Walt Disney Signed Promissory Note Matted and Framed with Two LOAs (1954)....

Description

Walt Disney Signed Promissory Note Matted and Framed with Two LOAs (1954). Matted and framed to an overall 24 ½" x 27 ¼", this lot contains four items. The eyes go straight to the upper left where a promissory note signed by Walt Disney is displayed. The $25,000 note was made out to Bank of America on October 7, 1954, and signed by Disney in the bottom right corner. The typed letter in the upper right corner is on Bank of America stationary from 1955, signed by Thomas C. Deane (vice president and manager), denoting the note had been "PAID." The letter in the bottom left corner is a typed letter from Disney's secretary, but not signed. And in the bottom right corner is a color photo of Disney. Overall, in Very Good Plus condition. The note has toning around the edges, while the Bank of America letter has fold marks, and the letter from Disney's signature has light toning. The frame has some light smudges and cracks on the corners. COA from Heritage Auctions.

Heritage Auctions provides as much information as possible but strongly encourages in-person inspection. Condition statements are offered as general guidance only, not as complete representations of fact, and do not constitute a warranty or assumption of liability by Heritage. Some condition issues may not be noted but may be visible in the photos, which are considered part of the condition report. Lots estimated at $1,000 or less are not de-framed for inspection, and we may be unable to provide additional details for lots valued under $500. Heritage does not guarantee the condition of frames and is not liable for damage to frames, glass/acrylic coverings, original boxes, display accessories, or artwork that has shifted in the frame. All lots are sold "AS IS" under our Terms & Conditions of Auction.