United Artists Corporate Minutes (Jan-Dec 1935)

Page scan 00071 from United Artists Corporate Minutes

Record Details:

Title:
United Artists Corporate Minutes
Date:
Jan-Dec 1935
Volume:
United Artists Corporate Minutes (1935)
Leaf #:
00071
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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“Os comptroller, and in view of the fact that he has now been elevated to the position of treasurer and is taking on additional duties, it would be fair and proper for the company to increase his weekly salary. it was determined to increase his salary from $225. to $275. 6. kr. ichtman informed the meeting that tie by company was negotiat lew for @ renewal of its present lease on its home offices at 729 seventh avenue, New York City. | sy, wichtmen repated the progress of such negotiations. ; | 7. lar. sichtmwan brought up for discussion the advisability of reducing the cash balances outstanding at the National city Bank, and of opening en account with the Chase Bank (pursuant to a recommendation of Dr. Giannini), the cash bal ance at the National Bank gt the pronent time being approximately $450, 000. in Se | = It was decided to transfer immediately +250, 000 from the National City Bank to the bean: of america in Los shawn and that the balance inthe National City Bank be reduced to about $100,000. required for current working operations, and that Mr.Lichtman see Mr. «.Wealdrich, Chairman of the Boerd of the Chase Bank, with e view to opening an account in such benk. &. mr. Silverstone discussed with the Committee the matter of the bank accounts now being maintained in Lnglend, and the amount of the deposits maintained in the Bank of america end in the Guaranty ‘rust Company. He stated that it was extremely advisable thet ~ | tose crn hs ng lta aiae aan tarapt attic ~ x eae wa re ee ° ie va ¥ cS OS ae 2 iy ee ne ee eee, eee a & es Ue nleree Jere The os Sn canceeh eee en made eee aera” eee: stoeee Ro oe. ed ee te RE LE: Oar)