Word: yusupov
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Dates: during 1923-1923
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Joseph E. Widener of Philadelphia refused a check for $520,334 with which Prince Felix Yusupov of Russia (TIME, Dec. 3) would fain buy back or "recapture" two Rembrandt portraits, heirlooms in his family for 200 years, but conditionally acquired by Mr. Widener in August, 1921. The refusal was an impressive demonstration of the undiminished potency of the great Dutch master's name...
...Summer of 1921, Prince Yusupov, whose family was once reputed the "richest in Russia," found himself in financial straits. To raise immediate cash, he had already hypothecated these two historic Rembrandts, smuggled out of Soviet Russia in a manner still unexplained, for the admittedly inadequate sum of 45,000 pounds sterling...
...private gallery at Lynnewood, in the Elkins Park suburb of Philadelphia, contains a dozen or more of the finest Rembrandt canvases that ever have been brought out of Europe, including that celebrated landscape chef d'oeuvre The Mill) intervened, and paid or advanced as a loan to Prince Yusupov 100,000 pounds sterling, taking over the two paintings as security. It was announced at the time that he had purchased them outright, and evidently Mr. Widener himself preferred to view the transaction in that light, as he tightened it up with an iron-clad agreement, signed by the Prince...
This is what Prince Yusupov is now trying to do, and is prepared to do, so far as having the cash in hand is concerned. He has proffered a check for $520,334, representing the current value of 100,000 pounds sterling plus 29 months' interest at 8%-a profit for Mr. Widener of $155,334 on his money investment, if he chooses to take it in that...
...friendship and confidence of Peter the Great. Later General Felix Nicholaievitch Elston great-grandson of Colonel Elston, married the heiress of the last Count of Sumarokov and received permission from Tsar Nicholas I (1825-1855) to use the name of Sumarokov-Elston. It was their son who married Princess Yusupov, the sole heiress of the fabulously rich and eccentric Prince Nicholas Yusupov (grandfather...