Walt Disney incorporates his Kansas City cartoon company, Laugh-O-Gram Films, Inc. It is located on the upper floor of the McConahy Building located at 1127 East 31st Street. (This is the same building that today is the focus of a grass roots restoration and urban renewal effort, the details of which can be found at Thank You Walt Disney.) Unfortunately, Disney will sell his one-reel cartoons for less than it cost to produce them, and Laugh-O-Grams will go belly-up.
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