Minutes Wed 23 Jul 1941

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Wed 23 Jul 1941

Summary

General Half Yearly Meeting. Income from 1 January £310 10s 3d. After wages, etc, deficit of £16 3s 4d. No dividend declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 23^rd day of July 1941 @ 3,30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £310..10..3 has been received from the 1^sr day of January 1941 to the 30^th June 1941 and a balance brought forward of £105,,6,,5 making a total of £415..16.8 of which sum £432,,0,,0 has been applied towards payment of wages, disbursements, etc, shewing a deficit of £16..3..4.
Ordered that no Dividend for the Half Year ending June 1941 be paid.
£562 London & North Eastern Railway Cos 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.
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, Col J R Morton Ball, Mr G W Morton Ball, Mr M Steward, Mr G A Evans, M^r S S Malring, Major R J Caruthers-Little.

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