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Vag aes 2
stated further that he realises the treatment accorded to him while he was
in the hospital and would consider himself an inzrate if he did not take
the matter up with the cazpany first before making a deal siusteares In
filling the vacancies, he docs not want to be accused of making temporary
appointments. ven if his contract is not renewed, he would give everything
he bas to the campany right down to the 35th day of next year. Mr. Sears
then left the weeting. In a discussion of Mr. Sears’ contract, various
directors stated that they heard nothing from the owmers which would indicate
that the owmers were “sb desirous of having Mr. Sears’ contract extended.
The consensus was that this matter should be taken up with the omers.
The Chairma stated that a six months’ notice of resigqation was given to the Canadian Motion Picture Distritutdrs Association but our Manager in Canada urged that we saintain our membership in the Canalian organization. the cost is only $92 per acnth and it renders a different type of service thm the Hays Organizaticg. It was the opinion of the meeting that this neabership should be €ontimued.
18. MISUTES OF SOVEGER lace MEsriNG — . Mr. Mills moved to strike out the last sentence of Item 4 relatiag to the Los Angeles theatres. Mr. Cole seconded the sotion and it was
carried unanimously.
Mr. Kramer pointed out that with respect to Item 6, Company Owned Pictures, that ad though Management was mithorized to negotiate in respect of the possible sale to Mr. Schaefer, it was made perfectly clear that the
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price of $1,000,000 was considered entirely out of line and that tne sole