United Artists Corporate Minutes (Jan-Dec 1937)

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ae restraining Tricolor from mailing threatening lettérs tc exhibitors. “ = 4. @ “ir. Muller reported that after the closim of the Sletcher American Netional Bank, Indianapolis, indiana, ° Pe: tne United Artists Corporation, as well as other depositors of thet institution, subscribed to stock of the 4 ean National Sanx, Indianapolis, which was formed > he re organization committee; that the stock cost United artists Corporation $270 for 15 shares; that although the merket price of the stock has deen as low as 57.00 per share in 1935, “a it hac now reached $18.00, the price United Artists Corporation <d peia for it. After discussion; it was azreéd thet the stock should be seld by the Company until further notice. Se Mr. Muller stated that Alexander sSarham left the eaploy of.United Artists Corporation at Cristobal, and Adolph Nilhelm Yriedt had been engaged in his place; that it was necessary that the Executive Committes pass three resolutions to cover the chanzes of simqetures occasioned by the substitution f employment. On motion duly made, seconded and unanimously adopted, it was RESOLVED, that the mame of Adolph Wilhein Wriedt oe substituted for Alexander Sarhem as a signatory of checks on the following banx accounts of the corporation: Royal Ban« of Canada, Caracas, Ven., Royal Bank of Canada, Maracaibo, Yen., Danco ~ Nacional de Nicaragua, Menagua, Nic. 6. Mr. Muller reported tc the Sxrecutive Committee the fact that at the request of Mr. Guedalle, United Artists Corpore. tion acknowledged receipt of Irrevocable Authority from Atlantic Film Productions Ltd. to pay to Aldgate Trustees Ltd. the producer's share of revenue to becase due from the exploitation of all pictures to te delivered under acreement dated July 8, 1936; ani receint of letter from Aldcate Trustess Ltd. requesting United artists Corooration to pay such money to Lloyds 3ank Ltd. The Atlantic Film Produetions contract covers distri bution throuchout the world except the United States and Canada of the picture "THUNDER IN THS CITY.” K. ‘ Mr. Mullegespeported that Dr. Giannini advises that the Stockholders have authorized Murray Silverstone to sdvance to London Film Productions Ltd. &65,000 on delivery of and secured | by first lien 6n "KNIGH? WITHOUT aAHiCR.” «8 ‘re Muller stated that in connection with tae. Jithholding