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 (1854) he began to sink beneath the surface. An inquest was held into the death of Patrick Featherstone on Tuesday 9 September 1856, presided over by the High Bailiff Wilson. Capt. Skillicorn together with various members of his crew, numerous passengers and Daniel Cannon gave evidence. The Court found a verdict of accidental death. In summing up, High Bailiff Wilson stated that he could find no wrongdoing on behalf of Capt. Skillicorn or the crew of the "Ellan Vannin." Patrick Featherstone left a widow and six children. A charity was set up for his widow so as she may buy a