United Artists Corporate Minutes (Jan-Dec 1944)

Page scan 000160 from United Artists Corporate Minutes

Record Details:

Title:
United Artists Corporate Minutes
Date:
Jan-Dec 1944
Volume:
United Artists Corporate Minutes (1944)
Leaf #:
000160
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 28, 2022
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-s . \ to Mr. Selgnick to find out if Mr. Selenick wished to make the loan notwithstanding the financial position of the corporation, and he suggested that the meeting de adjourned until the next aorning. Mr. Sears stated that he understood there was a law suit already started against the former directors by ome of the stockholders and he felt that the pesetbility of a further law Gait teomse of the proposed fiamicing of Miss pickforehoula be considered. Mr. Mills stated that he had already read a bill of complaint against the former directors becaise of their approval of the purchase of the Korda stock. “ The Chairman stated that the domestic back 106 at Hoventer llth amounts to $8, 457, 700 This represents film rental expected to be received on pictures now in release. Of this sus SINCZ TOU WEFT ANAT represents 3,455,000 The corporation's share of 25% or better on 5,002, 700 would be $1, 260,000 10% om SIECE TOU WHET amaY 3, 455,000, j would be —— 350,900 making a total of $1, 500,000 the great talk of which will play during the next six months. In answer to a qusry, the Chairman stated that the’ deneutte operating cost, including advertising, amounts to about $90,000 per week. 5.” ZEAE ORGANI ZATL ONS Mr. John C. Flynn egtered the meeting and answered qiestions of the directors concerning the Society of Independent Motion Picture Producers. The Meeting then adjourned unt!l Wednesday, November 22nd,