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J. C. (JAMES CASH) PENNEY - TYPED LETTER SIGNED 01/16/1950 - HFSID 174357

J. C. PENNEY He signs a typed 1950 letter accepting thanks for giving a subscription to the Christian Herald. Typed Letter signed: "J. C. Penney", 1 page, 7¼x10½. New York City, 1950 January 16. On personal letterhead to Mr. and Mrs. James Dollings, Colusa, California.

Sale Price $531.25

Reg. $625.00

Condition: See item description
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J. C. PENNEY
He signs a typed 1950 letter accepting thanks for giving a subscription to the Christian Herald.
Typed Letter signed: "J. C. Penney", 1 page, 7¼x10½. New York City, 1950 January 16. On personal letterhead to Mr. and Mrs. James Dollings, Colusa, California. In full: "Your note of thanks for the subscription to Christian Herald which I sent to you was among the mail held for my return from a winter holiday on the West Coast. I am happy to know that you are pleased to receive this publication, and thank you for your expression of appreciation. With best wishes and kindest regards, I am Sincerely yours". 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. Penny contributed both articles and financial support to the Christian Herald magazine. Today, there are approximately 1,100 J.C. Penney stores employing more than 290,000 associates in the U.S., Puerto Rico and Mexico. Fold crease, not near signature. Light stain at upper left corner. Otherwise, fine condition.

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