Minutes Wed 25 Jan 1922

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Wed 25 Jan 1922

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1921 £911 2s 11d. After wages, etc, balance £467 2s 5d. Divident of 10s declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 25^th day of January 1922 @ 3.45 o'clock pm
P J E Chairman.
It appears that the sum of £911..2..11 has been received from the 1^st day of July 1921 to the 31^st day of December 1921 and a balance brought forward of £243..7..11 from last half year (after payment of Dividend) making a total of £1154..10..10 of which sum £687..8..5 has been applied towards payment of Wages, Disbursements, etc, and there remains in the hands of the Treasurer the sum of £467..2..5.
Ordered that a Dividend of £-..10^s/- per share be declared payable on the 1^st day of February next less Income Tax carrying forward a balance of £294..2..5 to the next Half Years A/c.
The sum of £7..5..6 in the hands of the Chancery Land Safe Deposit and Offices C^o Ltd and £500 in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 and £500 North British Railway C^o 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.
Resolved that the following Gentlemen be appointed to the Committee: Mr S S Marling, Mr G A Evans.

Notes

Copy of Meeting Notice (from The Citizen) pasted on page.

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