United Artists Corporate Minutes (Jan-Dec 1939)

Record Details:

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5. The General Manager stated thet the, Hal Roech contract called for a series of Laurel and Hardy four-reelers; thet it wes the opinion not only of the producers but also of the distributor that these fourreelers should be increased to feature-length pictures. Authority was therefore given to modify the Hal Roach contract so as to provide for this change in type > Laurel and Hardy pictures. 6. The Treasurer called to the attention of the meeting that at a meeting held July 11,1939 approval was granted to a compensation deal whereby 46500 was to be received for aporoximately 2,350,000°Czech Crowe. Onehelf of this transaction was compldted before tiie wer. Otto Mantell, the Corporetion'’s representative, had recently returned to Prague and had cabled as follows: "Entire new deal necessary Offer half previous rate Cable if accept"; that after approval by the principal producers and four of the directors who were contacted personally, United Artists Corporation had cabled its acceptance. Ratification therefore was given by all of the directors of this approval, with respect to the Corporation's share. 7. Mr. Raftery reported thet the Supreme Court