DS, signed “Walter E. Disney,” two onionskin pages, first page 8.5 x 13 and second page trimmed to 8.5 x 5.25, January 5, 1948. Disney sells Sharon Mae Disney 5,000 shares of Walt Disney Productions common Stock, boldly signed at the conclusion on the shortened second page in fountain pen by Disney. Witnessed by Oliver (Ollie) Johnston, one of Disney’s “nine old men” animators. In fine condition, with punch holes to top edges and a few stray ink marks to first page. COA Phil Sears and R&R COA.