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Lot #231
Walt Disney

Exceptional Disney document for an early 1937 investment in Hollywood Park

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Description

Exceptional Disney document for an early 1937 investment in Hollywood Park

DS, filled out and signed by Disney, “Walter E. Disney,” one page both sides, 8.5 x 11, February 16, 1937. Subscription agreement for the Hollywood Turf Club in Los Angeles, in which Disney agrees to “pay for 25 shares of the capital stock of the Hollywood Turf Club, a California corporation, at One Hundred Dollars ($100.00) per share.” The document is filled out entirely in his own hand, adding his address at the conclusion, “2719 Hyperion, Los Angeles,” his business, “Motion Pictures,” telephone number, “Mo. 12131,” and bank, “Bank of America.” In fine condition, with expected document wear. Accompanied by a letter from a secretary of the club noting that the check was received, in part: “Your interest in the company, as evidenced by your desire to become a stockholder, is greatly appreciated, and we assure you every effort will be made to build the finest racing plant in America.” The Hollywood Turf Club racetrack, later known as Hollywood Park, was formed under the chairmanship of Warner Bros. mogul Jack L. Warner, with its 600 original shareholders including entertainment luminaries such as Al Jolson, Raoul Walsh, Joan Blondell, Ronald Colman, Bing Crosby, Samuel Goldwyn, and Darryl Zanuck. The track opened on June 10, 1938, and the legendary Seabiscuit was victorious in 1938’s inaugural running of the Hollywood Gold Cup. As this is an earlier document than typically seen and filled out and signed entirely in his own hand, it is exceptionally scarce and desirable—a veritable piece of Disney and Hollywood history. Pre-certified Phil Sears COA and RR Auction COA.

Auction Info

  • Auction Title: Hollywood Auction
  • Dates: #431 - Ended June 26, 2014





This item is Pre-Certified by Phil Sears
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