Auction Date:2010 Nov 10 @ 19:00 (UTC-5 : EST/CDT)
Location:5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
ALS - Autograph Letter Signed
ANS - Autograph Note Signed
AQS - Autograph Quotation Signed
AMQS - Autograph Musical Quotation Signed
DS - Document Signed
FDC - First Day Cover
Inscribed - “Personalized”
ISP - Inscribed Signed Photograph
LS - Letter Signed
SP - Signed Photograph
TLS - Typed Letter Signed
DS, one page, 8.5 x 3.75, February 1, 1927. Promissory note signed by Roosevelt as president of the Georgia Warm Springs Foundation for repayment in gold coin to himself for his personal funding of the foundation. Document reads: “On February 1st, 1937, at the Bank of America, New York City, Georgia Warm Springs Foundation, Inc., a corporation of the State of Delaware, promises, for value received, to pay to the order of Franklin D. Roosevelt, the sum of Two Thousand, Two Hundred and Fifty Dollars in gold coin of the United States of America of the standard of weight and fineness existing on the date of this note, without interest. The maker of this note may at any time before maturity pay and discharge the same, by payment at said Bank of America of the principal amount thereof, without interest.” Signed at the conclusion by Roosevelt and countersigned by D. Basil O’Connor. A typed endorsement on the reverse reads “The within-named payee waives presentment and notice of non-payment of the within note,” and signed again by Roosevelt. In fine condition, with trimmed edges, some scattered light creases and wrinkles, staple hole above typed portion, and light show-through from endorsement and signature on reverse.
A year before signing this promissory note, the future president had purchased a Georgia resort and established the Roosevelt Warm Springs Institute for Rehabilitation in the hope of finding a cure for—or at least treatment of—his paralysis. Though a manager was hired to oversee day-to-day operations, FDR still carefully oversaw every detail of Warm Springs, and guaranteed that no one in need was ever turned away. To that end, Roosevelt made certain that indigent patients were supported by a Patients’ Aid Fund he had established. When that fund was depleted, he asked the bills of those patients who could not afford the cost be sent directly to him for payment. Excellent Warm Springs association.
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5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
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