Proceeds from the sale of the Charles Conlon photo archive are being divvied among creditors of the man who once owned them, Arkansas sports memorabilia dealer and photo archivist John Rogers.
The collection was sold for nearly $1.8 million by Heritage Auctions last year to help settle at least some of Rogers’ massive debt.
A settlement was reached earlier this month, according to Arkansas Business Journal.
ABJ reported that claimants from Legendary Auctions included former owner Doug Allen who is serving a federal prison sentence for fraud in connection with his business practices at Mastro Auctions. Allen and his wife, former Mastro exec Mark Theotikos and two others will split $407,174 for their share of the collection.
San Francisco collector Mark Roberts was paid $363,548. Roberts held a $1.7 million default judgment.
The biggest creditor was a bank. First Arkansas Bank & Trust of Jacksonville, AR, received $683,471, a small part of the bank’s $15 million judgment for loans made to Rogers several years ago.
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