Minutes Wed 25 Jan 1922

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Wed 25 Jan 1922

Summary

Repairs to swing bridge at Stonehouse completed. Messrs Vowles & Son Ltd to be requested to pay half cost.
Tolls on through traffic to the T&S Canal for year ended 30 September 1921 £395 9s 10d. £299 7s 5d average of last three years. Average ended September 1894, £449 4s 1s. Decrease of £149 16s 8d, so no payment required. Contribution of £150 towards T&S accounts now due.
Proposal for re-appointment of Mr S S Marling, membership lapsed, and appointment of Mr G A Evans to Committee.

Verbatim text

[1922 Jany] Committee Meeting held at Wallbridge on Wednesday the 25^th day of January 1922 @ 3.20 o'clock pm
Present: F A Little, W R Bloxam, Gd Evans, R J C Little.
Swing Bridge at Stonehouse - repairs completed - Messrs Vowles & Sons Ltd will be asked to pay half cost of same.
The Clerk produded Statement of Account and Balance Sheet of the Thames and Severn Canal for the year ended September 1921.
The amount of tolls received by this Company in respect of through traffic over the Stroudwater Navigation to and from the Thames and Severn Canal for the year ended 30^th September 1921 has been ascertained in compliance with Sec 43 of the Thames and Severn Canal Trust Act 1895.
It appeared that £395..9..10 was the amount of such through traffic for that year and £299..7..5 the average of the three years last past. The latter figure compared with the average of the three years ended September 1894 (£449..4..1) shewed a decrease of £149..16..8 and therefore no payment due under the Sec 46 Thames and Severn Canal Trust Act 1895.
The contribution of £150..- under Sec 44 of the Thames and Severn Canal Trust Act 1895 towards the deficit in the accounts of that Canal for the year ended 30^th September 1921 is now due to the Gloucestershire County Council.
The Accounts for the Half Year ending 31^st December 1921 were examined and agreed to and it was decided to recommend a Dividend of 10/- per share less Tax.
The Committee agreed to recommend the re-appointment of Mr S S Marling whose membership had lapsed and the appointment of Mr G A Evans to the Committee.

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