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Salient: Victoria University Students' Paper. Vol. 29, No. 2. 1966.

Film soc. bankrupt says exec

Film soc. bankrupt says exec

Executive members are Still trying to untangle the collapse of the once popular university Film Society.

The society found a decline in attendances in 1965 resulted in the financial collapse of the society.

Film society president Rex Benson says that the society owes about £60 more than it has, although executive sources say that the figure is nearer £90.

Films continued to arrive after showings had been discontinued, but these ceased as bills mounted.

A disagreement then broke out as to who was liable for the bills, and this has not yet been resolved.

The major part of the money is owned to film distribution companies, but smaller amounts are due to the university for care-taking and other charges.

When asked to account for the society's state of affairs Mr. Benson made the following points:

(1) That some of the debt was Arts Festival;

(2) That part of the Theatre debt was due to carriers' delay;

(3) That many films were cancelled when it was realised that the society was going downhill financially.

Mr. Benson also pointed out that it was difficult to estimate the attendance at screenings, thus making budgeting impossible.

After approximately a half-hour discussion over the legal aspects of the Film Society's debts, executive decided to refer the matter to finance committee.