Walton loses in Nashville | Rock Candy

Friday, August 20, 2010

Walton loses in Nashville

Posted By on Fri, Aug 20, 2010 at 2:57 PM

OKeeffes Radiator Building
  • O'Keeffe's "Radiator Building"
Fisk University can't sell a 50 percent share in its collection of American masterpieces to Alice Walton, a Tennessee chancery court judge ruled today.

Walton sought to obtain an undivided interest in the collection, 101 works from the Alfred Stieglitz Collection donated to the school by artist (and Stieglitz's wife) Georgia O'Keeffe, for $30 million. The work was valued at $72 million, and Fisk sought to sell to Walton because of financial difficulties the school is in. The work would have been exhibited at Walton's Crystal Bridges Museum of American Art, which she's building in Bentonville. Of particular interest to Walton is O'Keeffe's work "Radiator Building," itself worth $20 million, according to some appraisers.

The judge ruled that the agreement would violate the terms of O'Keeffe's bequest. More, including a link to the judge's ruling here and (for background) here.

Tags: , , , , , ,

From the ArkTimes store



Showing 1-1 of 1

Add a comment

Subscribe to this thread:
Showing 1-1 of 1

Add a comment

More by Leslie Newell Peacock

  • Third Friday in Argenta: Artwalking to see Southern landscapes and more

    Works by some of Arkansas's most distinguished artists, including the late Al Allen and Carroll Cloar, along with famed regionalist Thomas Hart Benton make up part of the offerings in "Southern Landscapes," a new exhibition at Greg Thompson Fine Art (429 Main St.) opening with the monthly Third Friday Argenta ArtWalk tonight.
    • Aug 18, 2017
  • 'Sign of the Times': Political posters at CHARTS

    Hendrix College's Dr. Jay Barth will give a talk and sax player Dr. Barry McVinney and pianist Mark Binns will provide the music at tonight's opening of "The Sign of the Times: The Great American Political Poster" in the Windgate Gallery at UA Pulaski Tech's CHARTS (The Center for Humanities and Arts). The event runs from 6 p.m. to 8 p.m.
    • Aug 17, 2017
  • GiGi's opens with soul food and 'old school R and B vibe'

    GiGi’s Soul Cafe and Lounge at 10840 Maumelle Blvd., where the Nashville Rockin Grill was located, opened July 28 and co-owner Darrell Wyrick the restaurant is “bringing back the spirit of some of the places that have gone, like Porter’s and The Afterthought” with its soul food and “old school R and B vibe.”
    • Aug 16, 2017
  • More »

Readers also liked…

Most Shared

Most Recent Comments



© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation