Skip to main content
Go to accessibility notice

    Description

    Bugsy Siegel Takes Charge of the Famous Las Vegas Flamingo Hotel, Just Months Before His Untimely Death

    Benjamin "Bugsy" Siegel Legal Document Signed "Ben Siegel" as President of the Nevada Project Corporation. Two typed pages, 8.5" x 11.75 (sight), Nevada; March 19, 1947. A legal document, marking the transference of the Flamingo Hotel project from William R. Wilkerson to Siegel. A "RELEASE OF ALL DEMANDS", stating that the Corporation "does by these presents, release and discharge W. R. Wilkerson, his agents, employees, and representatives, of and from all demands, and all manner of actions and causes of actions, suits, debts, sums of money, accounts, reckonings, bills, covenants, controversies, agreements, promises, variances, damages, claims and demands whatsoever, in law or in equity, which the said NEVADA PROJECT CORPORATION...ever had or now has...or may have against the said W.R. Wilkerson..." Signed by Siegel at the bottom of the document. The second page, also dated March 19, 1947, is a signed statement by the Los Angeles, California Notary Public, N. Joseph Ross. The two pages have been stapled together to a slightly larger sheet of blue paper for records, with typed identification information on verso. Measures 9" x 13.75" in total.

    An entrepreneur of the more questionable type, Benjamin "Bugsy" Siegel (1906-1947) is popularly thought to be the impetus behind large-scale development of Las Vegas. According to legend, Siegel envisioned building a large casino and hotel to which gamblers would flock by the hundreds, fueled by the fact that Nevada had legalized gambling in 1931. Siegel captivated his fellow mobsters on the East Coast with the idea of building a gambling mecca in the middle of the desert, complete with a casino, hotel, and live entertainment. Siegel returned to Nevada and began working on his dream to construct a hotel-casino complex on what later would become known as the Las Vegas Strip, an establishment called the "Flamingo." The fact is the swank Flamingo was actually conceived and started by Los Angeles businessman and Hollywood Reporter publisher Billy Wilkerson, who turned the project over to Siegel after running short of funds. This signed document is the evidence of this deal, completed in 1947. Siegel would subsequently mismanage the project and earn the ire of his mob cohorts, who in turn had the famous gangster killed just three months later.

    Condition: Flattened folds and faint creasing. Light soiling. Toning to the bottom edge of the blue paper. Boldly signed by Siegel.




    Auction Info

    Auction Dates
    November, 2020
    12th Thursday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 1,964

    Buyer's Premium per Lot:
    25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 12.5% of any amount over $3,000,000 per lot.

    Sold for: Sign-in or Join (free & quick)
    Track Item

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2021 June 9 - 10 Rare Books Signature Auction - Dallas.

    Learn about consigning with us

    You reach a customer base that is in many ways completely unknown to the major auction houses, and your marketing to this base is as professional as one could hope for. As I continue to wind down my holdings.
    Michael Z.,
    Hawthorne, NY
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search