PRINCESS RADZIWELL.

Taranaki Daily News, Volume LII, Issue 70, 19 April 1909, Page 4

PRINCESS RADZIWELL.

CLAIM AUAIXST Tilt RHODES ESTATE. London, March 5. A cliiim of CI.4iJO.UW Viv Princess Radziwill against the estate of the late Mr. Cecil Rhodes was mentioned at the hearing of a summons by Mr. Justice I'iadv in Hie Chancerv Division on Wednesday. Mr. William Arthur (iui-t sued Prill-ce-s Catherine Radziwill fur .CU,»J2, of which C KI.oJIO was claimed under un agreement, dated .Inly. 11)111. This was between .Mr. (joist,'the Princess, anil two gentlemen who were called guarantors—Mr. Walker, managing director of l'etcr WalUer and Sous, and Mr. William Watson Kutherford, of Liverpool. The guarantor* upon certain conditions precedent being complied with, were to guarantee a loan to he procured by Mr. llorst for the Princess,

The latter was to hypothecate her reversionary interest in her uncle's estate in Russia, and also a claim of between one and two millions standing against the estate of the late Cecil Rhodes, founded upon certain bills alleged to bave. been given her by Mr. Rhodes. She wanted the loan specially to take ~tops to substantiate the claim against Mr. Rhodes' estate. As a condition precedent to any responsibility by the guarantors, they were to be' satisfied within four months from the date of the agreement of the validity of the claims against Mr. Rhodes' estate and of her interest in the Russian estate. If they were not sutislied within that time the agreement was to be at an end. The agreement did actually come to an end for that reason.

In (he meantime, however, on 3rd September. 1!)U4, tile Princess repudiated the agreement when slic had received news tlmt her micie was dead. Mr. (lorst chiiincd remuneration on the ground that the agreement was repudiati'd by the I'rjncess within the four months.

The learned Judge, after hearing Mr. dally, I'o,. the plaintiff, who said he believed Princess Kndzwill was absolutely rolling in money „t the present time, assessed the damage the plaintiff; had sustained at .Cluim. The plaintiff hud '»■«'"• I'litlly treated by the ri-Jtldiators. As to the suni of .1150(1 which tlie plaintill' had procured to pay the guarantors' agents for their expenses, his Lordship thought the plaintiff was nUo entitled to recover that ainoiint, and he , w - e judgment accordingly for £ISOO,