1694
An opportune inheritance
In 1694, George Booth, 2nd Earl of Warrington (1675–1758), inherits the Dunham Estate, alongside his father's debts of £50,000. With few resources to settle them, the threat to the financial ruin of the estate was real. George tightens control of his finances and bows out of political involvement in an effort to save the estate for future descendants, insisting his tenants honour their commitments and pay their dues.
George's problems were finally eased when, on 9 April 1702, he marries Mary Oldbury (d. 1740). Mary was the daughter of John Oldbury, a London merchant. Recent research has revealed that John successfully amassed a great fortune toward the end of his life as a result of astute business deals, trading currants, fish and citrus fruits. Mary and her sister Dorothy both received an equal and sizeable inheritance on his death, reputed to be £40,000, Unfortunately, after their marriage George found this figure was actually £24,000 (still about £2.5 million in today’s money). It helped secure the estate finances, enabling George to resolve some significant financial obligations. He decided to plants hundreds of trees across the park as a timber resource.