Her Caning Panic
She’s bent over about to be caned, and if I’m not mistaking the expression on her face, it might be panic about that:
I don’t know the source or the artist for this artwork, although there’s a bit of a signature bottom center. “T.R.” perhaps, or maybe just “R.”?
See Also:
I initially thought she was fully clothed in riding gear ie jodhpurs. However on closer inspection, I think it is her panties round her knees in which case she must be wearing knee socks..