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Entrepreneur Major Malcolm Wheeler Nicholson founded National Allied Publications in autumn 1934.The company debuted with the tabloid sized New Fun The Big Comic Magazine #1 with a cover date of February 1935. The company second title New Comics #1 (Dec. 1935) appeared in a size close to what would become comic books standard during the period fans and historians call the Golden Age of Comic Books with slightly larger dimensions than today. That title evolved into Adventure Comics which continued through issue #503 in 1983 becoming one of the longest running comic-book series. In 2009 DC revived Adventure Comics with its original numbering. In 1935 Jerry Siegel and Joe Shuster the future creators of Superman created Doctor Occult who is the earliest DC Comics character to still be in the DC Universe. Wheeler Nicholson third and final title Detective Comics advertised with a cover illustration dated December 1936 eventually premiered three months late with a March 1937 cover date. The themed anthology series would become a sensation with the introduction of Batman in issue #27 (May 1939). By then however Wheeler Nicholson had gone. In 1937 in debt to printing plant owner and magazine distributor Harry Donenfeld who also published pulp magazines and operated as a principal in the magazine distributorship Independent News Wheeler Nicholson had to take Donenfeld on as a partner in order to publish Detective Comics #1. Detective Comics Inc. was formed with Wheeler Nicholson and JEntrepreneur Major Malcolm Wheeler Nicholson founded National Allied Publications in autumn 1934.The company debuted with the tabloid sized New Fun The Big Comic Magazine #1 with a cover date of February 1935. The company second title New Comics #1 (Dec. 1935) appeared in a size close to what would become comic books standard during the period fans and historians call the Golden Age of Comic Books with slightly larger dimensions than today. That title evolved into Adventure Comics which continued through issue #503 in 1983 becoming one of the longest running comic-book series. In 2009 DC revived Adventure Comics with its original numbering. In 1935 Jerry Siegel and Joe Shuster the future creators of Superman created Doctor Occult who is the earliest DC Comics character to still be in the DC Universe. Wheeler Nicholson third and final title Detective Comics advertised with a cover illustration dated December 1936 eventually premiered three months late with a March 1937 cover date. The themed anthology series would become a sensation with the introduction of Batman in issue #27 (May 1939). By then however Wheeler Nicholson had gone. In 1937 in debt to printing plant owner and magazine distributor Harry Donenfeld who also published pulp magazines and operated as a principal in the magazine distributorship Independent News Wheeler Nicholson had to take Donenfeld on as a partner in order to publish Detective Comics #1. Detective Comics Inc. was formed with Wheeler Nicholson and Jack S. Liebowitz Donenfeld accountant listed as owners. Major Wheeler Nicholson remained for a year but cash flow problems continued and he was forced out. Shortly afterwards Detective Comics Inc. purchased the remains of National Allied also known as Nicholson Publishing at a bankruptcy auction. Detective Comics Inc. soon launched a fourth title Action Comics the premiere of which introduced Superman. Action Comics #1 (June 1938) the first comic book to feature the new character archetype soon known as superheroes proved a sales hit. The company quickly introduced such other popular characters as the Sandman and Batman. On February 22 2010 a copy of Action Comics #1 (June 1938) sold at an auction from an anonymous seller to an anonymous buyer for $1 million besting the $317000 record for a comic book set by a different copy in lesser condition the previous year.