signed YUNHU DI GU YUN, dated yi wei of the Guangxu reign, 1895, autumn, the seventh lunar month, inscribed, dedicated to Fei Nianci (1855-1905), and with four seals of the artist. Titleslip by Fei Nianci, frontispiece by Wu Changshuo, annotations by twenty of the artist's contemporaries including Liang Dingfen, Weng Tonghe, Wen Tingshi, Mao Guansheng, Yu Yue and Chen Kuilong

- Faint stains, probably from water, could be found at the upper area of the painting section of the scroll, as seen in the illustration, otherwise, generally in good condition.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."