Minutes Thu 23 Apr 1896

< >

Thu 23 Apr 1896


General Half Yearly Meeting. Tonnage since 1 October 1895 £987 4s 2d. After wages, etc, profit £605 18s . Dividend of £2 5s declared.

Verbatim text

At a General Half-yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 23^rd day of April 1896 at 3.30pm
E Caruthers Little Chairman.
The Minutes of the Committee since the last General Meeting were approved and confirmed.
It appears that the sum of £987..4..2 has been received from the 1^st day of October 1895 to the 1^st day of April 1896 and a balance brought forward of £103..5..2 from last Half-year (after payment of Dividend) making a total of £1090..9..4 of which sum £484..11..4 has been applied towards payment of Wages disbursements, etc, and there remains in the hands of the Treasurer the sum of £605..18..- avaible for Dividend,
Ordered that a Dividend of £2..5..- on each share be declared payable on the 1^st day of May next free on Income Tax, carrying forward a balance of £155..18..- to the next Half-years Account.
The sum of £475..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 be appointed:
Mr E C Little Chairman, Mr H H Mills Solicitor, Mr C H Hooper Director, Mr W Davies Director, Sir W H Marling Bart Director, Mr E P Little Director, Major C H Fisher Director, Mr A B Hooper Director, Mr A J M Ball Director, Mr S S Marling Director, Mr W J Stanton Director.

< >