Ashton Dearholt worked with Universal on various melodramas during the 1910s, but he typically operated outside the studio system, producing a series of "Pinto Pete" westerns in the 1920s, in which he starred himself.
Dearholt occasionally acted under the name Richard Holt.
He is best known for his association with author Edgar Rice Burroughs, whom he met and befriended in 1929. At the time, Dearholt was married to Florence Gilbert, a former stand-in for Mary Pickford and occasional heroine of some of his own pictures before their marriage.
Burroughs, who was having marital difficulties and self-doubts, found himself attracted to Mrs. Dearholt at their first meeting, when Dearholt, accompanied by Florence, visited Burroughs at his home to discuss making films of some of Burroughs' non-Tarzan novels and stories.
Burroughs refused, being already thoroughly discouraged with Hollywood's treatment of his "ape-man" character, but developed a social relationship with Ashton and Florence.
Then in 1934, while on a business trip for RKO to Guatemala, Dearholt met and fell in love with a young American competitive swimmer, returned home with her to California, and installed her in the Dearholt household.
Florence Dearholt soon left and sought support from Burroughs, whom she eventually married after divorcing Dearholt. Florence took custody of her and Ashton's two children.
In 1935, Dearholt finally convinced Burroughs to allow him to make a Tarzan film. The trick was turned by Dearholt's offering, with two partners, to set up a single corporation under which Burroughs could subsume and personally manage his various Tarzan franchises, in exchange for allowing Dearholt to make a Tarzan serial, set in Guatemala, with his new love appearing in the lead female role under the screen name of Ula Holt.
It is unclear when or if he ever actually married Ms. Holt and, if so, how long the marriage lasted.
Contrary to popular legend, Burroughs had little actual involvement in the making of the new Tarzan picture, which he viewed as Dearholt's project.
Dearholt selected Bruce Bennett, then known as Herman Brix, to play Tarzan; Burroughs only briefly met Bennett after his contract was signed, to pose for some publicity pictures.
Dearholt commissioned a script, hired a crew, and arranged transit to Guatemala. Burroughs entered the picture only briefly to co-sign a bank loan for production costs when the necessary credit was denied Dearholt on the basis of some of his rather unfavorable past bank experiences.
The party eventually set sail for Guatemala in November of 1934 and returned in March of 1935 with the film only partly completed, due to cost overruns and numerous physical mishaps in the Guatemalan jungles under Dearholt's leadership.
The script was almost entirely rewritten at least once: the pressbook, printed by Dearholt's partners back in California from the original screen treatment, barely resembles the finished film in its descriptions of the plot line.
The serial was completed within two months of the party's return to California and faced release under threat from MGM to deny rentals on any of their future Tarzan pictures with Johnny Weissmuller to any theaters that played the Dearholt film.
Although the film was fairly popular abroad, it was unable to recoup its costs and none of the cast, including the star, or crew were ever paid their salaries.
Within a year, Burroughs-Tarzan Enterprises went bankrupt and Dearholt never made or appeared in another motion picture. However, he and Burroughs remained close friends until his sudden death in 1942.
