Wed 28 Jan 1942
General Half Yearly Meeting. Income from 1 July 1941 £294 8s 6d. After wages, etc, balance £51 12s 11d. No dividend declared.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 28^th day of January 1942 @ 3.30 o'clock pm
Chairman: Henry R Hooper.
It appears that the sum of £294..8..6 has been received from the 1^st day of July 1941 to the 31^st day of December 1941, including a sum of £207..16..6 proceeds of sale of £200 3½% War Stock making a total of £502,,5,,0 of which sum £450..12..1 has been applied towards payment of Wages, Disbursements, etc, and there remains in the hands of the Treasurer £51..12..11.
Ordered that no Dividend for the Half Year ending December 1941 be paid.
£562 London & North Eastern Railway Company 4% 2^nd Preference Stock valued at £56..4..0 and £510..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.
* £400 of the War Loan Stock has been sold to keep the Current Account in credit, but is still recorded as being to the credit of the Reserve Fund.
