NICHOLAS SCHENCK - TYPED LETTER SIGNED 05/12/1950 - HFSID 31794

NICHOLAS SCHENCK
Rare signature from the MGM and Loew's, Inc. president, thanking columnist Louis Sobol for his recent article, saying it is not often people in the film industry are praised by journalists
Typed letter signed: "Nicholas Schenck", in blue ink, 8½x11. May 12, 1950. New York City, New York. In part: "Dear Mr. Sobol: Your article of April 27th has been on my desk continuously since its publication. I have shown it to several visitors to my office. I do not often write fan letters, but we in the motion picture industry are so often irritated by unfair adverse comments that I feel a letter of appreciation is due". Nicholas Schenck (1881-1969) was an American film studio executive and businessman, acting as an executive in Loew's, Inc. before and after it's merger with Metro-Golden-Mayer. A close friend of Marcus Loew, Schenck was Loew's right hand man during the beginning of Loew's, Inc. He became head of Loew's, Inc. in 1927 after Marcus Loew's death, continuing to become a successful entrepreneur and making Loew's, and subsequently MGM, one of the most successful film companies of it's time. In 1955, Schenck stepped down as president of MGM, but remained a chairman of the board for several years. Louis Sobol (1896-1986) was an entertainment columnist ("New York Cavalcade") for the Hearst Newspapers. Multiple folds. Toned. Small tear on upper right. Light surface creases. Corners lightly worn and creased. Ink stamp. Small tear to top left corner. Otherwise, fine condition.