Minutes Thu 29 Jul 1920

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Thu 29 Jul 1920

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 January £1154 9s 11d. After wages, etc, balance £232 1s 9d. Dividend of £1 declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of he Stroudwater Navigation held at Wallbridge on Thursday the 29^th day of July 1920 @ 3.45 o'clock pm
Chairman.
It appears that the sum of £1154..9..11 has been received from the 1^st day of January 1920 to the 30^th June 1920 and a balance brought forward of £89..16..9 from the last account (after payment of Dividend) making a total of £1244..6..8 of which a sum of £1012..4..11 has been applied toward payment of Wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £232..1..9.
Ordered that a Dividend of £1..0..0 per share less Income Tax be declared payable on the 1^st day of August carrying forward a balance of £92..1..9 to the next Half Years A/c,
The sum of £7..5..6 in the hands of the Chancery Lane Safe Deposit & Offices C^o Ltd and £500 in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 and £500 North British Railway Cos 4½% Convertible Preference 1875 costing £589..9..6 and £250 5% War Stock costing £234..6..10 stands to the credit of the Reserve Fund making a total of £1351..2..10.
It was Resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed, viz: Mr A J Morton Ball, Co^l J R Morton Ball, M^r W R Bloxam, M^r W Davies, M^r P J Evans (Chairman), M^r E P Little, M^r F A Little, Major R J Caruthers-Little, M^r J Margetson, Mr S S Marling.

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