Auction Date:2010 Jan 13 @ 10:00 (UTC-05:00 : EST/CDT)
Location:5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
Carbon DS, signed in ink, “Ernest Hemingway,” ten onionskin pages, 8.5 x 11, November 17, 1936. Gustavus A. Pfeiffer, “the Donor, being desirous of granting an irrevocable trust,” delivers 40 shares of “Second Preferred Stock of William R. Warner & Co., Inc. par value $100” per share to Hemingway as Trustee. In 1908, Pfeiffer Pharmaceuticals had merged with William R. Warner & Co. The “Trust Estate” is to be used for “the education, maintenance and support of John Hadley Hemingway, now residing at Chicago, Illinois, until such child attains the age of twenty-one (21) years…any part of the Net Income not so applied…thereafter to pay all of the Net Income to such child until he attains the age of thirty (30) years…Upon such child attaining the age of thirty (30) years, to convey, transfer, pay over and deliver the principal of the said Trust Estate, or the portion thereof, then remaining in the hands of the Trustee, to such child absolutely…” Hemingway has “the power from time to time, in his discretion, to sell, endorse and reinvest or otherwise dispose of, any or all securities and property acquired under orb in accordance with the provisions of this Deed of Trust…” Present also is “Schedule A” identifying the stock as “Certificate No. B-267.” Also present is another page being a November 17, 1936, carbon TLS “Gustavus A. Pfeiffer” in ink to Hemingway in Key West, concerning the stock, beginning, “You are hereby authorized and requested to hold and to continue to hold, as a part of the Trust Estate under the Agreement between myself and yourself, dated Nov. 17 1936, establishing a Trust for the benefit of John Hadley Hemingway, the following property, as now invested, until further written notice from me, or until my death, if no further written notice to the contrary shall have been given to you by me…” On the back cover, Hemingway has handwritten in pencil: “Complete Copy Bumby’s Trust Fund, 2 copies – Stock Certificates for 40-40-23-Shares, 22.” Expected mild handling and document wear, and Hemingway’s last name a bit light due to reduced ink flow, otherwise fine condition.
Following the publication of his 1936 short story, The Snows of Kilimanjaro, Hemingway, a one-time ambulance driver in World War I, focused his attention on the travesties of the Spanish Civil War. Having witnessed the horrors of war firsthand, Hemingway grew concerned that inserting himself into a war zone as a reporter also meant placing himself in harm’s way, hence his creation of this trust for his son, made in connection with his wife’s uncle, Gus Pfeiffer. This document focuses attention not on Hemingway, the brilliant writer, but on Hemingway, the caring father.
Auction Location:
5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
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