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Lot #603
Ernest Hemingway

Hemingway ensures the financial security of his eldest son before departing to cover the Spanish Civil War

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Description

Hemingway ensures the financial security of his eldest son before departing to cover the Spanish Civil War

Carbon DS, signed in ink, “Ernest Hemingway,” nine onionskin pages, 8.5 x 11, November 17, 1936. Gustavus A. Pfeiffer, “the Donor, being desirous of granting an irrevocable trust,” delivers 40 shares of “Second Preferred Stock of William R. Warner & Co., Inc. par value $100” per share to Hemingway as Trustee. In 1908, Pfeiffer Pharmaceuticals had merged with William R. Warner & Co. The “Trust Estate” is to be used for “the education, maintenance and support of John Hadley Hemingway, now residing at Chicago, Illinois, until such child attains the age of twenty-one (21) years…any part of the Net Income not so applied…thereafter to pay all of the Net Income to such child until he attains the age of thirty (30) years…Upon such child attaining the age of thirty (30) years, to convey, transfer, pay over and deliver the principal of the said Trust Estate, or the portion thereof, then remaining in the hands of the Trustee, to such child absolutely…” Hemingway has “the power from time to time, in his discretion, to sell, endorse and reinvest or otherwise dispose of, any or all securities and property acquired under orb in accordance with the provisions of this Deed of Trust.” In very good condition, with expected mild handling and document wear, small edge tears and creases, staple holes to cover, and Hemingway’s last name a bit light due to reduced ink flow. Accompanied by a photocopy of the complete 14-page Deed of Trust. Hemingway had divorced Bumby's mother, Elizabeth Hadley, and married Pauline Pfeiffer, whose wealthy uncle, Gustavus A. Pfeiffer of Pfeiffer Pharmaceuticals, bought a house for the Hemingways in Key West, Florida. Spurred by the dangers of the Spanish Civil War, Hemingway relies on ‘Uncle Gus’ to provide for his son in a substantial manner. Pre-certified John Reznikoff/PSA/DNA and RR Auction COA.

Auction Info

  • Auction Title: Rare Manuscript, Document & Autograph
  • Dates: #423 - Ended February 12, 2014





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