Tue 21 Apr 1885
General Half Yearly Meeting. Tonnage since 1 October 1884 £1193 16s 3d. After wages, etc, profit £590 8s 11d. Dividend of £2 10s declared.
At a General Half-yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 21^st day of April 1885 @ 4.o.clock pm
Mr E C Little Chairman.
The Minutes of the Committee since the last General Meeting were approved and confirmed.
[1] It appears that the sum of £1193..10..3 has been received from the 1^st day of October 1884 to the 1^st day of April 1885 and a balance brought forward of £81..8..9 from the last Half-year (after payment of Dividend) making a total of £1274..19..11 of which Sum £684..11..- has been applied towards payment of wages disbursements, etc, (including the Sum of £151..11..9 tonnage paid on Coal to the Thames and Severn Canal Co) and there remains in the hands of the Treasurer the sum of £590..8..11 available for Dividend.
Ordered that a Dividend of £2..10..- on each share be declared payable on the 1^st day of May next free of Income Tax, carrying forward a balance of £90..8..11 to the next Half-year account.
The sum of £235..0..6 in the Treasurers hands stands to the Credit of the "Reserve Fund" being £232..0..6 balance in the Bank on the 24^th day of June 1884 and £3 1/2 yrs Interest to the 25^th day of December 1884.
Resolved that the following Gentlemen form the Committee for the year next following or until another Committee shall be appointed:
Mr E C Little Chairman, Mr E F Gyde, Mr G H A Beard, Mr W^m Davies junr, Mr C H Hooper, Mr A J M Ball, Mr H H Mills, Major Fisher, Sir W H Marling Bart, Mr E P Little, Mr J Howard, Mr E J Davies.
