Minutes Wed 22 Jul 1942

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Wed 22 Jul 1942

Summary

General Half Yearly Meeting. Income from 1 January £330 10s 11d. After wages, etc, balance £63 3s 3d. 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 July 1942 @ 3.30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £330..10..11 has been received from the 1^st day of January 1942 to the 30^th day of June 1943, and a balance brought forward of £51..12..11 making a total of £382..3..10 of which sum £319..0..7 has been applied towards payment of Wages, Disbursements, etc ,and there remains in the hands of the Treasurer the sum of £63..3..3.
Ordered that no Dividend for the Half Year ending June 1942 be paid.
£562 London and North Eastern Railway 2^nd Preference Stock valued at £56..4.0 and £511..19..5 3½% War Loan Stock valued at £526..11..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;
Mr W R Bloxam Chairman, Mr H R Hooper, Major R J Caruthers Little, Col J R Morton Ball, M^r G W Morton Ball, M^r G A Evans, M^r M Stewart.

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