Oliver Grace, of Shanganagh (now Gracefield), was chosen in 1689 as the representative in Parliament of the borough of Ballynakill, in the Queen's County, Ireland.
[2] Oliver Grace was Chief Remembrancer of the Irish Exchequer and a member of the Privy Council of King James II.
[3] Although a supporter of Catholic King James II during the Williamite War in Ireland, Oliver Grace was trusted and respected by the Protestant Landed Gentry of Queen's County.
When the Jacobites held the upper hand in Ireland, several large Protestant estates were assigned over to him in trust whose proprietors relied solely on his honor for their restoration.
[5] Oliver Grace's 3rd great-grandfather, Sir Oliver Grace, was Knight of Ballylinch and Legan Castles, County Kilkenny, Lord of Carney, Tipperary, and Member of Parliament (MP) for that county in 1559.