The company leased the land on which the Bryn Eglwys slate quarry stood and took over slate extraction operations.
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The McConnel family were owners of Sedgwick Mill, a large cotton spinning mill in Ancoats in the city of Manchester.
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He founded the Aberdovey Slate Company that ran the Bryn Eglwys slate quarry from 1863 onwards and oversaw the construction of the associated Talyllyn Railway.
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