DS, two onionskin pages, 8.5 x 11, February 18, 1959. Agreement between Wayne and Warner Bros. for “the purpose of partial liquidation of that certain promissory note dated April 16, 1955 in the principal sum of $106,133.56 executed by me…I, the undersigned John Wayne have given Warner two non-interest bearing notes…each in the face amount of $25,000.00…I, the undersigned John Wayne, do absolutely…assign and convey unto the said Warner…the sum of $25,000.00…from the sum of $175,000.00.” Signed on the second page in blue ballpoint by Wayne and also signed by noted director Howard Hawks. In fine condition, with some light wrinkling and creasing, staple holes to top left, and mild toning along top edge. Wayne and Hawks had recently finished working together on Rio Bravo, which would premier the following month, and Wayne would soon begin filming his directorial debut, The Alamo, which he financed himself. Wayne assumed huge personal debt to get the film finished after United Artists refused to pay for cost overruns. Pre-certified PSA/DNA and RR Auction COA.
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