Show Schenck Buys e United Studios LOS ANGELES Feb 1 Completion of ot a deal by which Joseph M M. Schenck motion picture producer became principal principal principal prin prin- cipal owner of ot the United Studios and entailing the transfer of the Schenck I offices actors and staff to Los Angeles Ank here I I I from New York was announced here I i Mr Air Schenck's Schenck s expenditure was named I II as 1 The property however I I Is valued at 52 It said and ana anaI I Marco C C. Levy V president of the United I Studios Studios' Corporation Is associated with Mr Schenck k in acquiring the controlling controlling ing s Mr Levy will remain as Mr president Schenck g n and d wll wil general become manager a chairman I while of I the hoard board of ot directors |