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1938 Howard Hughes Signed Letter of Credit

Currency:USD Category:Collectibles Start Price:1,000.00 USD Estimated At:4,000.00 - 6,000.00 USD
1938 Howard Hughes Signed Letter of Credit
<B>1938 Howard Hughes Signed Letter of Credit Document.</B></I> July 1938 was a landmark month for Howard Hughes and the continued advancement of the aviation industry. This was the month that Hughes and a crew of four circumnavigated the globe in a heavily modified Lockheed L-14, taking only three days and 19+ hours to do so. New radio equipment developed by Hughes Aircraft engineers for this flight would later serve as the company's entry into the electronics field. Hughes would be given a ticker-tape parade down Broadway in New York City upon their return. <BR><BR>For the aviation historian, here is an incredible lot of items related to that world-famous flight. First is a one page Typed Letter from the Amtorg Trading Corporation, stating in part: "My dear Mr. Hughes: We are enclosing herewith Letter of Credit, together with four (4) copies translated in Russian, which you will present to the authorities at the airdromes whenever you make a landing in the U.S.S.R.... You are to keep one Russian copy and the English copy with you..." The next item is a one page Document Signed "<I>Howard R. Hughes</B></I>", in Russian, being one of these Letters of Credit, with the embossed seal of the trading company. Also included is a small American flag purported to have been carried on this flight and a legal-size envelope addressed "TO WHOM IT MAY CONCERN, AIRDROME, MOSCOW, U.S.S.R." and postmarked July 10, 1938 at New York City. "HOWARD HUGHES GOODWILL FLIGHT" is typed on this envelope and a Russian airmail stamp has been placed beneath the cancelled U.S. stamps. Items actually flown on this monumental flight are very rare- a great opportunity for the advanced collector.