Word: foxe
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Dates: during 1920-1929
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...Rivier "left nothing behind it but regret that Paris had devoted itself to the pursuit of the American fox."-W. J. Henderson in the New York...
Triumvirate. Banker of the triumvirate is Harold Leonard Stuart, bachelor president of famed Halsey, Stuart & Co. In 1927 his firm issued a booklet, The Motion Picture Industry as a Basis for Bond Financing, at the same time underwriting their first Fox issue. Trustee Stuart will represent his firm as Fox bankers and his firm's customers as large investors...
John Edward Otterson, president of Electrical Research Products, Inc., a subsidiary of Western Electric, in turn a subsidiary of American Telephone & Telegraph, is the third member of the triumvirate. Twenty million dollars of sound equipment in the 1,200 Fox Theatres was installed by his company. In addition, Western Electric receives royalties on its patents used by Fox, is therefore concerned with the future business of the company...
Almost the first act of the trustees was to appoint Charles Evans Hughes counsel. To him will come not only the routine problems of passing on the legality of the triumvirate's financing, but the problem of facing the suit brought against Fox last fortnight by the Government, charging violation of the Clayton anti-trust law by its ownership of Loew...
...object of the triumvirate is not to change the policy of the company but to arrange a method for meeting the obligations incurred by Cineman Fox. Assurance that the affairs of the company will remain in such conservative trustees' hands for five years will make lenders more willing...