| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
| 101 | Preferred stock | 19[19], black and gold | #3075 | VF | $30 |
| 102 | Ordinary stock | – | – | – | $- |
Democracy Photoplay Company
Incorporated in Delaware in December 1918 by Lee Francis Lybarger to make a 10 reel film ‘Democracy – the Vision Restored’. The company leased the Edison studios in New Jersey and their offices were based at Mifflinburg, Pennsylvania.
Capital $1,000,000 in 8% Cumulative Non-Votable Preferred stock and Votable Common stock.
1918