Word: inc
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Dates: during 1930-1939
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Biggest share of the Hollywood budget will probably be spent by Metro-Goldwyn-Mayer, opulent producing subsidiary of Loew's Inc. Accustomed to spending as much as $3,000,000 on a picture (Conquest, Marie Antoinette), M-G-M does so to give proper setting to Hollywood's greatest star roster, to produce most of Hollywood's best jobs, many of its stuffiest. Over last fiscal year, Loew's Inc. topped the cinemindustry with a net income of $14,426,062. In the coming season, MGM's schedule calls for 52 films, to include Northwest...
...Reynolds, said Mr. Ballantine, had no asset values, the prices were excessive and the sellers should have known that some raid on the companies' assets was planned. Further the bill of complaint specified other interesting uses of Continental's funds: to buy all stock of Corporate Administration, Inc., substantially the only asset of which was a management contract with Administered Fund Second, Inc.: to buy stock of an aircraft corporation regarded by the trustee as of little or no value; to buy a stock exchange seat for a customer's man; to make a loan (now defaulted...
Oshkosh Motor Truck, Inc...
...Covington, Ky., the court refused to enforce an NLRB order that Cleveland's Thompson Products Inc. (automobile parts) rehire three United Automobile Workers, cease opposition to their union's organization drive. Couple of days later the court again found that NLRB had ignored preponderant evidence in directing Cleveland's Sands Manufacturing Co. (valves, water heaters) to reinstate 48 strikers, resume negotiations with the Mechanics' Educational Society of America...
Hollywood woke up one morning last week to find its self-satisfied air full of dead cats. The slingers: Manhattan's Independent Theatre Owners Association. Inc. Their targets: Greta Garbo. Marlene Dietrich. Mae West. Joan Crawford, Kay Francis. Katharine Hepburn. Edward Arnold. Fred Astaire. The reason: These highly-publicized great ones were "poison at the box office." "WAKE UP." screamed the theatre owners to Hollywood's producers. "Practically all of the major studios are burdened with stars-whose public appeal is negligible-receiving tremendous salaries . . . Garbo, for instance . . . does not help theatre owners...