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BANKRUPT PEER

LORD TERRIHGTOH'S AFFAIRS POWER OF ATTOBNEY EXCEEDED CLAIM FOR RECOVERY OF £200,000. Press Association—By Telegraph— Copyright LONDON, November 11. Astonishing details in the alleged Lord Terringlon frauds were revealed in a lawsuit in which Sir Harold Rcckitt is seeking to recover from a motor firm £200,1)00 which Lord Terrington paid out of Sir Flarold Rcckitt’s account. Sir Harold Rcckitt gave evidence that when ho was recalled from India Lord Terrington, whom ho iiad known since boyhood, and who had been acting as his attorney, admitted that he had drawn £47,000, though Sir Flarold Rcckitt later found that more than £25.0,000 had gone. The case was adjourned. CLAIM SUCCEEDS. LONDON, November 12. Delivering judgment in favor of Sir Harold Rcckitt, Mr Justice Eowlatt said that the power of attorney given to Lord Terrington was wide, bub did not justify him'filling his own pockets at Sir Harold Reckitt’s expense. [A cablegram from Berlin on May 24 stated that Lord Terrington, who had been absent on the Continent since July, when his creditors proceeded in the Bankruptcy Court in connection with debts amounting to £420,000, was detained at Boulogne when about to board a vessel for England. The bankruptcy proceedings had been held up owing to a medical certificate to the effect that his health would not permit him to travel from Monte Carlo. Later, owing to the state of his health, Lord Terrington was taken from prison to hospital. There were dramatic circumstances associated with his detention. He arrived at Boulogne in company with Airs do Verc Humphrey with the intention of joining the boat for England. When lie presented his passports at the barrier the French police interposed, and led him to a waiting room. Airs Humphrey insisted upon accompanying him. She protested against the treatment, declaring that they were returning to England. She declared: “This is scandalous. J have asked for the intervention of the British Consul. I hope the English Press will ho acquainted with this happening. Even though wo offered to lock him up in the captain’s cabin they refused to let us sail.” After considerable questioning, Muring which .half a dozen gendarmes arrived to participate while Lord Terrington, heavily muffled, was weakly seated in a chair/ the police informed him that ho would have to go to the police station. Proof of debts amounting to close on £500,000, including £213,000 entered by one creditor, was proved against Lord Terrington in the Bankruptcy Court in London in July of Inst year. A doctor’s certificate stated that Lord Terrington was then at Alonte Carlo, and unfit to travel. The slightest effort, mental or physical, would probably be fatal. The Official Receiver commented on Lord Terrington not being sufficiently ill to leave England, yet being too ill to return there, though grave matters were awaiting an explanation. The debtor claimed that he was perfectly solvent, subject to the realisation" of his assets. He attributed his failure to repay the loans to clients to the excessive interest charged by money-lenders, to ill-health, to the coal and general strikes. The creditors included the names of famous families.]

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19271114.2.34

Bibliographic details

Evening Star, Issue 19713, 14 November 1927, Page 5

Word Count
517

BANKRUPT PEER Evening Star, Issue 19713, 14 November 1927, Page 5

BANKRUPT PEER Evening Star, Issue 19713, 14 November 1927, Page 5

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