Pine Bluff daily graphic., 1910-06-16
Capital Theater At Little Rock Changes Hands
 Price Exceeds $60,000.
PERSONNEL SECRET T
Believed That klaW and Erlangel are Behind Purchase-Interested
 Parties are Keeping '.Mum.'

compliance with an agreement reach ed Saturday night the owners of the Capital Theater are today conveying the theater property on West Mark ham street to party of business men headed by Alderman Chris Led widge, who will form stock company for the handling of the playhouse.
 The agreement to sell and purchase was reached Saturday night but noth- ing was allowed to leak out regard ing the delay until yesterday after noon when it became known that the matter of the drawing of the deeds had been sent to firm of Little Rock attorneys with instructions to have the papers ready for this after noon at which time the deeds were to be exchanged for the purchase price of the theater property which sum is slightly in excess of $60,000.
 Yesterday afternoon the matter was discussed among many business men, who heard all sorts of rumors as to the disposition of the property. It was not until this morning, however, was it learned that Alderman Chris Ledwidge had represented the pur- chasers of the property and that the property will be materially improved and that it will be maintained as a legitimate playhouse.
 Personnel is Secret.
 Untid the deeds are exchanged for the actual cash of the purchase price there is an apparent disposition of the part of all concerned to refuse to discuss the matter in any way whatever. The old owners of the property this morning stated positive ly that they did not know the per- sonnel of the company which is taking over the property, and the attorneys who are drawing the deeds declared that all matters which have come to them are of professional nature, and therefore confidential.
 May Be K. & E.. House.
 It is estimated that the Capital Theater will be remodeled and prac- tically rebuilt to please the represent atives of an eastern theatrical syndi- cate, already reported to be the Klaw & Erlanger people, and that no time will be lost in putting the architect to work on the proposition so that the theater may be ready for the usual fall opening.
 This morning Ike Kempner, pro- moter of the Kempner theater on Louisiana street, was asked regarding the status of the Klaw & Erlanger franchise in this city, to which he re- piled that he had received no deceis- i've information regarding the mat ter. He admitted that there is a possibility of some contest over the franchise, but declared that there is at this time nothing additional to be given out.
 The deal for the Capital Theater has been on for some days has been we'll known. The owners of the theater property have been in confer ence with the representatives of the stock company, which is said to be composed of local business men, and Saturday night the final agreement by which the transfer took place was reached.
 With the passing of the deeds and purcta ase money this afternoon an- nouncement of the personnel of the stock company is expected.
 The men who are selling the prop erty are Mike P. Forster, Gordon N. Peay, w. B. Worthen, Ben Myers and Emmett Farrel. The earnest money on the deal is now in the possession of these men and as soon as the at- torneys complete the deeds the re. mainder will be paid over.