Wed 25 Jan 1939
General Half Yearly Meeting. Income from 1 July 1938 £354 17s 10d. After wages, etc, balance £110 14s 9d. No dividend declared.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 15^th day of January 1939 @ 4.30 o'clock pm
W R Bloxam Chairman
It appears that the sum of £354..17..10 (including £10 sale of land at Dudbridge) has been received from the 1^st day of July 1938 to the 31^st day of December 1938 and a balance brought forward of £152..1..3 making a total of £506..19..1 of which sum £396..4..4 had been applied towards payment of wages Disbursements, etc, and there remains in the hands of the Treasurer the sum of £110..144.9.
Ordered that no Dividend for the Half Year ending December 1938 be paid.
£562 London & North Eastern Railway Company 4% 2^nd Preference Stock valued at £56,,4,,0 and £511..19..5 3½% War Loan Stock valued at £500.9..0 stands to the credit of the Reserve Fund making a total of £556..13..0.
(? £488..0..7 3½% War Loan Stock valued at £477..1..0 stands to the credit of the Revenue A/c in General Balance Sheet.)
