The Auction at Graceland•Elvis Week•August 13, 2019
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This lot is closed for bidding. Bidding ended on 8/13/2019

Before Elvis signed Colonel Parker as his manager and before his Sun Records contract was sold to RCA, Elvis signed an agreement with Hill and Range Songs, Inc. (which covered Hank Snow and other country musicians) for use of his name, likeness and biographical materials for the sum of 5 cents plus 10% royalties in July 1955. As part of this agreement, Hill and Range agreed to ship Elvis, free of charge, 2,000 copies of the first Elvis Presley song folio within sixty days after publication and royalties would not be paid on these copies or on any additional copies requested by Elvis, for which he would be required to pay 15 cents per copy. In 1956, the Elvis Presley song folio for Love Me Tender was released for sale and included words and music to four songs—“Love Me Tender,” “Poor Boy,” “We’re Gonna Move,” and “Let Me”—as well as several images and captions of Elvis. This agreement was signed by Elvis and his parents before Colonel Parker was handling Elvis’ matters. However, it was not long before the nimble negotiator skillfully arranged a revision to that agreement that obtained an additional 3,000 folios for Elvis free of charge. Offered is a document addressed to Colonel Parker, dated November 21, 1955 that is signed by Elvis, Vernon and “Mrs. Vernon Presley,” which provides the Colonel with 1,000 of those 3,000 folios for his efforts in acquiring the additional folios on behalf of Elvis. The agreement states, “In consideration of the fact that through your efforts, you succeeded in securing an amendment of the folio agreement with Hill and Range Songs, Inc., under which it agreed to give to ELVIS PRESLEY, without charge, an additional 3,000 folios, the undersigned hereby agree that out of those 3,000 folios, 1,000 shall be and are assigned by the undersigned to you, for your own use and benefit; and Hill and Range Songs, Inc. is hereby authorized and directed to ship those 1,000 copies directly to you.” The agreement is signed in blue ink by Elvis Presley, Vernon Presley and Mrs. Vernon Presley. Not only was this the very date that Elvis signed with RCA, but it was a mere four months before Elvis would move from Bob Neal to Colonel Park as his exclusive manager, which happened officially on March 26, 1956. This cunning deal likely helped build the case for Elvis to use the Colonel to manage his business affairs in what would become a long and fruitful relationship. This historic document marks the very early days of the Colonel shrewdly negotiating on behalf of Elvis and himself, which perhaps paved the way for the Colonel to make Elvis his biggest, most successful client while simultaneously and cleverly creating a fortune for himself. This onionskin page measures 13 by 8 1/2 inches (33.02 x 21.59 cm) and is accompanied by a letter of authenticity from Graceland Authenticated.

The document presents with wrinkling and creases from file storage. Excellent to Mint condition.
Elvis Presley, Vernon Presley and Gladys Presley Signed November 21, 1955, Agreement Giving Colonel Tom Parker a Portion of Elvis’ Publishing Rights
This lot has a Reserve Price that has not been met.
Current Bidding (Reserve Not Met)
Minimum Bid: $5,000.00
Final prices include buyers premium.:
Estimate: $10,000 - $20,000
Number Bids: 5
Auction closed on Tuesday, August 13, 2019.
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