Wed 28 Jan 1948
General Half Yearly Meeting.
Received £424.1.3, Balance £307.8.0, Total £731.9.3. Wages £360.12.1, Balance £370.17.2. No dividend. £511.19.5. War Loan Stock value £526.1.0 and £183.17.8 National Defence Stock. Reserve Fund £709.18.8.
General Half Yearly Meeting of he Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 28^th day of January 1048 @ 3 o'clock pm
Chairman RJC Little.
It appears that the sum of £424 1s 3d has been received from the 1^st day of July 1047 to the 31^st day of December 1947 and a balance brought forward of £307 8s 0d making a total of £731 9s 3d of which the sum of £360 12s 1d has been applied towards wages, disbursements etc, and there remains in the hands of the Treasurer the sum of £370 17s 2d.
Ordered that no Dividend for the half year ending December 1947 be paid.
3 1/2% War Loan Stock valued at £524 1s 0d and £183 17s 8d 3% National Defence Stock 1954-58 stands to the credit of the Reserve Fund making a total of £709 18s 8d.
