Tue 10 Apr 1804
Half Yearly General Meeting. Tonnage £2261 3s 11d, Balance after wages, etc, £1748 19s 4d. Dividend of £7 declared. The sum of £200 to be taken from the above balance and added to the capital employed in the coal trade.
The Chairman of the last general meeting reported that he had communicated to the Lord Lieutenant the offer of the use of our canal, tonnage to be free, and of our boats and servants in case of invasion and that he had received an answer from the Lord Lieutenant stating that His Majesty was graciously pleased to accept it.
Committee for next year: Revd. William Ellis, Rev Joseph Colborne, Samuel Wathen, John Allaway, Benjamin Grazebrook, Joseph Grazebrook, Rowles Scudamore, William Battersby, Nathaniel Wathen, Nathaniel Jones, Henry Burgh, William Sevill, James Tyers.
At a General' Half Yearly, Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn in Stroud on Tuesday the 10^th of April 1804
Samuel Wathen Esq^r in the Chair.
The Minutes of the last General Meeting were Read and Confirmed.
The several Books and Accounts were produced respecting the Affairs of the Company as directed by the Act of Parliament and Examined and Confirmed
It appears by the Accounts that the Sum of £2261..3^s..11^d has been received for Tonnage due from the 11th of October last to this day, a part of which has been applied towards the payment of Wages, Disbursements & there remains in the Treasurers hands after paying the last Dividend the Sum of £1740..19..4.
Resolved that the Sum of Two Hundred Pounds be taken from the above Ballance and added to the Capital employed in the Coal Trade.
Ordered that a Dividend of 7^£ be made on each Share to be paid by the Treasurer on the 1^st day of May next and that our Clerk do transmit Circular Letters to all the Proprietors to inform them they may draw upon the Treasurer or apply to him for payment of the same.
The Chairman of the last General Half Yearly Meeting reported that he had communicated to the Lord Lieutenant the Offer of the use of our Canal, Tonnage, etc, free, and of our Boats and Servants in Case of Invasion, and that he had received an answer from the Lord Lieutenant stating that His Majesty was graciously pleased to accept it.
The following Gentlemen are appointed a Committee for the ensuing Year Viz:
Rev^d Will^m Ellis, Will^m Battersby, Rev^d Jos^h Colborne, Nath^l Wathen, Sam^l Wathen, Nath^l Jones, John Allaway, Henry Burgh, Ben^n Grazebrooke, Joseph Grazebrooke, Will^m Sevill, Rowles Scudamore, James Tyers.
