It Rhymes with Lust--The first graphic novel (sort of)

Now available at Digital Comics Museum

From Wikipedia:

It Rhymes with Lust is a book, originally published in 1950, considered one of the most notable precursors of the graphic novel. Called a "picture novel" on the cover and published by the comic book and magazine company St. John Publications, it was written by Arnold Drake and Leslie Waller (together using the pseudonym "Drake Waller"), with black-and-white art by Matt Baker and inker Ray Osrin.