United Artists Corporate Minutes (Jan-Dec 1939)

Page scan 00025 from United Artists Corporate Minutes

Record Details:

Title:
United Artists Corporate Minutes
Date:
Jan-Dec 1939
Volume:
United Artists Corporate Minutes (1939)
Leaf #:
00025
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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a The Foregoing right to refunds shal! cease as cf December saa Si, Lees | Cis OVERRIDING ADDITIONAL REFUND BASED On } Ries + ANNUAL WORLD. PSEYED-A-BABREB nee aR a oe ea $8, .,000, 900 to $9,000,000 | 3% ee. 9,000,909 to. 10,000,009 __.__ ; SS ee hte ® “en all over id, 900,900 The foregoing right to refunds shail cease as of Decenber = 743 Sl, 1940. * a (a) ‘Should the total "additioml" amounts | peyabe a oar. eyear to sll of the See tae ee producers entitled to and/or give terms set forth in paragraph reat annual profits that year of the corporat event, the total "additional" amour to an aggregate amount equal bs vided, however, SS eee (b) Should the net profits and in that event, the total "addi: shall be the excess” ‘above the sum (ce) In the event of the hi under (a) or (b) hereof, there s centage ratio that the sum aveilable | payable bears to the total "additic & . have been payable under paragraph 2 ratio shall then be applied to the amot been. payable to each participating Produc gency not arisen, and the say kg anounts thas shall be so paid. (4) Net profits of the corporation shall be those of = a consolidated balance sheet and profit and loss cues ; ciuding all subsidiary companies. od 2 (> As regards net profits, they shall be ascertained REDE nroner vrovisiton an? ¢educticn for taxes and contingent iabilities, and such like matters as any prudent’ man would adopt in the course of carrying on his business. —" ence A AS ES AT a ~ .