Minutes Tue 26 Apr 1892

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Tue 26 Apr 1892


General Half Yearly Meeting. Tonnage since 1 October 1891 £932 6s 10d. After wages, etc, profit £256 13s 10d. 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 26^th day of April 1892 at 3.30pm
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 £932..6..10 has been received from the 1^st day of October 1891 until the 1^st day of April 1892, and a balance brought forward of £11..12..6 from the last Half Year (after payment of Dividend) making a total of £943..19..4 of which sum £687..5..6 has been applied towards payment of wages, disbursements, etc (including a sum of £141..15..3 tonnage paid to the Thames and Severn Canal Co) and there remains in the hands of the Treasurer the sum of £256..13..10 available for Dividend.
Ordered that a Dividend of £1..5..- on each share be declared payable on the 2^nd day of May next, free of Income Tax, carrying forward a balance of £6..13..10 to the next Half-Years account.
The sum of £463..7..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 (viz):
Mr E C Little Chairman, Mr H H Mills Solicitor, Mr C H Hooper, Mr Jno Howard, Mr E F Gyde, Mr W Davies, Sir W H Marling Bart, Mr E P Little, Mr W J Stanton, Mr Ball, Major Fisher, Directors.

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