Minutes Wed 18 Oct 1820

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Wed 18 Oct 1820

Summary

Half Yearly General Meeting. Tonnage £2759 19s 2d. Balance after wages, etc, £1928 9s 8d. Dividend of £9 10s declared.
George Hawkins wished to buy part of the wharf at Dudbridge but the Company refused to sell feeling it would disadvantage them.

Verbatim text

At a General half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the George Inn Stroud on Wednesday the 18^th October 1820
Will^m Stanton 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 Act of Parliament) were examined and confirmed,
It appears by the accounts that the Sum of _£2759..19..2_ has been received for Tonnage, etc, from the 13^th day of April last to the 13^th Instant, a part of which has been applied towards the paymetn of Wages, disbursments, etc, & that there remains in the Treasurers hands after paying the last dividend the Sum of _£1920..9..8_.
Ordered that a dividend of £9..100.0 be paid on each Share by the Treasurer on the 1^st day of November 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.
Application having been made by M^r Hawkins to purchase a part of the Wharf at Dudbridge, & which being taken into consideration, it was determined that it would be injurious to the Company to dispose of any part of the said Wharf.

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