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First National Exchange.

In March 1926, Fabian and sons acquired a large block of stock in West Coast Theatres, Inc.

By May 1926, a merger took place with the Stanley Company, headed by Jules E. Mastbaum, creating an unbroken chain of theaters from Massachusetts to Virginia called the Stanley Company of America.

Following the passing of Mastbaum in December 1926, a $100 Million consolidation merger occurred between First National Pictures, The Stanley Company of America, and West

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