Tue 19 Oct 1886
General Half Yearly Meeting. Tonnage from 1 April £1125 6s 7d. After wages, etc, profit £473 12s 8d. Dividend of £2 5s declared.
Permission was given to Mr W Walters of Stonehouse for a letter box to be placed in the wall of the premises occupied by Mr Charles Critchley near the Ship Inn.
Mr W Davies junior, Mr Fred Howard and Major Fisher re-elected as members of the Committee.
At a General Half-yearly Meeting of the Proprietors of the Stonehouse Navigation held at Wallbridge on Tuesday the 19^th day of October 1886 @ 3.30 pm.
At this Meeting Members will be chosen for supplying vacancies in the Committee.
Mr E C Little Chairman.
The Minutes of the Committee since the last General Meeting were approved and confirmed.
It appears that the sum of £1125..6..7 has been received from the 1^st day of April 1886 to the 1^st day of October 1886 and a balance brought forward from last 1/2 year (after payment of Dividend) of £9..15..9 making a total of £1135..2..4 of which sum £661..9..8 has been applied towards the payment of wages, disbursements, etc, (including a sum of £149..2..- proportion of tonnage paid to the Thames & Severn Canal Co) and there remains in the hands of the Treasurer the sum of £473..12..8 available for Dividend.
Ordered that a Dividend of £2..5..- on each share he declared payable on the 1^st day of November next free of Income Tax, carrying forward a balance of £23..12..8 to the next 1/2yrs account.
The sum of £243..10..6 in the hands of the Treasurer stands to the Credit of the "Reserve Fund" being £240..10..6 balance in the Bank on the 25^th December 1885 and £3 1/2 years Interest to the 24^th June 1886.
M^r Walters of Stonehouse having applied for leave (in case the Post Master General approved) that a wall letter box might be placed in the Wall of the Premises occupied by Mr Charles Critchley near the Ship Inn.
Permission was given to it.
The following Gentlemen were re-elected members of the Committee (viz)
Mr W^m Davies junr, Mr Jno Howard & Major Fisher.
Cheques drawn:
H H Mills Esq: 7..10..0
Mr F Sturge: 5..5..0
[Total] £12..15..0
