Théophile-Alexandre STEINLEN (1859-1923).
The shareholders: "What a disaster for the dividends".
Charcoal and blurred drawing with highlights of Indian ink and oxidized white gouache.
Signed lower left, captioned below "what a disaster dear friend, what a disaster for the dividends".
Top. : 40 cm; Width: 26.7 cm.
Glued solid, folded trace in the collage on the right.
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