November 23, 2013
NORFOLK, Va. (AP) - Railroad operator Norfolk Southern has sold a painting from its extensive collection to help fund steam locomotive restoration project.
The company says it sold its untitled 1959 Mark Rothko painting for about $3.7 million through a New York auction on Nov. 14.
Norfolk Southern says it will donate $1.5 million to the restoration of a former Norfolk & Western Railway steam passenger locomotive called the Class J No. 611. The locomotive that went into service in 1950 is now part of the collection of the Virginia Museum of Transportation in Roanoke.
The Virginian-Pilot reports that the museum is trying to raise $5 million for the locomotive's restoration and long-term maintenance.
Norfolk Southern's art collection includes works by Thomas Hart Benton, Winslow Homer, Edward Hopper, John Singer Sargent and others.