Under Cornish Stannary Laws cost-book system, two monthly meetings were held at which the purser presented the accounts, where profits were shared and debts (or 'calls') were settled.
Mine owners' names were held in 'cost books', from which their entry could be deleted after settling outstanding calls; the system existed until 1883.
Webb's Hotel featured in royal visits, parliamentary declarations and much more, before being converted into flats and offices.
A Grade II* listed building, the abandoned Webb's Hotel fell derelict by 1989, but was purchased by a property developer in 2001 and restored to its original splendour, being reopened in 2005.
Now no longer a hotel, the building is renamed Webb's House, and its front gardene re-landscaped with granite seats, flower borders and a Celtic cross.