Minutes Wed 27 Jan 1926

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Wed 27 Jan 1926

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1925 £799 1s 11d. After wages, etc, balance £332 10s 8d. No dividend declared.
Mr G E Evans to be appointed to Committee.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 27^th January 1926 @ 3.30 o'clock pm
M^r J Margetson Chairman.
It appears that the sum of £799..1..11 has been received from the 1^st day of July 1925 to the 31^st day of December 1925 and a balance brought forward of £2533..2..7 from the last account making a total of £1052..4..6 of which sum £719..13..10 has been applied toward payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £332..10..8.
Ordered that NO Dividend for the Half Year ending December 1925 be paid.
£500 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 and £487..9..6 proceeds of sale of Ship Inn to Messrs Lee Bros Ltd stands to the credit of the Reserve Fund making a total of £1597.
It was Resolved that M^r G C Evans be appointed to the Committee.
[The Com^tte is formed at the General Meeting held in July.]

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