Minutes Wed 21 Oct 1914

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Wed 21 Oct 1914

Summary

General Half Yearly Meeting. Tonnage since 1 April £758 19s 10d. After wages, etc, balance £522 19s 8d. Dividend of £1 declared.
Reserve Fund balance £1233 3s 5d

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 21^st day of October 1914 @ 4 o'clock pm
Chairman.
It appears that the sum of £667..1..0 has been received from the 1^st day of April until the 1^st day of October 1914 and a balance brought forward of £263,..14..2 from the last Half Years A/c (after payment of Dividend) making a total of £930..15..2 of which sum £407..15..6 has been applied towards payment of wages disbursements, etc, and there remains in the hands of the Treasurer a sum of £522..19..8.
Ordered that a Dividend of £1..0..0 on each share be declared payable on the 1^st day of November 1914 free of Income Tax carrying forward a balance of £322..19..8 to the next Half Years Account.
The sum of £123..12..11 in the hands of the Chancery Lane Safe Deposit and Offices C^o Ltd, and £5000..- in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 and £500..- North British Railway Cos 4½% Convertible Preference Stock costing £589..9..6 stands to the credit of the Reserve Fund making a toal of £1233..3..5.

Notes

Copy of Meeting notice pasted on page.

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