Minutes Wed 27 Apr 1870

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Wed 27 Apr 1870

Summary

General Half Yearly Meeting. Tonnage since 1 October 1869 £1364 1s 1d. After wages, etc, profit £729 11s 3d. Dividend of £3 10s declared.
Same Committee re-elected.

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 27^th day of April 1870.
The Minutes of the Committee since the last General Assembly were read approved and confirmed.
The several books and Accounts were produced as directed by the Act of Parliament and were examined and approved.
It appears that the sum of £1364..1..1 has been received from the 1^st day of October 1869 to the 31^st of March part of which has been applied towards the payment of Wages Disbursements, etc, & there remains in the hands of the Treasurer the sum of £729..11..2 after paying the last Dividend.
Ordered that a Dividend of £3..10..0 on each Share be declared payable on the 1^st day of May next.
Resolved that the Committee of last year be reelected.

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