United Artists Corporate Minutes (Jan-Dec 1931)

Page scan 00067 from United Artists Corporate Minutes

Record Details:

Title:
United Artists Corporate Minutes
Date:
Jan-Dec 1931
Volume:
United Artists Corporate Minutes (1931)
Leaf #:
00067
Language:
English
Subjects:
Motion Pictures, Motion Pictures
Collection:
Hollywood Studio System
Contributor:
Wisconsin Center for Film and Theater Research
Sponsor:
Mary Pickford Foundation
Coordinator:
Media History Digital Library
Date Added:
August 27, 2022
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desire ae loan of $200,000 at the rate of &, giving as a collateral, e note of the Caddo Company endorsed \person ally by & $ Koward Hughes, 36 an assignment of all film rentals from the world's distribution of the picture c:lled COCK OF THE AIR. The Chairman stated that it was necessary a ~ to -immedtetely advance the Caddo saddo Compeny $50, 000 on ac count or” wetd eke, Wield ike Weg ia done. ree cnt gee It was var by Mr. Burken; seconded by Mr. a Nayfack, and unanimously carried, that the aeitor of the a and an chairman in advencing $50,000 to the Caddo Comp additional $150,000, making a sore of $200,000 is hereby epproved and thet the Cornoret ion séneets «the note of the Ceddo Company due Merch 1, 1932, for a like amount, bearing interest at 6 to be duly endorsed by Mr. Howard Puetes, — and the assignment egainst the world's fil=a rentele on COCK OF THE » an o-the-neretiveofsaid picture as eddition-l ecolleteral until the loen is Licuideted. The | general counsel of the company is hereby suthorized to prepare the necessary instru ent tor this purpose. pemnacad The Chairman steted that the officers of the company have just concluded « distribution agreement with a Columbia Pictures Corp. for the distribution of their product in our Spanish oxchense.