Minutes Tue 18 Oct 1904

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Tue 18 Oct 1904


General Half Yearly Meeting. After a statement of accounts, a dividend of £1 10s per share was declared.

Verbatim text

[1904 Oct.] At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at their Office at Wallbridge on Tuesday the 18^th day of October 1904@ 3.30 pm
Mr C H Hooper Chairman.
It appears that the sum of £747..12..9 has been received from the 1^st day of April 1904 to the 1^st day of October 1904 and a balance brought forward from last Half Year (after payment of Dividend) of £47..10..11 making a total of £705..3..8 of which sum £339..15..6 has been applied towards payment of wages, disbursements etc. and there remains in the hands of the Treasurer the sum of £455..8..2 available for Dividend.
[GEN. MTG.] Ordered that a Dividend of £1..10..0 on each share be declared payable on the 1^st day of November next free on Income Tax carrying forward a balance of £155..8..2 to next Half Years Account.
The sum of £42.18..0 in the hands of the Chancery Lane Safe Deposit and Offices C^o Ltd. and £500 Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 stands to the credit of the Reserve Fund making a total of £562..19..0.

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