United Artists Corporate Minutes (Jan-Dec 1931)

Record Details:

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~—sompeny's funds from Japan is hereby approved. already been filed. i ee It was moved by Mr. Burkan, seconded by Mr. Banzhef, and unanimously carried, thet the action of the officers of the company in designating the National City Bank of New york, 42nd Street Branch, es depository for the The Chairmen steted that on July 27, 1931, he authorized a loan to the Disney Brothers, producers of the MICKEY MOUSE anc SILLY SYMPHONIES COMEDIES, of $16,000.00 which was evidenced by two notes of Disney Brothers, duly endorsed by Roy Disney and Walter Disney, one in the amount of $11,000.00 C _ end the other in the amount of $5,000.00, . both iteeiie is kk oabiiin from the 20th day of July, 1931, beering interest et 6% per annum. The loan is secured ly two mortgeges, one on Lot 22, Block 16, Les Angeles, Celifornie, ‘and the « other egeainst an easement in Lot 21, Block 18, Los Angeles, Celifornie, together with ; N2D a the studio buildings on seid premises.