Minutes Tue 25 Oct 1892

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Tue 25 Oct 1892


General Half Yearly Meeting. Tonnage since 1 April £901 12s. After wages, etc, profit £322 18s 2d. Dividend of £1 10s declared.

Verbatim text

At a General Half-yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 25^th day of October 1892 @ 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 £901..12..- has been received from the 1^st day of April 1892 to the 1^st day of October 1892 and a balance brought forward from last Half-year (after payment of Dividend) of £6..13..10 making a total of £909..5..10 of which sum £585..7..8 has been applied towards payment of wages, disbursement, etc, (including a sum of £132,.19..1 tonnage paid to the Thames & Severn Canal Co) and there remains in the hands of the Treasurer the sum of £322.18..2 available for Dividend.
Ordered that a Dividend of £1..10..- on each Share be declared payable on the 1^st day of November next free of Income Tax, carrying forward a balance of £22..18..2 to the next Half years Account.
The sum of £471..19..2 in the hands of the Treasurer Stands to the Credit of the "Reserve Fund A/c".

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