1254

B.F. Keith's New York Theatres Company,

Currency:USD Category:Coins & Paper Money Start Price:150.00 USD Estimated At:300.00 - 600.00 USD
B.F. Keith's New York Theatres Company,

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Auction Date:2007 Feb 01 @ 10:00 (UTC-4 : AST/EDT)
Location:1580 Lemoine Ave., Suite 7, Fort Lee, New Jersey, 07024, United States
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Specimen. Odd shs, Class A voting Stock. Orange. Fancy title. Among the major players in the Vaudeville circuit were B.F. Keith N.Y. Theatres Co. with 7 theatres. In the late 1880s, Benjamin Franklin Keith and Edward F. Albee, acquaintances from their earlier days in the circus business, joined forces to promote "polite" vaudeville. To this end, Keith and Albee opened several lavishly remodeled theatres on the east coast, censored most crude remarks and revealing costumes from performances at their theatres and prohibited boisterous behavior such as hissing at performers during their productions. The Keith and Albee brand of "high class" vaudeville was thus underway by the end of the nineteenth century. In the mid-1920s vaudeville's popularity began to ebb as the success of motion pictures increased. Albee first tried to stem the decline of "high-class" vaudeville by merging with a prominent western chain of vaudeville theatres, the Orpheum Circuit, forming the Keith-Albee-Orpheum Circuit in 1927, but in 1928 he sold $4,500,000 worth of stock to film magnate Joseph P. Kennedy. (3) After Keith-Albee-Orpheum combined with Kennedy's Radio Corporation of America (RCA) to establish Radio-Keith-Orpheum (RKO), Albee lost his control over the organization and films became the primary entertainment, although vaudeville survived as an accmopaniemtn to feature films through the mid-1930s. Rare stock certificate of RCA predecessor company. SBNC. XF.