Minutes Tue 25 Apr 1893

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Tue 25 Apr 1893


General Half Yearly Meeting. Tonnage since 1 October 1892 £900 14s 3d. After wages, etc, profit £350 12s 6d. Dividend of £1 12s 6d declared.

Verbatim text

At a General Half-yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 15^th day of April 1893 @ 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 £900..14..3 has been received from the 1^st day of October 1892 to the 1^st day of April 1893 and a balance brought forward of £22..18..2 from last Half-year (after payment of Dividend) making a total of £923..12..5 of which sum £572..19..11 has been applied toward payment of wages disbursement, etc, (including a sum of £127..12..9 tonnage paid to the Thames & Severn Canal Co) and there remains in the hands of the Treasurer the sum of £350..12..6 available for Dividend.
Ordered that a Dividend of £1..12..6 on each share be declared payable on the 1^st day of May next, free of Income Tax, carrying forward a balance of £25..12..6 to the next Half-years account.
The sum of £466..7..11 in the hands of the Treasurer stands to the Credit of the Reserve Fund.
Resoled that the following Gentlemen form the Committee for the year next following or until another Committee shall be appointed:
Mr E C Little Chairman, Major C H Fisher, Mr H H Mills Solicitor, Mr A J M Ball, Mr C H Hooper Director, Mr E F Gyde, Mr John Howard Director, Mr W^w Davies Director, Sir W H Marling Director. Mr E P Little Director, Mr W J Stanton Director.

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