CALIFORNIA | LOCAL
May 9, 1985 | From Times Wire Services
Charles Shipman Payson, an industrialist, philanthropist and horse breeder, is dead at 86. Payson, who had embarked recently on a career as a thoroughbred breeder, died May 5 in the emergency room of Humana Hospital in Lexington, Ky. He had homes in Maine and Kentucky. Among Payson's philanthropies was a $17-million donation that led to the construction of the Portland Museum of Art building that bears his name. His donations also included 17 Winslow Homer paintings, valued at $6.4 million.
NEWS
November 16, 1989 | From Associated Press
A scene in a Parisian tavern that Pablo Picasso painted when he was 25 in exchange for free meals and drinks sold for $40.7 million at auction Wednesday. The 1905 painting "Au Lapin Agile," in which Picasso depicts himself as a harlequin, is "the most important 20th-Century picture to come up for auction," said John L. Marion, chairman of Sotheby's North America. "It goes to the Annenburg Collection," Marion said as he hammered down the sale.
NEWS
August 21, 1993 | SUZANNE MUCHNIC
Here is a chronology of recent staff moves and funding decisions affecting the Los Angeles County Museum of Art, which on Friday announced the resignation of Michael E. Shapiro: * April 28, 1992--Earl A. Powell III, director of LACMA since 1980, is named director of the National Gallery of Art in Washington. * Aug. 16, 1992--LACMA's board of directors appoints Shapiro, chief curator of the St. Louis Art Museum, as director of LACMA.
NEWS
March 21, 1990 | From Times Wire Services
The J. Paul Getty Museum announced today it has purchased the 19th-Century masterpiece "Irises" by Dutch artist Vincent van Gogh for an undisclosed sum. Painted in 1889, "Irises" was sold to the Malibu museum by Alan Bond, the financially troubled Australian entrepreneur who paid a record $53.9 million for the work at a 1987 auction. The painting is already on display in the museum's second-floor galleries. It had been sent to the Getty Museum for examination and authentication two weeks ago.
ENTERTAINMENT
October 18, 2012 | By Jori Finkel
When the Soviet government sold hundreds of paintings from the State Hermitage Museum in Leningrad in the 1930s, including masterpieces by Rembrandt, Raphael and Velazquez, they ended up working closely with one American art gallery: Knoedler & Company in New York. The gallery abruptly closed last year after more than 160 years in business. Now the Getty Research Institute is acquiring for an undisclosed sum the sales books documenting the Hermitage deals, among other resources that make up Knoedler's vast private archives.
NEWS
November 12, 1987 | Associated Press
Vincent van Gogh's "Irises," the famous depiction of a flower garden at an asylum the painter entered shortly before he committed suicide, sold Wednesday for a record price of $53.9 million. The buyer, who bid by telephone, was not identified. The price includes the high bid, $49 million, plus a 10% commission for the auction house, a Sotheby's spokeswoman said.