Wed 19 Apr 1916
General Half Yearly Meeting. Tonnage since 1 October 1915 £638 16s 1d. After wages, etc, balance £345 2s 5d. Dividend of 15s declared.
Reserve Fund balance £1269 19s.
[1916 April] At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 19^th day of April 1916 @ 4 o'clock pm
Philip Jas Evans Chairman.
It appears that the sum of £638..16..1 has been received from the 1^st day of October 1915 to the 31^st day of March 1916 and a balance brought forward of £274..15..6 from last Half-Years A/c (after payment of Dividend) making a total of £913..11..7 of which sum £568..9..2 has been applied towards the payment of Wages disbursements, etc, (including the sum of £150..- paid towards the deficit of Revenue of the Thames and Severn Canal - Act 1895) and there remains in the hands of the Treasurer the sum of £345..2..5.
Ordered that a Dividend of £-15/- per share be declared payable on the 1^st day of May next free of Income Tax carrying forward a balance of £195..2..5 to the next Half Years A/c.
The sum of £63..11..9 in the hands of the Chancery Lane Safe Deposit and Offices C^o Ltd and £500..- Cape of Good Hope 3½% Inscribed Stock costing £510..1..0 and £500..- North British Railway 4½% Convertible Preference Stock 1875 costing £589..9..6 and £100..- War Loan 4½% Inscribed Stock 1925-1945 costing £96..16..9 stands to the credit of the Reserve Fund making a total of £1296..19..0.
It was proposed by Mr F A Little and seconded by Mr E P Little that the present Committee be re-elected.
It was accordingly unanimously resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed:
Mr A J Morton Ball, Major J R Morton Ball, Mr W Davies, Mr P J Evans (Chairman), Mr E P Little, Mr F A Little, Capt R J Caruthers-Little, Mr J Margetson, Sir W H Marling Bart, Mr S S Marling, Mr F S Whittingham.
