Wed 24 Jan 1940
General Half Yearly Meeting. Income from 1 July 1939 £282 13s 1d. After wages, etc, deficit of £56 1s 3d. No dividend declared.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 24^th day of January 1940 @ 3.30 o'clock pm
W R Bloxam Chairman.
It appears that the sum of £282..13..1 has been received from the 1^st day of July 1939 to the 31^st day of December 1939 and a balance brought forward of £22..13..5 making a total of £305..6..6 that the sum of £361..7..9 had been applied towards payment of Wages, Disbursements, etc, showing a deficit of £56..1..3.
Ordered that no Dividend for the Half Year ending December 1939 be paid.
£562..0..0 London and North Eastern Railway Company 4% 2^nd Preference Stock valued at £70..5..0 and £511.19..5 3½ War Loan Stock valued at £476..3..2 stands to the credit of the Reserve Fund making a total of £546..8..2.
