[2] The Lady of the Isles was launched by Miss Denbigh, daughter of the secretary of the shipbuilder Harvey's of Hayle on 15 March 1875.
She had a fore cabin accommodating thirty passengers, and a saloon for sixty.
She was fitted with a donkey engine to work a steam-winch, which in turn could be applied to a windlass.
From 1938 she was employed on salvage cable, and Air Force maintenance, and also continued running at times in conjunction with the Isles of Scilly Steamship Company.
[5] While in the service of the Royal Navy, she struck a magnetic mine and sank off Killigerran Head near Falmouth on 3 October 1940 with the loss of sixteen crew.