Word: auctioning
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Dates: during 1920-1929
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...most important, most active art auction rooms in the U. S. are the Anderson Galleries and the American Art Galleries, both in Manhattan. Last week, Cortland Field Bishop, the owner of the latter, made a purchase from Mitchell Kennerley, book publisher, connoisseur, and president of the Anderson Galleries. The exact price of his purchase he refused to divulge; almost certainly it was more than $1,000,000. In exchange, Mr. Bishop acquired control of the Anderson Galleries. No real estate, no stock, not even a chipped picture frame changed hands. By buying the Anderson Galleries, Mr. Bishop had merely purchased...
...little. Not so in the past: the Anderson Galleries, founded about 45 years ago and known as "Bangs," specialized in book sales; the American Galleries, which was started in the early 80's and thrived thereafter under Gustavus T. Kirby, was a far more pretentious organization. Its evening auction sales of paintings and oriental knickknacks, held at Chickering Hall, were social diversions. Manhattan art patrons would fill themselves with quail and chilled champagne, call for their broughams, and drive through the streets, quite quiet except for the soft drumming of horses' hoofs, to the auction room...
Mitchell Kennerley took over the Anderson Galleries when it was an obscure and relatively insignificant house; since then he has increased its business to an enormous extent. The Leverhulme sale, held in his rooms two years ago, was probably the most spectacular art auction ever held in the U. S. The American Galleries, nonetheless, is still ahead; its total business averages about $6,000,000 a year. When the two galleries are merged, they will accept bids which aggregate about $9,000,000 every year; thus surpassing, financially at least, famed Christie's, in London, which has, during...
...vote of the I. C. C. on the St. Paul's conversion was 7 to 4. What the vote constituted was approval of a court order made last spring permitting the St. Paul's receivers to put the railroad up at auction and ceremoniously sell it to a new corporation called the Chicago, Milwaukee, St. Paul & Pacific R. R., through Lawyer Swaine. Before the new company could operate, the I.C.C. would still have to approve its choice of directors...
...were called to witness that he or she had agreed to labor for one or more years in return for the sum bid, plus board & keep and one new set of outer garments. Since French peasants omit day underwear and often night garments as well, the wage scale of auction bidding was deemed adequate...