well i know the true story, it started way back when party hall was first built by the architects of runescape. The king came down to see the finished building for his princesses party, party Pete with disgust showed rage that the princess did not want to marry him. It was at that moment when Party Pete weilded his dagger and stabbed the king in the back and stole his crown, the crown was then drenched in blood and turned red. He then framed the princesses loved one. He then was appointed to be incharge of the party hall by the princess for bring up the "murderer" the princess now mourns on the top of the party hall while pete sits below with his Red crown which he has renamed... the red party hat.