Crystal bridges closer to acquiring O'Keeffe art.A ruling by the Tennessee Court of Appeals has cleared at least one hurdle to efforts by Crystal Bridges Museum of American Art This article or section contains information about a planned museum.It is likely to contain information of a speculative nature and the content may change as the construction and/or completion of the museum approaches. to acquire works by painter Georgia O'Keeffe Georgia Totti O'Keeffe (November 15, 1887—March 6,1986) was an American artist. She is typically associated with the American Southwest and particularly New Mexico where she settled late in life. O'Keeffe has been a major figure in American art since the 1920s. and other important artists. The court ruled Tuesday that Fisk University Fisk University, at Nashville, Tenn.; coeducational; founded 1865, opened 1866, and chartered 1867. It became a university in 1967. Fisk, long an outstanding African-American school, is open to all qualified students. in Nashville doesn't have to give up an art collection O'Keeffe donated to the university 60 years ago. "We are pleased with the court's decision. It represents a significant step forward," Virginia Germann, a museum spokesman, said in a statement e-mailed to ArkansasBusiness.com. "The decision allows the Alfred Stieglitz Collection to remain intact and well-cared for and permits Fisk Fisk , James 1834-1872. American railroad financier and speculator who attempted in 1869 to corner the gold market with Jay Gould, leading to Black Friday, a day of nationwide financial panic. to proceed with the agreement that would provide a public home for this unique collection." [ILLUSTRATION OMITTED] News reports said that Crystal Bridges, in Bentonville, had offered Fisk $30 million for a half-interest in the collection of 101 artworks. The university, facing financial difficulties, had asked a lower court to allow Fisk to sell two paintings and share the rest of the collection--which contains works by O'Keeffe; Stieglitz, a renowned photographer to whom O'Keeffe was married; and other artists--with Crystal Bridges. Fisk had sought to sell O'Keeffe's 1927 painting "Radiator Building--Night, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ," one of her most significant works. The George O'Keeffe Museum in Santa Fe Santa Fe, city, Argentina Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal. , N.M., which represents the painter's estate, filed a lawsuit challenging the arrangement, saying that O'Keeffe had asked that the collection be displayed together. The O'Keeffe Museum's suit asked that it receive the collection. The Appeals Court ruling overturns a lower court's decision, meaning that the case now goes back to Davidson County Chancery Court. |
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