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“We’re trying to contact all of the residents of the burn area to try to determine the loss and the property damage. The biggest question now is about lost cattle. This is a tight-knit community, and we have neighbors helping neighbors,” Sheriff Day said Tuesday.

The sheriff said he believes local communities can deal with the damage and he has not asked for state or federal assistance. The state brand inspector may be called in to help sort out the cattle owners, he said.

NEW YORK

Financier’s art collection to be auctioned

NEW YORK — Works of art from the estate of Wall Street financier Theodore Forstmann will be sold at a New York City auction.

Sotheby’s says the collection is expected to bring more than $75 million.

The auction house announced Tuesday that the works will be sold in a series of sales in May.

Forstmann died in October at age 71. He was a pioneer of the leveraged buyout, chairman and CEO of the sports marketing giant IMG and a philanthropist.

Among the collection highlights is a Pablo Picasso portrait of his muse, Dora Maar. It is expected to bring $20 million to $30 million.

The collection includes impressionist, modern, contemporary, American and Latin American art.

Highlights will be exhibited in Los Angeles, Hong Kong and London prior to the sales.

From wire dispatches and staff reports

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