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In 2002 Sir Derek Bibby, 2nd baronet, and great-great-grandson of the founder and past chairman and president of the firm, was aged 80 and terminally ill with leukemia.
His widow remarried Sir Thomas Gascoigne, 8th Baronet of Parlington Hall, Aberford and their daughter Mary inherited the Gascoigne's Parlington estate.
He died in 1686 at Lambspring monastery in Hanover, of which his brother John, who died in 1681, had been Abbot.
He was a keen breeder and trainer of horses and with Sir Thomas Stapleton won the St. Leger Stakes in 1778 with Hollandoise.
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He supported the cause of American Independence and built a commemorative arch to the American Victory in the War of Independence, thought to be modelled on the Arch of Constantine in Rome, at the entrance to his Parlington Hall estate.