Minutes Wed 22 Oct 1913

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Wed 22 Oct 1913

Summary

General Half Yearly Meeting. Tonnage since 1 April £732 12s 5d. After wages, etc, balance £510 17s 3d. Dividend of £1 declared.
Reserve Fund balance £1207 18s 1d.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 22^nd day of October 1913 @ 4 o'clock pm
Mr P J Evans Chairman.
It appears that the sum of £732..12..5 has been received from the 1^st day of April until the 1^st day of October 1913 and a balance brought forward of £216..11..5 from the last Half Year (after payment of Dividend) making a total of £949..3..10 of which sum £438..6..7 has been applied towards payment of wages disbursements, etc, and there remains in the hands of the Treasurer a sum of £510..17..3.
Ordered that a Dividend of £1..0..0 on each share be declared payable on the 1^st day of November 1913 free of Income Tax carrying forward a balance of £310..17..3 to the next Half Years Account.
The sum of £98..7..7 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 and £500 North British Railway C^os 4½% Convertible Preference 1875 costing £589..9..6 stands to the credit of the Reserve Fund making a total of £1207..18..1.

Notes

Copy of Meeting Notice pasted on page.

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