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