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Jack Ruby - Document Signed 02/13/1952 Co-signed By: O. L. Nelms For Sale

Jack Ruby - Document Signed 02/13/1952 Co-signed By: O. L. Nelms

JACK RUBY
Signed lease agreement for a Dallas nightclub in 1952, a venture which would fail within months. Also signed by legendary Dallas real estate tycoon O. L. Nelms
Document signed: "Jack Ruby", 2 pages, 8½x14 (front and verso). Also signed "O. L. Nelms" as lessor. Dallas, Texas, 1952 February 11. Five-year lease for a property then occupied by the Bob Wills Ranch House, "to be occupied as a dance hall, night club, and/or kindred and/or allied types of business." Ruby obligates himself to pay $62,500 in the course of the lease: $750 per month for the first 12 months and $1,115 per month for the remaining 48 months. JACK RUBY (1911-1967), born Jacob Rubinstein in Chicago, spent much of his youth in foster homes and correctional facilities. As an adult he performed odd jobs, and there are claims that he worked for Al Capone. Ruby moved to Dallas in 1947 and engaged in a series of failed nightclub ventures (including the Ranch House, leased in this document), before opening his Carousel Club in 1954. On November 22, 1963, President John F. Kennedy was assassinated in Dallas. On November 24, 1963, in front of millions of television viewers, Ruby shot Lee Harvey Oswald, alleged assassin of President Kennedy. Ruby was found guilty of murder, but the verdict was set aside; he was awaiting a new trial when he died of cancer. Some have claimed that Ruby was assigned to silence Oswald. Others, including the Warren Commission tasked with investigating the Kennedy assassination, viewed him as a psychologically unstable and violent individual who had acted alone. The Commission had this to say in its final report about the night club venture documented here: "In about 1952, Ruby borrowed $3,700 from a friend, Ralph Paul, to purchase the Bob Wills Ranch House with Martin Gimpel, a former associate in the Spartan Novelty Co. The Ranch House was run as a western-type nightclub. With two establishments to run, Ruby experienced substantial financial reversals in 1952. He abandoned his interest in the Ranch House and, on July 1, 1952, transferred the Silver Spur to Gimpel and Willie Epstein, who assumed some of its debts. Disappointed by these setbacks, Ruby stated that he had a 'mental breakdown,' and 'hibernated' in the Cotton Bowl Hotel in Dallas for 3 or 4 months, declining to see his friends." O. L. NELMS was a very eccentric Dallas real estate tycoon who posted billboards thanking Dallas every time his worth increased by another million. He tried to endow a $5 million fund for the holding of lavish cocktail parties in his honor after his death, with his coffin present at the festivities, but when he died in 1972 the city refused to issue permits for such an event. After Ruby returned the Ranch House to Nelms, he converted it into the Longhorn Ballroom, which hosted major musical attractions for many years. One-inch diagonal tear at center top margin Horizontal fold creased. Very lightly creased. Otherwise, fine condition.

Click image(s) to enlarge:Image(s) shown may contain our company watermark. The actual document does not contain this watermark
Please note that this item is an original, authentically signed historical document. Please do not be fooled by others selling copies/reprints as originals.

HistoryForSale is the world's largest dealer of authentic autographs and manuscripts. Our inventory contains documents in all areas of interest including presidents, royalty, military, aviation, religion, business, science, celebrities, sports, music, authors and more. Whether looking to add to your collection, acquire a unique centerpiece for the home or office, or as a truly one-of-a-kind gift for someone special, you'll find it here at HistoryForSale. Contact us today and let us assist you in finding that perfect item.
The Gallery of History, founded in 1981, is a long-standing UACC Registered Dealer, #RD110, and is a long-standing member of the Manuscript Society.

HistoryForSalesm: Gallery of History Direct allows you to offer on and purchase from our inventory, which has been collected over a 45-year period by Todd M. Axelrod, President and respected authority in the field. The Gallery of History is the largest dealer in the world with an available inventory that exceeds 200,000 autographs and manuscripts.
Preserving historical documents is important to us. Your purchase comes to you appropriately protected. Our unframed items are sent to you either in acid-free Mylar® sleeves or have been encapsulated in acid-free Mylar. Our framed items are encapsulated in Mylar to guard against organic acids, mounted in an acid-free enviroment and are framed behind UF3-AR Plexiglas which blocks out approximately 94% of the ultraviolet light.Authenticity: This document has been authenticated and is accompanied by our Certificate of Authenticity. The Certificate is issued by our parent company, Gallery of History, Inc., and bears Mr. Axelrod's signature. Our Certificate of Authenticity is recognized by every major insurance carrier worldwide and we financially stand behind it. We have an outstanding reputation for the thoroughness of our research, for our business integrity and for our service to our clients.
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Jack Ruby - Document Signed 02/13/1952 Co-signed By: O. L. Nelms

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