DAVIES, Arthur B, (American, 1862-1928): Horses with Figure on Horseback, Pastel, 10'' x 14.75'' with margins, estate stamp, signed lower left per ERB in pencil, framed, 13'' x 17.75''.
CONDITION: Laid down, water stained upper right, exposed area has been darkened, scattered white spots, discoloration extending length of left margin, sold as is.