Business: Deals & Developments

Fox Leases. Spoyros Skouras and his brother George built up a chain of motion picture houses in the Middle West, sold them to Warner Bros., but kept some theatres in & around St. Louis. Last January the Brothers Skouras resigned from Warner Bros., began building up a new chain. At the start of last week they had 26. At the end of last week they had 73. The 47 new theatres were rented from Fox Theatres Corp. on 26-year contracts, consist of all Fox's Manhattan-Brooklyn-Long Island chain except for the de luxe houses. Fox...

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