(i) Sir Herbert Lloyd Watkin Williams Wynn of Wynnstay, co Denbigh, Bart.
(ii) John Frederick Kimmel of London, merchant, and John Paull of Llanidloes, co Montgomery, mining engineer.
All mines of lead, etc under certain lands in Llangurig, co Montgomery. Plan annexed.
Term: 30 years
Rent: 1/30 share of ore raised or a dead rent of £10 pa.
Endorsed: 'Nant Iago mine'.