(i) Sir Watkin Williams Wynn of Wynnstay, co. Denbigh, Bart.
(ii) Griffith William Griffiths of Machynlleth, co. Montgomery, timber merchant, and John Hughes Jones of Aberdovey, co. Merioneth, timber merchant.
All mines and minerals in Bugeilyn sett, parish of Penegoes, co. Montgomery. Plan endorsed.
Term: 21 years
Rent: 1/16 part of a minium of £20 pa.