Holden was born in Alexandria, Virginia in 1895. Her parents were Cora Millet Babb and Daniel Walker Holden. Holdenıs father died the year she was born and the two Coras (mother and daughter) returned to Maine as the childıs maternal grandparents were living there in the late nineteenth century. As a young adult Cora entered the Massachusetts Normal School of Art where she studied painting with Joseph DeCamp, sculpture with Cyrus Dallin, and decorative figure composition with Richard Andrew. By 1918 the twenty-two year old was in Cleveland at the Cleveland School of Art where she studied "various phases of newspaper art, decorative illustration and design, and, under Mr. Matzen, sculpture, in which she has shown remarkable ability."She also studied figure composition with Henry G. Keller and anatomy and figure drawing with Frank N. Wilcox. Because she was competent in portrait painting, book illustration, sculpting, poster decorating, and mural painting, Georgie Norton, the director of the Cleveland School of Art considered Holden something of a "phenomenon." But Holden, the daughter and granddaughter of pioneering female physicians, was reared to believe there was nothing unusual about a woman working in a manıs world. According to Edith L. Sommer, who wrote about art matters in Cleveland Topics, "Miss Holdenıs family scorns the idea of her being a phenomenon, and looks upon her as a normal, extremely wholesome girl, of whom extraordinary talent is expected as a matter of course by virtue of the ability of her ancestors."
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