Madge is an actor who wishes to turn her talents towards producing and directing works of drama.

Madge is an actor who wishes to turn her talents towards producing and directing works of drama. She has an amount of $8,500 which she wishes to contribute towards the setting up of her own theatrical group in order to fulfil her ambition. She does not know any wealthy persons who would be prepared to risk the $60,000 minimum capital which she estimates is necessary for the purposes of leasing suitable premises, providing equipment, etc. She does have a group of about 25 theatrical acquaintances who would be interested in forming an experimental theatre group, and who would be prepared to risk an amount between $1,000 and $5,000, depending on individual circumstances. Madge knows very little about matters of business but she does know she would like her group to operate along democratic lines while she retains the ‘upper hand’.