Minutes Wed 28 Jul 1937

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Wed 28 Jul 1937

Summary

General Half Yearly Meeting. Income 1 January £280 12s 9d. After wages, etc, balance £139 1s 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 28^th day of July 1937 @ 4,30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £280..12..9 has been received from the 1^st day of January 1937 to the 30^th day of June 1937 and a balance brought forward of £183..11..7 making a total of £464..4..4 of which sum £325..2..8 had been applied towards the payment of wages, Disbursements, etc, and there remains in the hands of the Treasurer the sum of £139..1..8.
Ordered that no Dividend for the Half Year ending June 1937 be paid.
£500 on Deposit at the Chancery Lane Safe Deposit & Offices C^o Ltd, London and £562..0..0 London and North Eastern Railway Company 4% 2^nd Preference Stock valued at £140..10..0 and £29..10..10 including 4^s/4^d Interest transferred to the Revenue A/c on Deposit at Lloyds Bank Ltd, Stroud stands to the credit of the Reserve Account making a total of £67..5..2 and £450..0..0 Deposit Account paid £11..19..5 Interest transferred to the Revenue A/c, at the Chancery Lane Safe Deposit & Offices C^o Ltd, London, making a total of £461..19..5.
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 Caruthers-Little, M^r M Stewart, Col J R Morton Ball, M^r G A Evans.

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