Walter Elias Disney Part 02

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3,500 wan._.Ve.!t Di: =.cy&#39;a "new seven-yea:t an exec prodtcer and generasupervisor o1 Disneyland will be
voted upon by Disney stockhold-ers May 16 mceti
 in Burbank.According to pro _es sent stock-holders yesterday, new deal hasalready been approved by Bank of§America, National Trust vi Sav-ings A:::.;n., and Pr92.*.:le.i-tisl Insur-ance Co. of America, from whomDisney company has made substan-tial loans.
Under terms of new sgree_mentdated Jan. 1 1981, .-&#39;:&#39;alt Disneywill receive $§ 500 a week, increaseof $500 weekly and $1,668 eachweek in deferred gaymrts to himor his family  on eath! for periodgit one and a half tunes length ofse cea.
Payments, according to roxy,represents increase of $26,080 an-nually. The deterred _ paymentswill begin with expiration of
seven-year deal or extensionthereof, but not later than Jan. 1,
Diane also is to be availablefor conégtation during G-efcrreda . ~ -.péglfifra also will vote on anamendment to continue contractof WED  Walter E. Disney En-te rises! to render architecturalan? desé
lng services to Disney-land so s,10ss.
"Disneyla:dek 1:11.! :5! WEDf
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___ . .._--_..-_ -_...1_.-._._..__ .-_-. .. ._Patents and eo yrights "&#39; by-Qitllir Ealles sbalf be jointlytstobe mew cosA_ _bo=l-a-hpn em. .Durin 
scal &#39; year ended Oct.1, 1960,!isneyland paid WED En-terprises $181,000 for services.Under new amendments, eectiveFeb. 17, 1961, pro
t would havebeen agrproximatcly $65,000, beforetaxes, Which is more in line withbasis of fccs charged by otherarchitectural and designing 
rms.19% Of Moon Pi!ot&#39; . - _Disney&#39;s contract dated April 8,1958, called for $8,000 weekly plusexpenses; also 25% option in foa-ture 
lms  live! which he mustadvise before production starts. Heis to contribute in proportion ofinterest acquired in such lm :!,He recently acquired 10% in "MoonN39 &#39; 0 ld &#39; 1 i iisneys o pact axaired De¢_81, 1959, and was extended a year.
. Anderson; Pay 806 " &#39;-For the 
scal year ended Get.1 1060, Disney received $156,000;William XI, Anderson, veepee incharge of studio omrationa and di-rctof, $89,000: y O. Diane ,president and director, $52,000;Cardon Walker, veepee in chargeof advertising and sales director,$31000: Gl,}Xl¬IQ;d.R. Leasing, vice; c mnan o oa veepee, generacounsel and director, $31,800. I ,Purina same year, WED waspaid $188,885. Gross income of thecompany in respect of which suchroyalties were paid amounted to$2,811,181. WED made rental pay-ltlhlaiiianeyland of $164.27 ns all ga Jo railroad, an:i¢09?0;0.on okra on o1__monora&#39; systems
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DQ19198111>
alt Disney CallFor Boost ln P _ New srn
vymem contract with WaltI Disney. to voted on by stockholders_ at the soecial meeting called for Mayl6pat the Disn?dstudio,fcalls for a hike ;ln_l$n &#39;swe romthenres-I_! en _$3l%O to $35Y08,&#39;y according to p statement mailed to stockhol rs "&#39; ye terd-ay. Shareholders also will be.&#39; asiévi to ratify the recent merger "ofwholly-owned subsidia Disneyla d|  Continued on gage 4!, ___mi _FlZontinued from Page I!_ into parent com ny. In the fiscal: year ended last  I, Disneylandeam net profit of $l,408.789.I P ;.y statement also discloses that&#39; undo" his old contract Disney was givenj an option to buy an undivided owner-j ship interest of up to 25% in -. any mo_  picture  except cart
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iNd th True Lite Adventures" 0:0: f&#39;P . . I and Places" series! Droduced byeopth:icl-lmpany, such option being exercisable .-rior to start of a picti.-re and requiring _
lm to contribute to the cost Of theProduetion, buttodateDi$neyhasnotexercised such option except for a re-cent l0% interest in the film tenta-tively titled Moon Pilot." _The pay boost asked by Disney is tocornperuata for services in connectionwith Disneyland which Disney: WVEnterprises has been servicing at l &#39;than cost for several years. .Proxy statement also shows tWilliam H. Anderson, v-p in chargeDisrlley studio operations. is paid $89,-a year R 0. Disney. president,$5 000;  ?ardon Walker, v-p,$52, , end Gunther R. Lessing. gem .arai counsel, Vice-dtairrnan, $31, 00e _ _ _ .-_. __.~ _ *
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