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...nothing more than a historical curiosity? Vermont's vast repository of Americana, the Shelburne Museum, has set out to prove that it is something more. Through Shelburne's 168-ft. covered bridge came spectators last week to view the impressive evidence in the one-story, colonial-style Webb Gallery of American...
...19th century artists, ranging from John Singleton Copley's John Scollay and Winslow Homer's Milking Time to an anonymous primitive of General George Washington without his teeth. There is no chronological arrangement of the paintings. "The whole thing was done by feeling," explains Electra Havemeyer Webb, the museum's president and founder. "Paintings can harmonize, or they can clash and look perfectly horrible. We just keep trying until we get the right effect...
Mountain Mover. All the Shelburne's pieces were gathered with loving care by President Webb, who founded the museum in 1947 with her late husband, J. Watson Webb, a great-grandson of Commodore Cornelius Vanderbilt. Now 71, Mrs. Webb has always been a compulsive collector. "It's like being an alcoholic," she says. Her interest in collecting comes naturally: she is the daughter of the Henry O. Havemeyers, whose multimillion-dollar collection of old masters was left to the Metropolitan Museum. Her parents were baffled when Electra got interested in Americana, and at 18 collected her first item...
...Pocket. Zeckendorf's firm of Webb & Knapp has holes in the ground and buildings under construction all over the U.S. and Canada, was carrying short-term debts of something like $100 million -some at interest rates as high as 20%. With no money to spare from company coffers to build his hotel, Zeckendorf had to find the financing elsewhere. He got off to a typically dazzling Zeckendorf start. He borrowed $16.5 million from a bank to buy the land. Then he turned around and sold the land to the Prudential Insurance Co., leased it back from them. Prudential would...
...lease: $4,500,000. Uris brothers thought they had a good deal, since so much had already been spent in foundation work on the site. Whether Zeckendorf made or lost money and how much was open to question. Even allowing for his rents, digging costs, and other charges, Webb & Knapp probably had a profit...