Portrayer Lauren Chase First Appearance December 12, 1984 Episode #097 Last appearance March 5, 1985 Episode #154 Occupation Art historian Family Sir Richard Peale (off-screen father) Residence Houseguest at the Capwell mansion Episode count 24

Elizabeth Peale was a fictional character who appeared on Santa Barbara from December 1984 to March 1985. She was portrayed by actress Lauren Chase.

Introduction
In late 1984, Lionel Lockridge created a lot of public anticipation when he claimed that his family's ship, the Amanda Lockridge, had taken with her several valuable paintings when it sank one hundred years ago. He blamed the Capwell family for sinking the ship and made several phone calls with a "friend," telling him or her to make an appearance.

Around this time, an art expert named Sir Richard Peale was supposed to give a lecture at the museum. His daughter, Elizabeth Peale, arrived unexpectedly in his place and explained to C.C. Capwell, who was on the musem board, that her father had suddenly taken ill. Stating that she was equally qualified, she planned to take over the lectures. It was then that Lady Peale crossed paths with Lionel Lockridge, C.C.'s archenemy. Lionel immediately caused a scene, insulting Liz by calling her and her father overrated art historians, and refused to apologize for his words. Liz took it all in stride, however, and the two traded insults. Angered by Lionel's behavior, C.C. invited Liz to stay with him at his mansion as an honored guest. Little did he know that appearances had been very deceiving.

That same day, in his basement, Lionel admired crated paintings that were actually forgeries. It seemed that he planned to put these forgeries in the Amanda Lockridge and "discover" them the next day. As he invited his collaborator to share a drink with him, it was revealed that his "friend" was none other than Liz Peale! Although Lionel was determined to get his final revenge against the Capwells, Liz seemed more interested in success, richness and the adventure of it all.

Liz talked Lionel into letting her participate in the secret dive for the Amanda Lockridge. They brought up a safe from the ship and checked it out on Lionel's boat. In the safe, Lionel found a Chinese puzzle box and the captain's log book (among other items). Lionel read some of the entries from the log to Liz, but the captain's words didn't prove that a Capwell had been responsible for sinking the ship. In order to make the Capwells look guilty, Liz was helpful to Lionel by forging entries into the log. The next day, Lionel made a public dive for the Amanda Lockridge and "discovered" the safe.

Liz and Lionel after bringing up the safe from the Amanda Lockridge.

Everything went according to plan at first. The citizens of Santa Barbara believed that the fake paintings had been on the Amanda Lockridge all those years, and Lionel held a ceremony at the museum to celebrate his success. To everyone's surprise, Liz confirmed that one of the forgeries was an authentic Rembrandt. Lionel proceeded to open the safe and read entries from the captain's log, but was then arrested for Channing Capwell Jr.'s murder! Bail was set at five million dollars. To raise that kind of money, Liz agreed to help the Lockridges by selling some of the paintings.

Meanwhile, as Liz spent her time at the Capwell mansion, C.C. spilled her briefcase and saw her forging equipment. Liz managed to cover successfully, but it was a close call. She once got sidetracked by the Capwells when she rushed to get the equipment for her art scam with Lionel, but Lionel, disguising his voice, called and gave her an excuse to leave. Another guest in the Capwell house at the time was Gina Demott, who was romantically interested in C.C. and felt threatened by Liz's presence. The two vied for C.C.'s attention, and Gina was annoyed when Liz joined her and C.C. when they were going to see Christmas decorations. Wordly and attractive, Liz made Gina feel like she was out of her league. Like many of the citizens of Santa Barbara, Liz attended Kelly Capwell's wedding to Joe Perkins.

Instead of seducing C.C., Lady Peale took a shine to Cruz Castillo and the Lockridge chauffeur, Brick Wallace. After Cruz broke into the museum to check out the captain's log book, Liz got a description of him from the guard. She tried to make a deal with Cruz, asking him to dive for the Amanda Lockridge with her, but nothing came of it. Next, Liz attempted to seduce Brick. She tried to get him to pose for her and even offered him money, but he turned her down. This final rejection caused a lonely Liz to break down and tell Brick about her desperate attempts to get her father's attention. Tired of feeling like a fake, she visited Lionel in jail and told him there would be no more forgeries. Following this visit, Liz saw Peter Flint at the police station and was unnerved by the strange look in his eyes, unaware that he was in fact the Carnation Killer.

Planning to leave town, Liz was instead caught in the middle of a chase at the museum between Warren Lockridge (Lionel's son), Mason Capwell and the police. Surprisingly, Liz didn't give Warren away to Mason and helped the fugitive escape to his old barn. Since Warren was being suspected of Channing's murder, Liz offered her help in getting him off the hook. Warren asked her to deliver a note to the Contessa Armonti (a.k.a. Sophia Capwell) and lure her to a motel. That plan backfired, and Liz asked Brick to get Warren some things because by then she was being followed by the police. She gave Brick a friendly kiss, which was seen and misinterpreted by his girlfriend Amy Perkins.

Liz enjoyed her time with Warren in the barn, and it gave her more confidence in being an authentic painter. After Warren's name was cleared, we saw Liz again after she underwent an operation for appendicitis. She was grateful to Warren for rushing her to the hospital and tried to make something work between them, but he was more fascinated by policewoman Maggie Gillis. As a result, Liz was last seen when she cleared up Amy's misunderstanding about her and Brick.

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