SCHOOLBOY’S £lOO,OOO

Waikato Times, Volume 113, Issue 18927, 22 April 1933, Page 12 (Supplement)

SCHOOLBOY’S £IOO,OOO

Under the will, just published, vt Lord Wavertree, the racehorse owner, a schoolboy of 16 becomes heir to a fortune which may amount to over £IOO,OOO. i Lord Wavertree, who’/ died on February 2, at the age of 76, left £B3B, 290, with net personalty £749,408. The fortunate youth, Byron Harvey Talbot,.is the son of Mrs Dorothy Talbot, widow of Lieutenant-Colonel D. H. Talbot, and Lord Wavertree was his great-uncle. According to the terms of the will the residue of the property is to accumulate for 21 years, and is to be held in trust for him. He will thus be 37 before he receives any income from the bequest. A friend of the family staled in an interview that Lord Wavertree did not. often see Byron Talbot, “but enough to like him very much.” The actual amount of the legacy. It was explained, depended on the realisation of real estate. Tc,' his wife, who is provided for by marriage settlement. Lord Wavertree left £IOOO and liis house, Underwood, Bournemouth, and his household effects. His diaries and correspondence are left to his executors, but no publication is tc be made until 10 years from his death.

Racing Peer’s Gift to Boy Whom “He Liked Very Much.”

He also made the following bequests:— Ills racing cups and trophies to the Walker Art Gallery, Liverpool. Yachting cups to the Royal Yacht Squadron. £2OOO to Lady Wavertree’s secretary, Annette M. Drew. £IOOO to his servant and groom, Arthur Bridges. £3OO to his housekeeper, Jessie Maclood. £SOO to his chauffeur, Harry Groom. £SOO to his bailiff, Arthur Bratt.

£2OO each to Alfred Conkey and George Conkey, grooms. One year's wages to ether servants of two years’ service.

In addition, £2OOO facli is left to the David Lewis Northern Hospital, the Blue Goat Hospital, Liverpool, Chester Royal infirmary and Harrow School.