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The Wern, 1872

A drawing included in the supplement to Joseph Fells investors guide, published in 1872. Joseph Fell was a director of the Altycrib Silver Lead Mining Co Ltd, and the later Talybont Silver Lead Mining Company Ltd and when the guide was published he was only 22 years old. From a family of servants, he enjoyed a meteoric rise to riches, and was to go down in history as one of the most atrocious swindlers of the 19th Century. His biggest scam involved the purchase of the neighbouring mines of Esgair Hir and Esgair Fraith for £2500 under a false name, and then the formation of a company to work them with a capital of £100,000 of which £70,000 in shares was paid to the fictitious owner, really Fell. By the time the swindle came to light, Fell had sold most of them off. I estimate that he made the modern equivalent of about £8M. He also pulled a scam at Talybont in league with his cohorts Richard Barrabee Fastnedge, another director, and his bent mine captain Thomas Glanville."

This photograph is by royfellows and was uploaded January 1st 2008. © royfellows please do not copy or distribute without prior express permission.


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