Minutes Tue 21 Apr 1891

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Tue 21 Apr 1891


General Half Yearly Meeting. Tonnage since 1 October 1890 £770 7s 7d. After wages, etc, profit £273 9s 4d. Dividend of £1 5s declared.

Verbatim text

At a General Half-yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 21^st day of April 1891 @ 3.30pm
E C Little Esq Chairman.
The minutes of the Committee since the last General Meeting were approved and confirmed.
It appears that the sum of £770..7..7 has been received from the 1^st day of October 1890 to the 1^st day of April 1891, and a balance brought forward of £31..8..7 from the last Half-year (after payment of dividend) making a total of £801..16..2 of which sum £528..6..10 has been applied towards payment of Wages disbursements, etc, (including the sum of £93..19..6 tonnage paid to the Thames and Severn Canal Co) and there remains in the hands of the Treasurer the sum of £273..9..4 available for Dividend.
Ordered that a Dividend of £1..5..- on each share be declared payable on the 1^st day of May next free of Income Tax carrying forward a balance of £23..9..4 to the next Half-years Account.
The sum of £541..14..11 in the hands of the Treasurer stands to the Credit of the "Reserve Fund".
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 P Little, Mr H H Mills Solicitor, Mr W J Stanton, Mr C H Hooper, Mr A J M Ball, Mr E F Gyde, Major Fisher, Mr W^m Davies, Mr Jno Howard, Sir W^m Hy Marling Bart.

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