Minutes Wed 22 Jan 1941

< >

Wed 22 Jan 1941

Summary

General Half Yearly Meeting. Income from 1 June 1940 £603 8s 7d. After wages, etc, balance £105 6s 5d. No dividend declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 22^nd day of January 1941 @ 3.30 o'clock pm
Mr W R Bloxam Chairman.
It appears that the sum of £603..8..7 has been received from the 1^st day of July 1940 to the 31^st day of December 1960 and a balance brought forward of £8..3..8 making a total of £611..12..3 of which sum £506..5..10 has been applied towards payment of Wages, Disbursements, etc, and there remains in the hands of the Treasurer the sum of £105..6..5.
Ordered that no Dividend for the Half Year ending December 1940 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 £526..1..0 stands to the credit of the Reserve Fund making a total of £582..5..0.

< >