Lot 1069

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Description:


(1882 - 1945) Thirty-second President of the United States who instituted the 'New Deal' and who led the United States through most of World War II. Great content T.L.S. on Fidelity and Deposit Company of Maryland letterhead, 2pp. 7.25 x 10.5 in., July 7, 1926, addressed to Benjamin F. Cowley. Typing 'c/o Roosevelt & O'Connor' at the upper-left, Roosevelt details the by-laws of the soon-to-be-incorporated 'Georgia Warm Springs Foundation, Inc.' In large part: '...As to the by-laws of Georgia Warm Springs Foundation, Inc., here are my answers to your questions: 1. Stockholders’ meetings to be held in New York, 120 Broadway, our office. 2. Annual meeting same place twelve o’clock noon during the first three weeks of December. 3. Ten days notice for meetings is O.K. 4. A small number of directors-the smaller the better...7. Put in dummy directors and myself for meeting on July 12th. I will take the Presidency for the time being. 8. Am making statement out of the advances which I have made in connection with the purchase and development of the Warm Springs property...Will ask Basil what time he would suggest for the meeting on July 12th. I have written him asking him to come to 55 Liberty Street at 2 P M and I see no reason why we should not call the organization meeting at 2:30 P M same place.' Roosevelt signs at the conclusion in black ink. The first page bears a unique 'Roosevelt & O'Connor' handstamp, with some light pencil checkmarks in an unknown hand. Unevenly yet lightly toned from previous display, punch holes to left edge, and a non-intrusive paperclip impression to top edge, otherwise fine condition. In 1924, FDR traveled to Warm Springs, Georgia, where he found that immersion in the area’s mineral-rich warm water was one of the few things that provided relief from his polio-induced paralysis. In 1926, Roosevelt invested two-thirds of his savings into the property at Warm Springs, and partnering with Basil O’Connor, they incorporated the Georgia Warm Springs Foundation in 1927 - one year after this letter was crafted. A fascinating letter from the founding days of the famous foundation.

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February 9, 2021 10:00 AM EST
Chesapeake City, MD, US

Alexander Historical Auctions LLC

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