If you think deeply about this episode (and ones like this in the 1940's that deal with lodge frivolities) you will see that writer Paul Rhymer treated the lodge-happenings much like a cult. Vic is so devoted to lodge-founder Konk that he is willing to spend his money on a portrait whose eyes light up! Look at the picture below (of "the real thing") and you can see that two large light bulbs exist where the eyes would be. Wouldn't one have to be crazy/DEVOTED to purchase such an item and put on the wall?
This episode is a big part of Vic and Sade lore. It's very sad that we don't have the audio episode to enjoy. This episode was big even back in the day, as the cast/crew went out and had a faux portrait of Konk made up for Rhymer.
This painting was mentioned in episode 39-09-xx Mr. Gumpox Offers Sade a Stall.
The date is approximate. The title is one I have given the episode purely for identification purposes.