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It was created on 20 May 1622 for Sir Thomas Beaumont, 1st Baronet, Member of Parliament for Leicestershire from 1604 to 1611 and High Sheriff of Leicestershire in 1610.
In 1287 his brother, Osbert de Bereford, a previous High Sheriff of Warwickshire and Leicestershire, bought a property in Wishaw, and after his death a few years later the land was left to William.