Tue 20 Apr 1897
General Half Yearly Meeting.
General Half Yearly Meeting. Tonnage since 1 October 1896 £938 6s 9d. After wages, etc, profit £552 7s 1d. Dividend of £2 declared.
At a General Half-Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Tuesday the 20^th day of April 1897 at 3.30pm
Mr C H Hooper Chairman.
The Minutes of the Committee since the last General Meeting were approved and confirmed.
It appears that the sum of £938..6..9 has been received from the 1^st day of October 1896 until the 1^st day of April 1897 and a balance brought forward of £139..8..4 from the last Half-Years Account (after payment of Dividend) making a total of £1077..15..1 of which sum £525..8..0 has been applied towards payment of Wages Disbursements, etc (including a sum of £87..19..6 paid towards the deficit of the Revenue of the Thames and Severn Canal Trust under the Trust Act 1895) and there remains in the hands of the Treasurer the sum of £552..7..6 available for Dividend.
Ordered that a Dividend of £2..0..0 on each Share be declared payable on the 1^st day of May next free of Income Tax, carrying forward a balance of £152..7..1 to the next Half-Years Account.
The sum of £478..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 C H Hooper Chairman, Mr H Hamilton Mills Solicitor, Mr W J Stanton Member of Committee, Mr A J M Ball Member of Committee, Mr A B Hooper Member of Committee, Mr W Davies Member of Committee, Mr E P Little Member of Committee, Sir W H Marling Bart Member of Committee, Mr E C Little Member of Committee, Mr S S Marling Member of Committee. Major Fisher Member of Committee.
