Lord Mandeyille's Bankruptcy.
The affairs of Lord Mandeville, the Duke of Manchester's son (writes the London correspondent of the Argus) have come to a crisis. Ho owes nearly £120,000, of which only about £85.000 is "secured," or rather •" ranks" against security, leaving £85,000 to be provided for by srao kind of miracle. The creditors representing this latter sum are naturally raging fiercely, and casting about in all directions in search of "assets," There is first of all a sum of £2OO a year, to which the nobleman has a precarious claim, out of the-iucome of. his wife. Then again, his, lordship is among those noblemen who 'have occasionally, practised the vocation of cabdriver, and. at one time owned two superb " hansoms," horsed by four faststepping thoroughbreds. The whole concern was worth about £1000; but he-has recently sold it to a professional cabman for £SO, and the creditors are trying to establish the fact that this was a" friendly" transaction, and that the claims of the "friendly" cabman ought not to stand against theirs. Then, again, they want to attach and obtain for themselves the lease of Miss Bessie Bellwopd's house in Woburn place. Miss Bessie Bellwood, as Australian readers no doubt know, is tho greatest and most magnetic musicball artiste of the age. The value of the lease of her house in Woburnplace is worth; about LIOOO, and sho purchased it from Lord Mandovillo for only LSO. The creditors, thereforo, regard her in much the same light as theydo.the friendly cabman. But even if they succeed against both, the dividend onL2OOO among L 85.000 worth of creditors, when .expenses are deducted, will not come to much more than : 2din the £. Of bourse something better will bo done for them than that'; but it will be through the bbunty,of Lord' Maude; :villa's "friends, .and those.of his ;,parents|■;.;:' v'\: : 'v-' v.'.' : ■ ':''':■ ■■: Lord Mandeville-was:one-of the first of the' English nobility'foWose •an American wife.:' His lprdsbip :wae [not yjry:weil looked -upon
time "p'f biamaraage|atid to received; ;• grave \yarninga tern many including friendly remonstrances from': the • V; the course shb was about to 'take as'.; oneinvolvinggraveconsequences. Iri reply she;said/she didn't:care" whatU- ; ; she went through as long as she was > v :j an English; duchess—"there, were'so . few of ;tGem/V--Ouida" has transvV; ferred the speechtolhe rnouth;of her.i. horoihe in'VMotLs/!Tuohßia Leeoli. Lady Mandevilleis a>onian ; of great..' courage and gaiety of-BbuLvwhohas.; certainly neverrepehted bfherbargain; Z She is prematurely aged in. appear-. ance,and .is subject .tb;long and > tiring ;,bquta of: indisposition^-;f hut ?d. when in 'health andable to get' about i: .'■ npwoinan of our time seems to have „'. so much zest for house . in South Audley-street:is fainous for : ; Sunday/luncheon parties/ at-whioh all -the amusing people are brought ' together. Her.ladysnip has been very active for a year or two past in bringing Mr Chamberlain into familiar intercourse with the'fashionable world, ''.■•■■■.
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https://paperspast.natlib.govt.nz/newspapers/WDT18890507.2.10
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Wairarapa Daily Times, Volume X, Issue 3198, 7 May 1889, Page 2
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469Lord Mandeyille's Bankruptcy. Wairarapa Daily Times, Volume X, Issue 3198, 7 May 1889, Page 2
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