Minutes Wed 23 Jan 1924

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Wed 23 Jan 1924

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1923 £1175 2s 2d. After wages, etc, balance £212 4s 8d. No dividend declared.

Verbatim text

At a General Half Yearly meeting of the Proprietors fo the Stroudwater Navigation held at Wallbridge on Wednesday the 23^rd day of January 1924 @ 3.30pm
M^r J Margetson Chairman.
It appears that the sum of £1175..2..2 has been received from the 1^st day of July 1923 to the 31^st day of December 1923 and a balance brought forward of £68..4..6 from the last Account making a total of £1243..6..8 of which sum £1032..2..0 has been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £212..4..8.
Ordered that NO Dividend for the Half Year ending December 31 be paid.
£500 in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 and £568 in London and North Eastern Railway C^os 4% second preference Stock costing £289..9..6 stands to the credit of the Reserve Fund making a total of £1109..10..6.

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