Minutes Wed 26 Jan 1921

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Wed 26 Jan 1921

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1920 £1404 11s 11d. After wages, etc, balance £394 3s 2d. Divident of £1 declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 26^th day of January 1921 @ 3.45 o'clock pm
P J E Chairman.
It appears that the sum of £1404..11.11 has been received from the 1^st day of July 1920 to the 31^st day of December 1920 and a balance brought forward of £92..1..9 from the last account (after payment of Dividend) making a total of £1496..13..8 of which sum £1102..10..6 has been applied towards payment of wages disbursements, etc, and there remains in the hands of the Treasurer the sum of £394..3..2.
Ordered that a Dividend of £1..0..0 per share less Income Tax be declared payable on the 1^st day of February carrying forward a balance of £254..3..2 to the nest Half Years Account.
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.

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