Academy unhappy at plans to auction Oscar statuettes

The Academy of Motion Picture Arts and Sciences is not pleased with plans to auction off 15 Oscar statuettes from such films as 'Citizen Kane', 'Wuthering Heights' and 'Little Women'.

However, the academy says its hands are tied in blocking the Tuesday sale by Nate D. Sanders Auctions in California because the statuettes were awarded prior to 1950, when a "winners agreement" was instituted, banning the sale of Oscars.