The following condition report has been provided by Simon Parkes, Simon Parkes Art Conservation, Inc. 502 East 74th St. New York, NY 212-734-3920, simonparkes@msn.com, an independent restorer who is not an employee of Sotheby's.

This work is in very good condition. The canvas is unlined and still on its original stretcher. The paint layer is clean, varnished and retouched. Retouches have been applied in a few tiny dots in the side of the freight car on the left side. There are a few tiny spots of retouching on either side of the woman's head and in the front of her waist in the shadow of her dress. There are other retouches on the extreme edges, and one beneath the front hooves in the foreground. The work should be hung as is.

In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion.

NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.