Minutes Wed 26 Apr 1848

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Wed 26 Apr 1848


General Half Yearly Meeting.
Tonnage since 30 September 1847 £2962 13s 8d. After wages, etc, profit £2313 2s 10d. Dividend of £11 10s declared.
The auditor should be more attentive in future to the checking of tickets with the numerical book.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the Committee Room at Wallbridge on Wednesday the 26th day of April 1848
Geo H A Beard Chairman.
The Minutes of the last General Half Yearly Meeting were read and confirmed.
The several Books and Accounts were produced as directed by the Act of Parliament and were examined & passed subject to the Resolution below.
It appears that the sum of £2962..13..8 has been received for Tonnage, etc, from the 30th day of September last to the 31st day of March 1848 a part of which has been applied towards the payment of Wages, Disbursements, etc, and there remains in the Treasurer's Hands after paying the last Dividend the sum of £2313..2..10.
Ordered that a Dividend of 11..10..- on each Share be declared payable on the 1st day of May next.
The Minutes of the Committee of the 19th Inst State that M^r Cooper the Auditor there attended and stated that he had examined the Books and Vouchers and found _them_ correct But on referring to a book called the numerical Book containing Entries of the Numbers and amounts of the Tickets It appears to this Meeting that the same ought to have been compared with the Tickets themselves and marked as having been shown to him and appearing to have been entered in the Tonnage Book But that there are many Tickets not so marked or checked by the Auditor both in the last and the previous half year.
Ordered that the Auditor be requested to attend and check the Book with the Tickets and to report thereon stating the time up to which the Tickets have been so checked and to be more attentive to that part of his duty in future.
The following Gentlemen were chosen on the Committee for the ensuing year limited to Ten in number:
M^r G H Beard, M^r Will^m Fryer, Jn^o Holbrow, Jn H Warman, Fred Eycott, C H Fisher, Rich^d Martin, T C Croome, Hen^y Sikes, Cha^s Hooper.

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