Laurence Stephen Lowry, R.A. (1887-1976)
Artist's Resale Right ("Droit de Suite"). Artist's… Read more PROPERTY FROM THE COLLECTION OF THE LATE DAVID CARR
Laurence Stephen Lowry, R.A. (1887-1976)

The Creditors' Meeting

Details
Laurence Stephen Lowry, R.A. (1887-1976)
The Creditors' Meeting
signed and dated 'LS LOWRY 1926' (lower right)
pencil
11 x 15 in. (27.9 x 38.1 cm.)
Provenance
with Lefevre Gallery, London, where acquired by David Carr, and by descent.
Exhibited
Sunderland, Arts Council of Great Britain, Sunderland Art Gallery,
L.S. Lowry, R.A., Retrospective Exhibition, August - September 1966, no. 135: this exhibition travelled to Manchester, Whitworth Art Gallery, September - October 1966; Bristol, City Art Gallery, October - November 1966; and London, Tate Gallery, November 1966 - January 1967.
London, Royal Academy of Arts, L.S. Lowry RA, 1887-1976, September - November 1976, ex-catalogue.
Special Notice
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent. VAT rate of 5% is payable on hammer price and at 20% on the buyer's premium.

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André Zlattinger
André Zlattinger

Lot Essay

The Creditors' Meeting illustrates a local contemporary drama, played out for us at a meeting of creditors. Lowry's linear drawings of this era almost all feature groups or crowds of working men, caught huddled together discussing issues of class and money, as seen here, often presenting one male protagonist who leads the debate, a practice he formulated in the earlier examples Strike Meeting, of 1921 and Spectators, of 1924. This drawing has particularly personal connotations, with the artist portraying a friend as the young debtor, seated right, looking towards the spectator and even depicts himself, seen in the standing figure on the far left, portrayed as a creditor. This is described by David Carr, a fellow painter and good friend of Lowry, who in the catalogue for the travelling 1966 Arts Council solo exhibition L.S. Lowry, wrote about the 1944 oil painting of the same subject. In it he states that the meeting seems cordial and all seems to be well with the creditors, which is surprising given the strained financial situation the man finds himself in, finding himself almost bankrupt. Carr states that this picture depicts the moment when the accountant, standing right, proclaims 'Gentleman, you will be glad to hear that we can pay three shillings in the pound!' saving the man from his fiscal woes.

David Carr was a keen collector of Lowry's work and despite their differences in age and background, they became close friends. Letters documenting the exchange of their artistic ideas reveals that Carr introduced the older Lowry to the younger generation of artists, his enthusiasm and gregarious personality becoming a welcome comfort to Lowry's isolated existence. Carr was particularly fond of the soul and character that Lowry imbued in his images of town fringes and run-down areas and the people that lived there, finding a 'queer and often ghastly beauty' in them (Carr in a letter to Lowry, 5th December 1943). The sensitivity and humanity that Lowry evoked was one of the motivations behind Carr's collections of the artist's work, choosing those that portrayed best the gesture and personality of his subjects.

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