A BANKRUPT MARQUIS.

Dominion, Volume 6, Issue 1669, 8 February 1913, Page 5

A BANKRUPT MARQUIS.

; PAYS 7S. 6D. IN THE POUND. By Telegraph—Press Association—Copyright London, February 0. The creditors in the bankrupt estate of the Marquis of Hertford have agreed to accept 7s. Gd. in the Jl. The Marquis's liabilities amount to .£20,750, of which amount ,£IB,OOO is duo to money-lenders.. The Marquis of Hertford (then the Earl of Yarmouth), filed a petition in bankruptcy in 1911. Ho was born 42 years ago, and succeeded his : father in the Marquisato last year. As Earl of Yarmouth ho acquired 6omo notoriety during his stay in Australia in tho early nineties by giving performances as a skirt-dancer. Ten years ago lie married Miss a Alice Thaw, daughter of a Pittsburg millionaire, and brother of Harry K. Thaw, tho murderer of Stanford Whito, the famous American architect. _ The marria«e, howover, was dissolved in 1908. In his statement of affairs last year'tho bankrupt showed an unsecured indebtedness of .£18,538, and assets nil. He had previously l>ocn bankrupt in 1900, when, ho owed ifiOOO.' With money provided by his fnthor, a composition of Ids, in the pound was mid, and the first bankruptcy was annulled, his father at tho same timo ro<iHiring that all the debtor's property should be vested in him. Before that, in 1891, his father had paid iMOOO for' him, provided by tho sale of heirlooms, he thought, but he was not sure: lid knew 'that there was a salo of pictures and porsnnal ohnttels at that timo. In consideration of providing for that amount his father required him to assign to him his reversion to d rent chnrgo of .£1,198. After the settlement in 1894 he had tried to earn a living in Queensland; and subsequently in Now York, and during the years 1894 to 1900 was in receipt of a voluntary allowance from his father amounting to .£3OO a year. After fho bankruptcy in 1900 he returned to New York, and there tried to augment his allowance by tailing irregular engagements on the since. On his marriago to Miss Thaw in 1003 a settlement was made by, which he was to receive <£1000 a year as pocket inonoy, but that ceased when 'tho marriago was dissolved in 1908, ami lie liad to , fall buck upon the allowance of .£.IOO a year. On his return from New York he tonic a noultry farm nj. Bourro End,-but'his allowance not being nufflolent io keep him Mid tho poultry farm ha h*cj, jmoouisq to monoj, louder »,