The schooner, Monreith, was built in Port William in 1880. On 12th November 1900 she was on a voyage from Newcastle, County Down to Silloth carrying 110 tons of granite kerb stones, when a storm blew up. She attempted to take shelter in the mouth of Kirkcudbright Bay where she was driven onto the sand banks of Goat Well Bay. Her crew all got safely ashore in the ship’s boat. Today her ribs can still be seen when the tide is low.