[78-L] Alvino Rey and The Kings
Geoffrey Wheeler
dialjazz at verizon.net
Thu Apr 22 07:41:17 PDT 2010
Majestic Records Inc., 29 West 57th Street, New York City, entered the
phonograph recording industry as a wholly owned subsidiary of the
Majestic Radio & Television Corp., headquartered in the picturesque
river town of St. Charles, Ill. The formation of Majestic Records was
announced by Eugene A. Tracey, president of Majestic Radio &
Television, Chicago. James J. “Jimmy” Walker (born June 19, 1881 in New
York City; died November 18, 1946, in New York City), former Mayor of
New York, was elected president of the new firm. Other officers
included: executive vice-president, Eli Oberstein, New York;
vice-president, Parker Erickson, Chicago; treasurer, C. E. Underwood,
Chicago; and secretary, Curtis Franklin, New York. According to Radio &
Television Retailing [March 1945, page 126]: “To form Majestic Records
Inc., the parent company contracted to purchase three established
concerns in the recording field—all headed by Eli Oberstein, who has
been associated with the recording industry since 1924. The three
companies involved are: Transcriptions Inc., New York; Classic Record
Co., New York; and New Jersey Plastics Inc., Newark, N.J. The
facilities of the latter, a factory, makes possible a pressing capacity
that assures Majestic early establishment in the industry” The company
announced in December 1945 that it was building a West Coast plant in
Burbank, Calif. that would be devoted exclusively to the pressing of
Majestic records. Walker had been elected president of Majestic Records
Tuesday, February 13, 1945, per a report in the New York Times February
14, 1945 (page 22, col. 6). The Wednesday, May 2, 1945 issue of Variety
noted on page 51 that long-time recording supervisor and conductor, Ben
Selvin (born March 5, 1898; died July 15, 1980), had joined Majestic as
assistant to the president, Jimmy Walker. All was not serene at
Majestic, however, because Selvin sued Oberstein for $75,000 as
commission on the sale of Hit Records to Majestic (Variety, September
26, 1945, page 50). A follow-up article in the Wednesday, November 7,
1945 issue of Variety (page 51) reported Selvin and Oberstein had
settled the suit out of court for an undisclosed sum.
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