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~ — —ñ = — ad = 3 = <3e * * 3 f $ — — — * — * ve. . — . Fd ost Of tha eeoes Patrw-a and tn feweteo Sha 6 Sez — — —pecelve 665 Sot ofthe oross returs} ¥ —
——— the eor oꝛrat Ion rould aivance . those ensaced 5 in the procuetion of s.id motion picture the ful: amant so requ.re), or nct * exceed “S50 ,G00s; tet egsci of the aforeseid «© ~ PersCAsy*ormits. i, Moaloc, MU. Fairbanks, ire pi in," : im, Griffith and ‘isc —— civa bis cr mer iemeni ae $epto~ sni4-Corporation eyidencingythe promise to ney ones ce : * ifth (1/5) of the seid amvnt, = thet the corporation may use seid netes as collateral in the bor owing of-any moneys, tat the corporation my decide to borrow relative to the amunts of money to be loerie@” to the imlividusls avove menticaed. The aforesaid mo ‘neys to be paid by tne Corporation to ur. Grifsith won he may need the samc to defray disbursements incidental ; to the aforesaid joint venture, nd to be sccounted for. weekly — or monthly, as the same may suit the convenience.of ‘ir. Gri*fith, _.. by itentzed statements showing such disbursements. ur. -Griffit®™ fu¥ther explained the pro-tts trom the broduetion_ of this mticn = picture are to be divideg inte six parts, tro-si#®h to ir. * —— an? one sixth to each of the versons associated —— —
gin the joint venture. .
RSSOLVED: That the above proposal’ of ire Grirrith be ac-epted, * — and that the attorneys for the qorporation should confer with ~
the repres tives of the aforesaid indivicuals and have executed 6 eemteees 35 keeping with such recolution.
"RESOLVED. PURTEERs Timt—tne President cx:, Treasurer tey-em-taey —— ae are hereby authorized to negotiate a loan with the :
— bnlon Trust Company of New York, in which the corporetion _ depesits mneys, to borrow as ouch money as my be required to defrey ths cost of the produetion of the said motion picture, remittance not to exceed — —— — * wef President explainod to the Board thet “he nad conferred with Me 4 :
—— — — —— — — —— oe
: rate of at least #15,000 3 we ‘It later ——— that the weekly payments —
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=
————— —— bina —— ———— ———— —— SES REIS — ———— — —
Banzhaf, an! it developed that. at least 5204000 snould be mde, tmibiiateiy * “pwailable (350,000 t> be repaid to the United artists Ootporetion for ti :
+ eh ite es hs OG Wa
sdvance to Ure Griffith in Jovenber to maxe the Initial — to Miss
Keane), "25, 080-1 for current expenses as the produeticn of tne notion picture J
*
hai teen started, end 625,000 evailabie for payment on short notine. to. Miss fae ee
Keane as the second — and t: at furt ner ————— — be required at the
— — o
ahould be raised to at Leust ** He’ stated that ne nad figured the
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— * ales — take s* : —