Minerals and Coal Process CalculationsBiblio.com
84 Mortgage Debentures to Mary Cavan Executrix of the late P.C. Cavan dated 1872 or later.
Best.-Nr. RGW22847With 4 Share certificates for the Llynvi Coal & Iron Company Ltd dated 1871 to Mary Cavan creased on one corner 1885 correspondence and endorsements about the debentures. The principal sums were repaid in 1885. In 1884 it would appear the debentures were worth £41860. The works were started in 1798. This particular company was formed in 1872. It would appear Mary Cavan held nearly one third of the shares in The Llynvi Coal and Iron Company in 1871. Her husband Colonel Cavan had died in 1870. The Cavan family had a long history of investing in the South Wales iron industry. James Cavan had invested in the Llynvi Iron Works in 1845 and before that in the Cambrian Iron and Spelter Company.In 1886 the companyÕs ironworks at Maesteg ceased to work. Possibly the paying back of the debentures was a contributing factor to the closure. unknown
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