company, i S formed a year or two ago, has now = I made plans whereby it is picking up | I each night the daily receipts of the | 1 picture theatres, oil stations, confec | S tioneries and other concerns running s 1 after banking hours, the money being | i placed in locked satchels and carried by | S the armored car concern to the Louis § 1 ville National Bank, where it is dropped | 1 through a locking cylinder into the 1 1 bank vaults at any hour of the night, | i without unlocking bank doors. De | S mand for this service has increased 1 M until the car companies has increzised g I its capital to $25,000, in order to put 1 1 on more cars. g 1 On November 224 a payroll clerk of i 1 the Brown Theatre and Brown Hotel | 1 Company was slugged at the mouth of g g an alley, just north of the Brovnn g 1 properties, and relieved of $2,500, the g : men jumping into a car and getting g i away. Later one of them was reported 1 M captured in a second attempt in the g g same ilay. g iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii DOWNING MINORITY LEADER Now that the Democratic leaders of New York State have finally settled upon Senator Bernard Downing of New York City as the minority leader in the State Senate at Albany this winter, the film industry can breath a bit easier. Senator Downing, through long experience in the Legislature, knows all the tricks of the trade fully as well perhaps as Mayor-elect James Walker, who so ably represented the film interests at Albany year after year. His selection means that exhibitors will have a representative with the time and the inclination to listen to them. LISTS NEW YORK OFFICE A statement designating New York City as its ofifice in this state was filed in Albany last week by the Picture City Corporation of Miami, Fla., Charles L. Apfel as president. The company stated that it would begin business on a capitalization of $20,000 and that its New York office would be at 522 Fifth avenue. The company is permitted to have 10,000 shares of stock outstanding, of a par value of $100 each. ROB ST. LOUIS SAFE Patrick Collins, manager, and two ushers of the King Bee Theatre, 1710 North Jefferson avenue, St. Louis, were stuck up by two bandits on Thanksgiving night. The robbers forced Collins to open the safe and secured $557. The St. Louis Amusement Company owns the King Bee. The Power, Simplex and Acme motion picture projectors, which are manufactured in the respective plants of the corporation, are widely known in the industry. They will continue to be manufactured and the individual identity of each machine will be fully retained. The business formerly carried on by the Nicholas Power Company, Inc., and the Precision Machine Company, Inc., will hereafter be conducted in a tenstory fireproof building situated at 90 Gold Street, New York City. This building and the land on which it is located are owned by the Cinema Building Corporation, all of whose stock is owned by the International Projector Corporation. The retailing of the manufactured product will be continued through the present channels of distribution. The personnel which has been responsible for the marked improvement in the manufacture and distribution of the respective projectors during the past two years FOR the present there will be no test of the arbitration system and the uniform contract in the New York courts. The case of Apollo Exchange against the Wellmont Company, hailed as a test case for arbitration, was settled out of court this week just before it was to come to trial before Justice Proskauer in the Supreme Court. The plaintiff, it is said, under the terms of the settlement will accept seventeen pictures and pay $5,000 for them. The outcome of this case, which attracted national interest, is extremely disappointing to the national exhibitor officials, who saw in it an opportunity to prove in court their repeated contentions that the present contract and arbitraion mehods are unfair and illegal. The defense planned to force distributing companies under oath to say whether they will sell any exhibitor who refuses to sign the existing contract. Norman Samuelson, attorney for the New) Jersey M.P.T.O., is one of those who is dissatisfied with the adjustment. He stated that he had no part in bringing it about and is to be continued with the new company. New methods of manufacture have been instituted with resultant benefit to both the seller and the user, and the present sales policy will be continued since it has proved to be of distinct benefit to all identified with the industry. Experience for a long period of years has proved the economic necessity of this move and it is anticipated that time will further prove the wisdom of it from the standpoint of both the user and the manufacturer of motion picture projectors. The International Projector Corporation bespeaks the continuance of the good will and support for so many years accorded the Power, Simplex and Acme projectors; the good will which the manufacturers of those projectors have so earnestly striven to build up and maintain. This has been done through the furnishing of a satisfactory product fully supported by a highly efficient service. that he was resigning as counsel of the organization. Cadwallader, Wickersham & Taft, counsel for the plaintiff, had filed affidavits by ofiicials of several distributing companies asserting that any exhibitor could obtain product without signing the contract. These affidavits were to combat the charge of duress. Samuelson was eager to make them a definite issue. The settlement of the case leaves several issues in the air. BALTIMORE BURGLARS FAIL Four burglars were foiled in an attempt to rob Warners' Metropolitan Theatre, Baltimore, on the morning of November 27. After they had bound and gagged the watchman, they left him lying in the aisle of the theatre with one man on guard over him, while the rest attempted to open a huge safe but failed. The safe contained $300, which belonged to Bernard Depkin, manager of the theatre. Twenty-two hundred dollars was taken out of the safe early in the evening. Apollo-Wellmont Case Settled; Exhibitor Heads Disappointed