DS, signed “George Harrison,” four pages on two adjoining sheets, 8.25 x 11.75, 1976. In part: “Particulars of a Mortgage or Charge created by a Company registered in England…Amount secured by the Mortage or charge: £250,000 together with interest and other monies as set out therein. Short particulars of the Property Mortgaged or Charged: Friar Park, Henley-on-Thames, Oxon.” In fine condition, with central vertical fold, light toning, and staple holes at the top left corner. Accompanied by two photocopies of letters related to the agreement.
This document is related to Smash and Grab (Holdings) Limited, which was an entity that bought real estate property in the United Kingdom. Harrison had borrowed £250,000 for the partnership, with this the documentation of that transaction, with the sum to be repaid with an interest rate of 7 percent a year over a 10-year period. To secure the loan, Harrison handed over the deed to his home, Friar Park. The year 1976 was a busy one for the former Beatle, with the release of his album Thirty Three & 1/3 and the compilation disc, The Best of George Harrison. It also saw Harrison on the losing end of a copyright infringement case involving the song ‘My Sweet Lord’ because of its similarity to the 1963 Chiffons song ‘He's So Fine.’ Harrison denied deliberately plagiarizing the song, but he lost the resulting court case in 1976 as the judge deemed that Harrison had ‘subconsciously’ plagiarized the tune...the financial impact of the decision in evidence here. Pre-certified Roger Epperson/REAL and RR Auction COA.
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