Wed 26 Jan 1938
General Half Yearly Meeting. Income from 1 July 1937 £239 19s 7d. After wages, etc, deficit of £21 19s 2d. No dividend declared.
[1938 Jany] At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 26^th day of January 1938 @ 4.30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £329..19..7 has been received from the 1^st day of July 1937 to the 31^st day of December 1937 and a balance brought forward of £139..1..8 making a total of £379..1..3 that after the sum £401..0..5 has been paid towards the payment of Wages, Disbursements, etc showing a deficit of £21..19..2.
Ordered that no Dividend for the Half Year ending Devember 1937 be paid.
£500 on Deposit at the Chancery Land Safe Deposit & Offices Company Ltd and £562 London and North Eastern Railway Company's 4% 2^nd Preference Stock valued at £143..6..2 and £29..10..10 including 4/4 Interest transferred to the Revenue A/c on Deposit at Lloyd's Bank Ltd Stroud stands to the credit of the Reserve A/c making a total of £ 673..1..4 and £450 Deposit Account and £11..17..6 Interest transferred to the Revenue A/c at the Chancery Lane Safe Deposit & Offices C^o Ltd making a total of £461..17..6.
