▁the ▁late ▁ 1 9 6 0 s , ▁under ▁Edward ▁Cl if ton - B rown . ▁B OL SA ▁was ▁one ▁of ▁the ▁first ▁banks ▁in ▁the ▁Euro d ollar ▁market , ▁developed ▁by ▁Sir ▁George ▁Bol ton , ▁Chair man ▁of ▁B OL SA . ▁He ▁was ▁increasing ly ▁drawn ▁into ▁the ▁management ▁of ▁K ne b worth ▁House , ▁for ▁public ▁events , ▁so ▁he ▁left ▁bank ing ▁and ▁dedicated ▁himself ▁to ▁the ▁house ▁and ▁estate . ▁ ▁House ▁of ▁L ords ▁Ly tt on - C ob bold ▁inherited ▁the ▁title ▁Baron ▁Cob bold ▁on ▁ 1 ▁November ▁ 1 9 8 7 ▁and ▁was ▁appointed ▁to ▁be ▁a ▁Deput y ▁Lieutenant ▁by ▁the ▁Lord ▁Lieutenant ▁of ▁H ert ford shire ▁on ▁ 8 ▁June ▁ 1 9 9 3 . ▁He ▁was ▁one ▁of ▁the ▁nin ety ▁her edit ary ▁pe ers ▁elected ▁to ▁remain ▁in ▁the ▁House ▁of ▁L ords ▁after ▁the ▁passing ▁of ▁the ▁House ▁of ▁L ords ▁Act ▁ 1 9 9 9 . ▁A ▁runner - up ▁in ▁the ▁initial ▁election ▁that ▁year , ▁he ▁replaced ▁My rt le ▁Robert son , ▁ 1 1 th ▁Baron ess ▁Wh art on ▁following ▁her ▁death ▁on ▁ 1 5 ▁October ▁ 2 0 0 0 . ▁ ▁On ▁ 1 3 ▁October ▁ 2 0 1 4 , ▁he ▁became ▁only ▁the ▁second ▁person ▁to ▁res ign ▁his ▁membership ▁of ▁the ▁House ▁under ▁the ▁House ▁of ▁L ords ▁Reform ▁Act ▁ 2 0 1