At a General Meeting of the Shareholders held this day on the Mine; Shareholders being present representing 2191 Shares.

Mr. RICHARD TREDINNICK in the chair.

Captain S. Trevethan read his Report, of which a Copy is annexed.

Moved by Mr. William Forsyth and seconded by Mr. Charles Hughes, that the Accounts presented to the Meeting be approved and passed, Carried unanimously; E. and O. excepted.

Proposed by Mr. Charles Hughes and seconded by Mr. William Forsyth, that the management of the Mine remain in the hands of Messrs. R. Tredinnick, Thomas Field, and J. A. Tielens.

Proposed by Mr. Thomas Field and seconded by Mr. Edward Evans, that Mr. Joseph Tredinnick be appointed Purser and Clerk to the Bryn-ar-ian Mine, at a salary of Five Guineas per month, to begin from the 31st of August last.

Moved by Mr. Edward Evans and seconded by Mr. Charles Hughes, that a Call of 10s. per Share be made, viz. : Five Shillings payable on or before the First day of October, 1849, and Five Shillings on or before the Fourteenth day of January, 1850.

Moved by Mr. Thomas Field and seconded by Mr. Edward Evans, that no Share or Shares be transferred until the full Call of Ten Shillings per Share be paid thereon, and that any sale effected shall bind the Seller to pay the same.

Gentlemen,

I have much pleasure in handing you my report on this Mine this day, the more so from the fact of the General Meeting being held on the Mine, the Shareholders have had the opportunity both of testing its accuracy and of judging for themselves, it is known to you all that when the Meeting was held at Wrexham, on the 12th. of February last, £1000 was subscribed for the erection of Machinery and developing the Mine since that time we have sunk the Engine Shaft 12 fathoms below the Adit Level, where the Lode is explored for 18 fathoms East of and 17 fathoms West of an cross cut 20 to 25 fathoms from surface driven in from the side of a hill 1400 feet above the Level of the Sea, for this distance 35 fathoms in length the Lode has produced from 10 to 30 cwt. of Lead Ore, worth about £10 per Ton [pencil note, ‘£9-0-0’]; East and West of the Engine Shaft, a 10 fathom Level has been driven 5 fathoms, and had averaged One Ton of Ore per fathom.

The yield of Two Stopes in the back of the Adit Level, sinking the Engine Shaft 12 fathoms below the Adit, and driving the 10 fathom Level 5 fathoms, has been above 50 Tons of Lead Ore, 20 Tons of which have been sold, and 30 Tons are now being dressed.

The Machinery erected is a 26 feet Water Wheel, 3 feet breast with Iron Axle, Rings and Centre pieces, together with Crusher, 2 feet Rolls by 14 inches long capable of dressing 100 Tons of Ore per Month [pencil note, ‘if we can get it’].

Signed S. TREVETHAN.

(enclosed)