Minutes Wed 27 Jan 1937

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Wed 27 Jan 1937


General Half Yearly Meeting. Income from 1 July 1936 £299 3s 3d (and £500 from from redemption of shares). After wages, etc, balance £183 11s 7d. No dividend declared.
£700 placed on deposit for Reserve Account.

Verbatim text

A a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on the 27^th day of January 1937 at 4.30 o'clock pm
W R Bloxam Chairman.
It appears that the sum of £7999..3..3 (including the sum of £500 Redemption of £500 Cape of Good Hope Stock) has been received from the 1^st day of July 1936 to the 31^st day of December 1936 and a balance brought forward of £409..0..8 making a total of £1298..3..11 of which sum £324..12..4 has been applied towards payment of Wages, Disbursements, etc, and £700..0..0 placed on deposit at the Chancery Lane Safe Deposit & Offices Ltd, Chancery Lane, London, and there remains in the hands of the Treasurer the sum of £183..11.7.
Ordered that no Dividend for the Half Year ending December 1936 be paid.
£500 on Deposit at the Chancery Lane Safe Deposit & Offices Company Ltd, London and £562 London & North Eastern Railway Company 4% 2^nd preference Stock valued at £157..7..2 and £29..10.10 including 4/4 Interest transferred to the Revenue Account on Deposit at Lloyds Bank Ltd, Stroud stands to the credit of the Reserve Account making a total o £687..2..4.

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