Event:
An auction at Christie's in New York sets a record for the most expensive work of art sold at auction when it sells Pablo Picasso's 'Nude, Green Leaves and Bust' for $106 million
More Notable Events on May 4:
1961 13 Freedom riders began bus trip through South
1932 Al Capone, convict of income tax evasion, enters Atlanta Penitentiary
1927 Academy of Motion Picture Arts and Sciences forms
1878 Phonograph shown for 1st time at Grand Opera House
1626 Indians sell Manhattan Island for $24 in cloth and buttons
