Minutes Wed 20 Oct 1915

< >

Wed 20 Oct 1915

Summary

General Half Yearly Meeting. Tonnage since 1 April £645 14s 10d. After wages, etc, balance £4024 15s 6d. Dividend of 15s declared.

Verbatim text

[1915 October] At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 20^th day of October 1915 @ 4 o'clock pm
Philip Jas Evans Chairman.
It appears that the sum of £645..14..10 had been received from the 1^st day of April until the 1^st day of October 1915 and a balance brought forward of £208..5..2 from the last Half Years A/cs (after payment of Dividend) making a total of £854..0..0 of which sum £429..4..6 has been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer a sum of £424..15..6.
Ordered that a Dividend of £-..15/- on each share be declared payable on the 1^st day of November 1915 free of Income Tax carrying forward a balance of £274..15..6 to the next Half Years A/c.
The sum of "148..9..11 in the hands of the Chancery Land 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 Cos 4½% Convertible Preference Stock costing £589..9..6 stands to the credit of the Reserve Fund making a total of £1258..0..5.

< >