731009

October 9, 1973

County Superior Court, Los Angeles, Ca.

PRESLEY AND WIFE LEAVE COURT AFTER  DIVORCE -

Singer Elvis Presley and his wife Priscilla, 26, leave Superior Court in Santa Monica,  Calif., Tuesday after he was granted a divorce on grounds of irreconcilable differences. The six-year marriage ended with a modified property settlement involving $1.5 million.

Million Dollar Settlement
Elvis And Wife Divorced

SANTA MONICA, Calif. (AP)
- Singer Elvis Presley and his 26-year-old wife Priscilla have ended their marriage with a friendly kiss and a property settlement making her a mil-lionaire.

   Presley, 38, was granted his divorce Tuesday in Los Angeles County Superior Court. The  couple, married six years, agreed on a modified property settlement involving a $1.5 mil-

lion.

   In seeking the divorce, the singer cited irreconcilable dif- ferences because of pressure from constant traveling. The hearing was closed to the public.

   The Presleys were married in Las Vegas, Nev., in May 1967 after a courtship that began in Germany. She was the daugh-ter of an Army officer and he was the world´s best known tank-driving corporal.

   Under the settlement, Presley willl pay $725,000 in cash out-right and another  $720,000 at $6.000 a month over a 10-year period.

   She also will receive half the proceeds from the intended sale of their Beverly Hills home; five per cent of the outstanding stock in Elvis Presley Music Inc.,  and White Haven Music Inc.; 4,200 a month for her ad-ditional  support for a year; and

$4,200 a month support for their 5-year-old daughter Lisa.

   Presley paid $400,000 for the multi-level Beverly Hills home shortly after his marriage.

   

   The original agreement had been $100,000 "and a couple of cars," said Harry Fain, a Pres-ley attorney.

"This man agreed to  pay her this without any contest be-cause he wanted to be generous and  make  her  happy,"  Fain said. "I´ve never met a man so unselfish."


Presley has been a regular headliner at Las Vegas casino shows.