No. II Molfr Kolbainssonr Raeist Runa Thesa Ghaut — Molf Kolbainsson Carved These Runes to Gaut
Probably a memorial to a comrade who had fallen in battle.—Professor Stephens.
Tholfr Kolbeinssonr raeist runar thesa.
Tholf Colbanesson engraved these Runes.
The last word, read as haua, seems superfluous. It is possible there may have been some mis-spelling, the first (a) in haua may have been an (e) the dot having been a little prolonged, and the (u or v) may have been intended for an R, the word would then read hér á, hereon, or on this stone.—Professor Munch.
(Note.—Nos. 1 and 2 are both engraved on the upper part of the building.—J. F.)