Minutes Wed 25 Apr 1906

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Wed 25 Apr 1906


General Half Yearly Meeting. Income since 1 October 1905 £753 1s 5d. After wages, etc, balance £326 16s 7d. Dividend of £1 7s 6d declared.
Reserve Fund £574 15s 11d.
Committee for next year announced.

Verbatim text

[1906 Gen Mtg April] At a General Half-Yearly Meeting of the Proprietors of the Stroudwater Navigation held at their office at Wallbridge on Wednesday the 25^th day of April 1906 @ 4.45pm,
Charles H Hooper, Chairman.
It appears that the sum of £753..1..5 has been received from the 1^st day of October 1905 to the 1^st day of April 1906, and a balance brought forward of £118..15..8 from last Half Year (after payment of Dividend) making a total of £871..17..1 of which sum £545..0..6 has been applied towards payment of wages, disbursements etc (including a sum of £150..- paid towards the deficit of the Revenue of the Thames and Severn Canal, Act 1895) and there remains in the hands of the Treasurer the sum of £326..16..7 available for the Dividend.
[GEN MTG] Ordered that a Dividend of £1..7:..6 per share be declared payable on the 1^st day of May next free of Income Tax carrying forward a balance of £26..16..7 to the next Half Year's Accounts.
The sum of £54..14..11 in the hands of the Chancery Lane Safe Deposit and Offices Company Ltd and £500 in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 stands to the credit of the Reserve Fund making a total of £574..15..11.
It was resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed viz:
Mr C H Hooper Chairman, Mr H Hamilton Mills Vice-Chairman, Sir W H Marling Bart, Mr P J Evans, Mr W Davies, Mr E P Little, Mr F A Little, Mr A J M Ball, Mr W J Stanton, Mr S S Marling, Mr A B Hooper.

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