Minutes Wed 25 Jul 1923

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Wed 25 Jul 1923

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 January £657 11s 7d. After wages, etc, balance £68 4s 6d. No dividend 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 July 1923 @ 3.30 o'clock pm
Chairman M^r J Margetson.
It appears that the sum of £657..11.7 has been received from the 1^st day of January 1923 to the 30^th day of June 1923 and a balance brought forward of £504..9..1 from the last account making a total of £1162..0..8 of which sum £1093..16,,2 has been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the of £68..4..6.
Ordered that NO Dividend be paid for the Half Year ending June 30 be paid.
£500..- in Cape of Good Hope 3½% Inscribed Stock costing £520..1..- and £500 North British Railway Cos 4½% Convertible Preference 1875 costing £589..9..6 and £250..- 5% War Stock costing £234..6..10 stand to the credit of the Reserve Fund making a total of £1343..17..4.
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, Mr W R Bloxam, Mr W Davies, Mr E P Little, Mr F A Little, Major R J Caruthers-Little, Mr J Margetson, Col S S Marling, Mr G A Evans, Mr H R Hooper.

Notes

Copy of meeting notice pasted on page.

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