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The Chairman stated that the meeting was called a
' to consider tie proposition that this corporation lend to Samuel Goldwyn,Inc.. the sum of $100,000, said loan to beaf interest at the rate of six per cent (6%) and to run for a
period of three months, and tote evidenced by a note of
>
Samuel Goldwyn,iInc,. As security for this loan the corporation is to receive an assignment of the film rentals to ace crue om the picture entitled "RAFFLES".
. The Treasurer reported that the security offered by Samuel Goldwyn,Inc. was ample as there was sufficient unplayed business already contracted for with respect to the said pistere "RAFFLES" to liguidate the loan. “~~
Upon motion duly made, seconded and unanimously adopted, it was
RESOLVED, bay UNITED ARTISTS CORPORATION lend
o SAMUEL , INC. the sum of OnE HUNDRED THOUSAND DOLLARS ($100,000) for a period of three (3) months, with interest at six per cent (6%), said loan to be evidenced, by a note made he Samuel Goldwyn,Inc. and payable tt (3) months after date and béa nterest at the rate of six per cent (6%) per annum; and it was further
RESOLVED, that said UNITED ARTISTS CORPORATION receive as security for said loan an assignment from SAMUEL GOLDWYN, INC., of the film rentals of the picture entitled "RAFFLES", with the right to United Artists Corporation to, debit‘weekly the balances accruing to said Samuel Goldwyn, Ine.,from said film rentals, until the amount of said‘loan with interest shall have been liquidated; and it was-further
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