Tue 13 Oct 1795
General Half Yearly Meeting. Tonnage £988 9s 10d. £698 6s 6d for land sold. Balance £751 10s 4½d. Dividend of £3 15s declared.
Coal Committee to draw sum not exceeding £1000 over and above capital of £500.
House and office to be built near eastern boundary of wharf at Wallbridge for residence of Company Clerk.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn in Stroud on Tuesday the 13^th of Octo^r 1795
The Rev^d Doc^tr Disney in the Chair.
The Minutes of the last General Meeting were Read and Confirm'd.
The Several Books and Accounts were produced respecting the Affairs of the Company as directed by the Act of Parliament and Examined and Confirm'd.
It appears by the Accounts that the Sum of £988..9^s..10^d has been received for Tonnage, etc, from the 14^th of April last to this day, also the sum of £698..6^s..6^d for Lands sold, a part of the above has been applied towards the Payment of Debts, Wages, Disburstments, etc there remains in the Treasurers Hands after paying the last Dividend the Sum of £751..10^s..4½^d.
Ordered that a Dividend of £3..15^s be made on each Share to be paid by the Treasurer on the 2^nd day of Nov^r next and that our Clerk do transmit Circular Letters to all the Proprietors to inform them that they may draw upon the Treasurer or apply to him for Payment of the same.
Resolved that in future the Coal Committee or any two of them be empowered to draw upon the Treasurer for any Sum that may be necessary for the purchase of Coals not exceeding £1000 over and above the Capital of £500 the property of the Company already appropriated for that Purpose. M^r Grazebrook being present agrees to accept of the same upon Condition of receiving Interest for any money advanced over the Ballance in the Coal Account.
Resolved that a House and Office be built as soon as conveniently may be, near the Eastern boundary on the Wharf at Walbridbe for the constant Residence of the Clerk of this Company, and that the Plan and Erectio of the same be referred to the Committee.
