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VISCOUNT MANDEVILLE'S BANKRUPTCY.

Gable messages have informed us not only of the bankruptcy of Visoount Mandevlile (&on of the Duke of Manchester), but of the f aot that a charge is pending against him of obtaining money by false pretences. The London correspondent of the "Argue," writes : — " The affairs of Lord Mandeviile, the Duke of Manchester's son, have come to a oasis. He owes nearly £120,000, of which only £35,000 is scoured, or rather ranks against security, leaving £85,000 to be provided for by tome kind of miracle. The creditors | representing this latter sum are naturally raging fiercely, and casting about them m all directions m search of assets. There is first of alia Bum of £200 a year, to whioh the nobleman has a precarious olaim, out of the inoome of bis wife. Then again, his lordship ia*. among those noblemen who have occasion ally practised tbe vocation of cab driver, and at one time owned two superb 'hansoms, 1 horsed by four fast»stepping thoroughbreds. The v whole concern was . worth about £1000; but he has recently sold it to a professional cabman for £60, and the oreditors are trying to establish the fact that this was a ' friendly ' transaction, •and that the olaims of the 'friendly* oabman ought not to stand against theirs. Then, again, they want to attabh and obtain for themselves the lease of Mies Bessie Bellwood.' b house m Woburn place. Mies Bessie Bellwood, as Australian readers no doubt know, is the greatest and most magnetic musio-hall artiste of the age. The value of the lease of her house m Woburn plaoe is about £1000, and she purohased it from Lord Mandeviile for only £50. The creditors, therefore, regard m. her mnoh the same light >ajf the >* friendly ,', oabman. But even if they succeed against ibotb, the dividend of £2000 amongst £85,000 worth of creditors, when expenses are deduoted, will not come to. muoh more than 2d m the £. Of oourae, some* thing better will be done for them than that ; but it be through the bounty of Lord Mandeville's friends and that of his parent." ''■

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https://paperspast.natlib.govt.nz/newspapers/AG18890524.2.5

Bibliographic details

VISCOUNT MANDEVILLE'S BANKRUPTCY., Ashburton Guardian, Volume VII, Issue 2133, 24 May 1889

Word Count
351

VISCOUNT MANDEVILLE'S BANKRUPTCY. Ashburton Guardian, Volume VII, Issue 2133, 24 May 1889

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