Minutes Wed 23 Jul 1924

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Wed 23 Jul 1924

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 January £893 7s 6d. After wages, etc, balance £207 7s 5d. No dividend declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 23^rd July 1924 @ 3 o'clock pm
M^r J Margetson Chairman.
It appears that the sum of £893..7..6 has been received from the 1^st day of January 1924 to the 30^th June 1924 and a balance brought forward of £212..4..8 from the last account making a total of £1105..12..2 of which sum £898..4..9 had been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £207..7..5.
Ordered that NO Dividend for the Half year ending June 1924 be paid.
£500 in Cape of Good Hope 3½% Inscribed Stock costing £520..1..0 and £562 in London and North Eastern Railway C^os 4% second preference Stock costing £589..9..6 stands to the credit of the Reserve Fund making a total of £1109..10..6.
It was Resolved that the following Gentlemen for the Committee for the year next following or until another Committee be appointed:
[Act of Pars: Committee not to exceed 13, nor less than 9] Mr W R Bloxam, Mr 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, M^r H R Hooper, M^r J H Morton Ball.

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