Laxey agreement that it should be kept in perpetual running order for the people of the Isle of Man. In 1965 the Isle of Man Government bought the wheel and the site. Restoration work began, and in 1989 it was put under the control of Manx National Heritage. Great Laxey Mine Railway re-opened with two small steam engines in September 2004 to carry passengers along the restored route. Laxey is the site of King Orry's Grave. The Laxey Woollen Mills were founded in 1881 by Egbert Rydings, supported by John Ruskin, and were originally water powered. The mills are known for
SS Ellan Vannin (1883) During the summer of 1909 Teare was in command of the "King Orry" and had only joined the "Ellan Vannin" the day before her ill-fated voyage. Captain Teare was married with four children. "Ellan Vannin" was carrying 15 passengers and 21 crew as well as mail and 60 tonnes of cargo which included approximately 60 sheep. The weather on departure was moderate and although the barometric pressure was falling the captain did not expect a significant deterioration in the weather. The wind direction on departure was from the northwest meaning the "Ellan Vannin" would have a following sea during her