Annual report for year ending June 1862 containing details of the rental of the estate and the consequent worsening financial situation. Explains that rental income has decreased due to the inability of the tenants to meet their rent following the bad harvest of the previous year. Also discusses drainage and land improvements at Ballyknockan, Annagharvey, Ballyduff, Ballydownan and Colehill. In terms of buildings, the report discusses construction of a new school house at Geashill and minor repairs to existing tenants' houses. Referring to the number of tenants on the estate, the report suggests that there are too many for advantageous farming and discusses compensation scheme for emigration. Reports that 807 tenants have left in the last five years and 142 houses were levelled.

Referring to the threat from Ribbonmen, the report warns that Lord Digby is set to lose two of his best tenants, Mr Denning, bank manager of Bank of Ireland, Tullamore and Mr Dowling, attorney, Tullamore due to sustained intimidation by Ribbonmen. Appendix contains copies of letters from both men setting out their situation. Appendix also cotnains report on the woods and forests by forester Daniel Dewar.

Drawings in report:
Page 1 Drawing of cottage and yard with tenants and animals
Page 5 Drawing of large farmhouse with adjoining field being ploughed.
Page 8 Drawing of the new schoolhouse
Page 10 Drawing of Scrubb Wood before and after thinning
Page 12 Drawing of a ship sailing from the coast (emigration)
Page 105 Map of Ballycollin