Minutes Wed 20 Apr 1910

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Wed 20 Apr 1910

Summary

General Half Yearly Meeting. Tonnage since 1 October 1909 £715 8s 8d. After wages, etc, balance £494 8s 6d. Dividend of £1 2s 6d declared.
Reserve Fund balance £633 6s 1d.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 20^th day of April 1910 @ 4 o'clock pm
Philip Jas Evans Chairman.
It appears that the sum of £715..8..8 has been received from the 1^sd day of October 1909 to the 31^st day of Mch 1910 and a balance brought forward of £286..9..2 from the last Half Year (after payment of Dividend) making a total of £1000..17..10 of which sum £507..9..4 has been applied towards payment of Wages, disbursements, etc, (including a sum of £150..- paid towards the deficit of the Revenue of the Themas and Severn Canal, "Act 1895") and there remains in the hands of the Treasurer the sum of £494..8..6.
Ordered that a Dividend of £1..2..6 per share be declared payable on the 2^nd day of May next free of Income Tax carrying forward a balance of £269..8..6 to next Half Years accounts.
The sum of £113..5..1 in the hands of the Chancery Lane Safe Deposit & Offices C^o 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 £633..6..1,
It was resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed:
Mr H Hamilton Mills, Sir W H Marling Bart, Mr W H Stanton, Mr W Davies, Mr E P Little, Mr S S Marling, Mr F A Little, Mr F S Whittingham, Mr A J Morton Ball, Mr J R Morton Ball, Mr P J Evans.

Notes

Copy of Meeting Notice pasted on page.

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