It was centred in Cheltenham, England, and built monuments made of iron and stone in the United Kingdom.
Richard Lockwood Boulton started training as a stonemason and then began working with his brother.
In 1855, he left his brother's business and moved to Birmingham where he married Martha Mary Dutson (born 1834 in Herefordshire).
[3] At one stage he was employing 21 people in the firm, which included Herbert Henry Martyn.
On 23 January 1905, Boulton died in Bournemouth and was buried next to his first wife in the churchyard of St Mary's Church in Charlton Kings.