Career
In 1844, desperate for funds to continue the operation of the silver mine on the island, he obtained crown permission to mortgage the Fief of Sark for £4,000 to John Allaire, a local privateer. In 1845 the ceiling of the mine"s deepest gallery collapsed. The company was uninsured for this, and was finally closed in 1847.
Le Pelley"s heir, Pierre Carey le Pelley was unable to keep up his mortgage payments and was forced to sell the seigneurie of Sark to Marie Collings, John Allaire"s daughter and heiress, for £6,000.