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VALUABLE CHRISTMAS GIFT Late Lord Beresford Leaves En ¬ tire Stable of Race Horses to King George LONDON England December 25 King George has received as a handsome and wel ¬ come Christmas present all the race horses owned by the late Lord Marcus Beresford valued at more than 123000 The bequest came as a surprise to the King as it was believed Lord Marcus horses would go with the remainder of his estate to his grand nephew the young Marquis of Waterford whose family name is Beresford BeresfordOf Of course Lord Marcus was as close and trusted a friend of King George as he had been of King Edward He was manager of King Edwards thoroughbred stud and rac ¬ ing stable twenty years and held the same post for King George from 1910 to his recent death deathKing King Georges stable has not been particu ¬ larly successful recently but it boasts some of the finest blood on the English turf and Lord Marcus horses are a great accession to it itThe The King took an unusual step in sending his son the Duke of York to represent him at Lord Marcus funeral Ordinarily lie would have been represented by an equerry on sucli an occasion Further the King ordered that the memorial service for Lord Marcus which was to have been held at St James Piccadilly should take place at the Chapel Royal RoyalLord Lord Marcus inherited a life interest in the estate of nis nephew Lord William Beres ¬ ford who died young The estate valued at 2000000 oaine from Lord Williams Amer ¬ ican mother the Duchess of Marlborough who married finally the famous Lord Wil ¬ liam Beresford V C This estate now passes to the Marquis of Waterford