In the late 1950s, John Lennon formed a skiffle group called the Quarrymen, named after his school. The line-up featured John on guitar with Paul McCartney and George Harrison, John 'Duff' Lowe on piano, and Colin Hanton on drums.
After rehearsing at McCartney's house, they booked a recording session at Percy Phillips' studio at 38 Kensington, Liverpool, in July 1958 and recorded In Spite Of All The Danger, a song credited to McCartney and Harrison. They could afford only one copy of the 10in disc, so they agreed to share it, with each member keeping it for a week. Lowe ended up keeping it for 23 years.
When he rediscovered it in 1981, he contacted McCartney, who bought it from him for an undisclosed fee. It was eventually released on The Beatles Anthology 1 in 1995.
After several changes in their line-up, the Quarrymen evolved into The Beatles. Over recent years, McCartney has played In Spite Of All The Danger on concert dates, much to the delight of his fans.
Source: MSN