The iPhoto library MUST be on a partition that is formatted OS X Extended (journaled) in order to work properly. When placed on a server like you did the integrity of the library's structure, permissions, etc. is compromised and you get exactly what you're experiencing.
You'll need to move the library to a partition/external HD formatted as I described and then run it from there. You may have to repair the library after that as follows:
apply the two fixes below in order as needed:
Fix #1
1 - launch iPhoto with the Command+Option keys held down and rebuild the library.

2 - run Option #4 to rebuild the database.
Fix #2
Using iPhoto Library Manager to Rebuild Your iPhoto Library
1 - download iPhoto Library Manager and launch.
2 - click on the Add Library button and select the library you want to add in the selection window..
3 - Now that the library is listed in the left hand pane of iPLM, click on your library and go to the Library ➙ Rebuild Library menu option.
4 - In the next window name the new library and select the location you want it to be placed.
5 - Click on the Create button.
Note: This creates a new library based on the LIbraryData.xml file in the library and will recover Events, Albums, keywords, titles and comments. However, books, calendars, cards and slideshows will be lost. The original library will be left untouched for further attempts at fixing the problem or in case the rebuilt library is not satisfactory.
BOTTOM LINE: the library must be moved off of the NTFS partition to an OS X Extended (journaled) partition with ownership set to be ignored:

OT