Thu 25 Apr 1872
General Half Yearly Meeting. Tonnage since 1 October 1871 £1296 7s 8d. After wages, etc, profit £763 11s. Dividend of £3 15s declared.
Mr J C Hallewell having resigned the office of treasurer to the Company, Charles Wyndham Kingdom appointed treasurer in his stead. The thanks of the proprietors was presented to Mr Hallewell for his long continued service.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at the Committee Room at Wallbridge on Thursday the 25^th day of April 1872
M^r G H A Beard in the Chair.
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 Act of Parliament and were examined and found correct.
It appears that the sum of £1296..7..8 has been received from the 1^st day of October last to the 1^st day of April, part of which has been applied towards the payment of Wages disbursements, etc, and there remains in the hands of the Treasurer the sum of £763..11..0 after paying the last Dividend.
Ordered that a Dividend of £3..15..0 on each Share be declared payable on the 1^st day of May next free of Income Tax.
Resolved that the following gentlemen be the Committee for the year following or until another Committee shall be appointed, viz: J T Fisher, C H Fisher, T M Croome, S Phipps, W W Kearsey, J C Hallewell, G H A Beard, T Marling, C H Hooper, F S Thornton.
M^r J C Hallewell having resigned the office of treasurer to the Company, resolved that Charles Wyndham Kingdom be & he is hereby appointed Treasurer in his stead.
Resolved that the thanks of the Proprietors be presented to M^r Hallewell for his long continued services.
