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Video footage obtained by The Daily Caller shows Hollywood screen legend Tom Hanks and Eagles musician Glenn Frey at a 2004 fundraising auction, playfully interacting with a white man dressed as an African native, complete with blackface makeup and a giant Afro wig.

Hanks most recently provided the narration for ”The Road We’ve Traveled,” a 17-minute-long campaign video meant to help President Barack Obama win re-election in November.

The fundraiser, held March 13, 2004 at St. Matthew’s Parish School in Pacific Palisades, Calif., featured Hanks and Frey as co-emcees. Children of both men attended the school. The event’s theme, “Castaways,” evoked memories of the 2000 film “Cast Away,” in which Hanks starred.

The 2004 auction’s routine included a white man in blackface, identified in the footage as investment banker James Montgomery, CEO of the Santa Monica, Calif., firm Montgomery & Co. In addition to blackface makeup and the wig, Montgomery wore a leopard-print toga and an arm band made to look like it consisted of animal teeth.

During a lull in the auction, Frey refers to Montgomery and comments, “See how boring money management and stock investment is, people? It’s not nearly as much fun as, like, professional basketball.”

In response to the video, Congress of Racial Equality national spokesperson Niger Innis has called on President Obama to remove Hanks’ narration from his campaign film. Innis called the incident “an orchestrated, heinous, and racist ‘Stepin Fetchit’ routine that Mr. Hanks was a part of.”

The final item auctioned in the 2004 fundraiser depicted in the video was a large stuffed “trophy gorilla” that came with what Hanks described as a “dowry”: 5,000 shares of pre-IPO stock in Corus Pharmaceuticals, a company whose limited partners included Montgomery’s family trust.

The video shows Montgomery in blackface, holding the stuffed animal and standing with Hanks, while Frey is heard saying into his microphone: “This is as close to diversity as we’ll get at St. Matthew’s.”

It also shows Hanks taking his own stab at humor while he stands next to Montgomery and the stuffed gorilla, saying, “Ladies and gentlemen, a celebrity in our midst! Who would have thought that Bill O’Reilly would join us?”

The 5,000 shares of stock Hanks auctioned in March 2004 came with a "trophy gorilla," shown here along with the man in blackface and Glenn Frey, formerly of the band The Eagles

Frey identifies Montgomery by name and says he is “just back from a Jerry Falwell sensitivity training seminar.” Referring to his appearance as a black caricature, Frey later says, “All I know is, this school is so conservative that Jamie Montgomery was almost not allowed in. They stuck him in the parking lot — they let him in. These are the jokes, people.”

Frey also is heard saying of the investment banker in blackface, “Remember, Jamie Montgomery — he handled the Idi Amin account back in the ’80s, which was good.”

Montgomery is shown in the video standing next to Hanks for several minutes, and the two take turns bantering into a shared microphone about the value of the auctioned stock.

“I call upon President Obama, who has Tom Hanks doing the narration to his campaign video, to cease, to remove Mr. Hanks’ voice-over from his video, and end any association or affiliation with Mr. Hanks,” Niger Innis said Monday in an interview with The Daily Caller.

“It is gross, it’s coarse, and it is shocking that something like this would be done in California. Not Mississippi — in California!”