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Looks like he was transported as an exile and thus would have been granted a conditional pardon on arrival.

http://srwww.records.nsw.gov.au/indexes/searchhits_nocopy.aspx?table=Index%20to%20convict%20exiles,%201846-50&id=20&frm=1&query=Surname:russell

Interesting that just a few years after being transported (on a 15 year sentence). he is in business in Elizabeth Street, Melbourne as a chemist. http://trove.nla.gov.au/ndp/del/article/4789896  (column 3)

I haven't been able to find any convict records for him post-arrival. Per newspaper reports the Marion took its cargo of "exiles" on from Hobart to Port Philip. Hence no record in Tasmania.

I don't think there's much to tell from the jacket.

The army register of soldiers effects has two entries for S/20115 Michael Campbell recording the remittance of money (war gratuity, pay etc) to his mother Jane in 1919 and 1920. No address given. They also record that he was listed "missing presumed dead" since 12 October 1917.

"Soldiers Died in the Great War" records his birthplace as Glasgow, enlistment at Hamilton

is he related to Frederick Tyler Russell who married 1845 in Whitechapel to Jane Burt.

I think that is the big question!  Is he Frederick Tyler Russell, surgeon, father Richard.

Adam Mackay, widower, master mariner, remarried in Liverpool (St James, Toxteth) on 1 April 1841  to Mary Ann Peake. His father was Abraham Mackay, farmer, deceased. Her father Thomas Peake, farmer deceased. Witnesses William Peake and Nancy ? .

His address is given as Clonallen, Downshire, Ireland. In the newspaper announcement (Liverpool Mercury 9 April 1841) his address is given as Warren Point, hers as Chester Street.