Motion Picture Producing Company of America
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Product Details
Company | Motion Picture Producing Company of America |
Certificate Type | Preferred Stock |
Date Issued | September 27, 1919 |
Canceled | No |
Printer | Broun-Green Co. |
Signatures | Hand signed |
Notable | NA |
Approximate Measurements |
11 1/2" (w) by 8 1/4" (h) |
Product Images | Show the exact certificate you will receive |
Guaranteed Authentic | Yes |
Historical Context
The Motion Picture Producing Company of America was incorporated in Delaware in 1919 and was based at 358 Fifth Avenue in New York City. The company was a silent movie distributor which was described in the June 16, 1923 edition of the United States Investor as follows: "The Motion Picture Producing Company was brought out by Johnson & Hopkins Company of the same address. Any doubts were answered in 1923, when the company and its President, Walter L. Johnson, were charged with fraud. The Cumulative Daily Digest wrote: "Supreme Court Justice John Ford at New York July 17 granted temporary injunction restraining the further issue and sale of stock and set a hearing for July 20 on the State's application to make it permanent. The injunction was issued against the the Motion Picture Producing Company of America, National Exchange, Inc., Johnson & Hopkins, Inc., and Walter L. Johnson. President of the three companies, all of 398 Fifth Avenue, New York. Deputy Attorney General Dwyer says that the Cos. have no assets, but owe $25,000 beside the capital liabilities of $750,000, and have never produced a complete picture. Of the $750,000 received from stock sales, $475,000, it is charged, was pocketed by Pres. Johnson and the remainder spent on promotion expenses." |
Additional Information
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