Having declined the offers of a judgeship from Gladstone in 1883 and the Home Secretaryship from the Conservatives in 1886, he was on 25 January 1887 appointed a Lord of Appeal in Ordinary with a life peerage as Baron Macnaghten, of Runkerry in the County of Antrim.[5] No practising barrister who had been Queen's Counsel for less than seven years had ever before been promoted to the House of Lords.
He is famous for the elegance of his prose. An example is given in the case of Gluckstein v Barnes [1900] AC 240, where he refused to order that fraudulent company promoters should be entitled to contribution from other participants of the fraud. He said, "In these two matters Mr. Gluckstein has been in my opinion extremely fortunate. But he complains that he may have a difficulty in recovering from his co-directors their share of the spoil, and he asks that the official liquidator may proceed against his associates before calling upon him to make good the whole amount with which he has been charged. My Lords, there may be occasions in which that would be a proper course to take. But I cannot think that this is a case in which any indulgence ought to be shewn to Mr. Gluckstein. He may or may not be able to recover a contribution from those who joined with him in defrauding the company. He can bring an action at law if he likes. If he hesitates to take that course or takes it and fails, then his only remedy lies in an appeal to that sense of honour which is popularly supposed to exist among robbers of a humbler type."
He also gave an eloquent description of a floating charge in Illingworth v Houldsworth [1904] AC 335, where he said, "A specific charge, I think, is one that without more fastens on ascertained and definite property or property capable of being ascertained and defined; a floating charge, on the other hand, is ambulatory and shifting in its nature, hovering over and so to speak floating with the property which it is intended to affect until some event occurs or some act is done which causes it to settle and fasten on the subject of the charge within its reach and grasp."
Personal life
Runkerry House, Lord Macnaghten's home, as it stands today
He married, in 1858, Frances Arabella (d. 1903), the only child of Sir Samuel Martin, a baron of the exchequer; they had five sons and six daughters. His daughters remained living at Runkerry until c. 1950.
Sir Edward Charles Macnaghten, 5th Baronet (9 October 1859 – 31 December 1914), married firstly in 1888 the Hon. Gwen Elca Violett Abbot (d.1891), daughter of Charles Abbott, 3rd Baron Tenterden with whom he had one son, Hugh Macnaghten, who died young. He married secondly in 1894 Edith Minnie Powell, and they had two sons (the future 6th and 7th Baronets, who were both killed in WWI), and one daughter.
Hon. Frances Helen Macnaghten (1860 – 12 March 1950). Unmarried.
Hon. Beatrice Mary Macnaghten (1862 – 12 March 1950). Unmarried.
Sir Francis Alexander Macnaghten, 8th Baronet (18 May 1863 – 1 November 1951), who married 1905 Beatrice Ritchie, daughter of Sir William Johnstone Ritchie, 2nd Chief Justice of Canada. They had no issue.
Hon. Florence Mary Macnaghten (1864 – 26 January 1941). Unmarried.
Sir Frederic Fergus Macnaghten, 9th Baronet (16 May 1867 – 18 November 1955), who married 1915 Ada Webster. No issue.
Hon. Edith Arabella Mary Macnaghten (12 December 1865 – 16 January 1866)
Rt. Hon. Sir Malcolm Martin Macnaghten (12 January 1869 – 24 January 1955), who married in 1899 Antonia Mary Booth, daughter of Charles Booth. They had four children, including the 10th and further baronets.
Hon. Octavia Mary Macnaghten (1870 – 8 August 1946). Unmarried.
Hon. Anne Julia Mary Macnaghten (1872 – 7 March 1949). Unmarried.
Hon. Ethel Mary Macnaghten (1876 – 18 May 1951). Unmarried. A member of the Trade Board for Ireland.
Capt. Hon. Maurice Patrick Macnaghten (2 March 1874 – 5 May 1914), who married 1912 Sybil Torbock Graham, daughter of Col. Henry Graham of the 16th Lancers. Had no issue.
He died of pneumonia in 1913 at his home 198 Queen's Gate, Kensington, London, and was buried at Bushmills.[10]
