Minutes Wed 22 Jul 1936

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Wed 22 Jul 1936

Summary

General Half Yearly Meeting. Income 1 January £303 4s 11d (and £295 from fire insurance). After wages, etc, balance £409 0s 8d. No dividend declared.

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 July 1936 @ 4 o'clock pm
Chairman.
It appears that the sum of £303..4..11 and £295 compensation for loss by fire has been received from the 1^st day of January 1936 to the 30^th day of June 1936 and a balance brought forward of £146.;3.:9 making a total of £744..8..8 - of which sum £335..8..0 has been applied towards payment of wages, Disbursements. etc. and there remains in the hands of the Treasurer the sum of £409..0..8.
Ordered that no Dividend for the Half Year ending June 1936 be paid..
£500:- Cape of Good Hope Inscribed Stock valued at £500 and £562 London and North Eastern Railway Company's 4% Second preference Stock valued at £132..1..4 and £29..10..10 including 4/4 Interest transferred to Revenue A/c on Deposit at Lloyds Bank Ltd Stroud stands to the Credit of the Reserve A/c making a total of £661..16:..6 and £255..14..7 Deposit Account and accrued Interest at the Chancery Lane Safe Deposit & Offices Company Ltd. London. Resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed: M^r W R Bloxam Chairman, M^r H R \hooper. Major R J Carruthers Little, M^r G A Evans, M^r M Sterwart, Col. J R Morton Ball, M^r S S Marling.

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