Wed 19 Jul 1922
General Half Yearly Meeting. Tonnage, etc, since 1 January £1060 19s 2d. After wages, etc, balance £485 8s 11d. Dividend of 10s declared.
Regret at resignation of Mr P J Little as Chairman, and deep appreciation of his 13 years of service.
At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 19^th day of Jul 1922 @ 3.45 o'clock pm
Mr J Margetson Chairman.
It appears that the sum of £1060..19..2 has been received from the 1^st day of January 1922 to the 30^th day of June 1922 and a balance brought forward of £392..2..5 from last half year (after payment of Dividend) making a total of £1458..1..7 of which sum £972..12..8 has been applied towards payment of wages, disbursements, etc, (including a sum of £150..- paid towards the deficit in Revenue of the Thames and Severn Canal, Act 1895) and there remains in the hands of the Treasurer the sum of £485..8..11.
Ordered that a Dividend of £ 10/- per share be declared payable on the 1^st August next less Income Tax carrying forward a balance of £412..18..11 to the next 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 C^os 4½% Convertible Preference 1875 costing £289..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:
Col J R Morton Ball, M^r W R Bloxam, M^r W Davies, Mr P J Evans,, M^r E P Little, M^r F A Little, Major R J Caruthers-Little, M^r J Margetson, Col S S Marling, M^r G A Evans.
It was proposed by M^r P J Evans and seconded by M^r W Davies and carried that M^R J Margetson be appointed Chairman of the Committee.
It was proposed by Mr Margeton and seconded by Mr Little and unanimously adopted by the Meeting that in the Minutes of this General Meeting a record be made of the great regret of the Company in the resignation of its Chairman, M^R P J Evans, and its deep appreciation of the services he had rendered it, during the 13 years he had occupied the Chair.
