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J. PAUL GETTY - AUTOGRAPHED SIGNED CHECK 01/27/1948 - HFSID 172812

Check signed: "J. Paul Getty", 6¾x2¾. Santa Monica, California, 1948 January 27. Check No. 584, drawn on the Santa Monica branch of Security-First National Bank of Los Angeles, payable to Southern Counties Gas Co. of Calif. for $18.31.

Price: $950.00

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J. PAUL GETTY. Check signed: "J. Paul Getty", 6¾x2¾. Santa Monica, California, 1948 January 27. Check No. 584, drawn on the Santa Monica branch of Security-First National Bank of Los Angeles, payable to Southern Counties Gas Co. of Calif. for $18.31. Signed while Getty was negotiating for oil rights in Saudi Arabia. The resulting 1949 deal established Getty as head of Pacific Western Oil Corporation, the leading oil conglomerate. In 1916, Jean Paul Getty (1892-1976) and his father, George, had incorporated the Getty Oil Company, an early precursor to the great conglomerate. During the Depression Era, Getty, who was a millionaire by the age of 24, bought extensive quantities of stock, and, in 1956, he gained control of Pacific Western, which he renamed Getty Oil, ending a 19-year stock battle with Standard Oil. The significantly larger Getty Oil Company became the world's largest privately owned business and made the enterprising Getty a billionaire. Although he was one of the world's richest men, Getty had a legendary reputation for miserliness. However, he shared his multi-million dollar collection of art and antiquities with the public by establishing the J. Paul Getty Museum, the largest endowment granted to an art museum at that time. Cancellation holes, not at signature. 2 file holes at upper margin, 2 staple holes at upper left. Fine condition. Framed in the Gallery of History style: 21x16¼.

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