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J. C. (JAMES CASH) PENNEY - AUTOGRAPH LETTER SIGNED CO-SIGNED BY: CAROLINE A. PENNEY - HFSID 154622

Penney and his wife sign a letter handwritten by him on American Airlines stationery. Autograph Letter signed: "J. C. Penney", 7¼x10. Also signed: "Caroline A. Penney". Addressees name illegible.

Price: $725.00

Condition: Lightly creased
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J. C. PENNEY and CAROLINE PENNEY
Penney and his wife sign a letter handwritten by him on American Airlines stationery.
Autograph Letter signed: "J. C. Penney", 7¼x10. Also signed: "Caroline A. Penney". Addressees name illegible. ALS by him, in full: "Sorry to say that my eye-sight is impaired - but thank God that my vision is not. Sincerely". JAMES CASH PENNEY (1875-1971), who opened his first store in 1902 in Wyoming, had a chain of 34 stores generating sales of $2 million by 1912. The following year, his Golden Rule stores were incorporated as J.C. Penney, Inc., which moved its operations to New York City to be closer to major suppliers in 1914. Penney, who semi-retired in 1946, assumed the title of Honorary Chairman. Today, there are over 1,100 J.C. Penney stores employing more than 290,000 associates in the U.S., Puerto Rico and Mexico. J.C. Penney, twice widowed, married Caroline Autenreith in 1926. They were together until his death, Caroline often traveling with him. CAROLINE PENNEY outlived her husband by 25 years, a prominent philanthropist and patron of the arts. Lightly creased at corners. Fine condition.

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