Minutes Wed 28 Jan 1925

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Wed 28 Jan 1925

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1924 £736 10s 5d. After wages, etc, balance £142 7s 2d. No dividend declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 28^th day of January 1925 @ 3.30 o'clock pm
Mr J Margetson Chairman.
It appears that the sum of £736..10..5 has been received from the 1^st day of July 1924 to the 31^st day of December 1924 and a balance brought forward of £207..7..5 from the last account making a total of £943..17..10 of which sum £801..10..8 has been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £142..7..2.
Ordered that no Dividend for the Half-Year ending December 1924 be paid.
£500..- in Cape of Good Hope 3½% Inscribed Stock costing 520..1..0 and £562 in London and North Eastern Railway Cos 4% second preference Stock costing £589..9..6 stands to the credit of the Reserve Fund making a total of £1109..10..6.

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