United Artists Corporate Minutes (Jan-Dec 1939)

Record Details:

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14. “Gn the Walter Wanger Company situation, apenas among other “The present — es for wany months and can make the following Geail for quarters owned by the°same landlord: lease is to be cancelled, end the Cor: oration is to enter into e new six-veer lease. This means that it is tekine 4 commit ment of 4% bb be s in addition to what it now has. All alterations and decoretions ere to be done at the landlord's expense. He will instell an adecuate cooling system. The rent is to be $400. @ month. Mr. Buckley further reports that while this ia &@ substantial increase cover whet we ere now paying, he considers same justified because the present quarters are entirely inadecuate and 2 has endeavored for more then e year to work some sort of chet tne oe at a rent more near = in line with what the Corporation is pé&ying. The General Menecer made an exhaustive report. things, Bares Mr. Jameg A. Mulvey hed resizned’ as e director. of the Wenger Company and thet the vacancy hes not yet been filled. completed was "WINTER CARNIVAL® , He also revorted thet the last Waencer picture to be end thet the picture wes fully peid for and that the Wanger Company had $438,000. to its erecit in the Benk; thet in addition, the residual velue of. relessed pictures was e considerable sum. 15. The expense accounts of Mr. Silverstone and ur. Raftery tn connection with their recent trins to Cald fornia were ‘presented and approved. — we