Wed 24 Jul 1940
General Half Yearly Meeting. Income from 1 January £243 8s. After wages, etc, balance £8 3s 8d. No dividend declared.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 24^h day of July 1940 @ 3.30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £243..8..0 has been received from the 1^st day of January 1940 to the 30^th day of June 1940 including a sum of £198..4..0 proceeds of sale of £200 3½% War Stock making a total of £441..12..0 of which sum £433..8..4 had been applied towards payment of Wages, Disbursements, etc, and there remains in the hands of the Treasurer the sum of £8..3..8.
Ordered that no Dividend for the Half Year ending June 1940 be paid.
£562..0..0 London and North Easter Ry 4% 2^nd Preference Stock valued at £46..15..4 and £511.19..5 3½% War Loan Stock valued at £507..19..11 stands to the credit of the Reserve Fund making a total of 554..5..3.
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, Col J R Morton Ball, M^r M Stewart, Rev G A Evans, M^r S S Marling.
