Minutes Thu 27 Jan 1927

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Thu 27 Jan 1927

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1926 £581 4s 7d. After wages, etc, balance £13 16s 7d. No dividend declared.
Mr F A Little and Mr G A Evans appointed to Committee.

Verbatim text

[1927 Jany] At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Wednesday the 26^th January 1927 @ 3.30 o'clock pm
M"6 J Margetson Chairman.
It appears that the sum of £581..4..7 had been received from the 1^st day of July 1926 to the 31^st day of December 1926 and a balance brought forward of £171,,19,,2 from the last account making a total of £753..3..9 of which sum £739..7..2 has been applied towards the payment of wages, disbursements, etc, & there remains in the hands of the Treasurer the sum of £13..16..7.
Ordered that No Dividend for the Half Year ending 31^st December 1926 be paid.
£500 Cape of Good Hope 3½% Inscribed Stock valued at £395 and £562 in London & North Eastern Railway C^o second preference valued at £325..19..2 and £368..4..0 on Deposit at Lloyds Bank Ltd Stroud stand to the credit of the Reserve Fund making a total of £1089..3..2. [751..16..2 The sum of £339..5..0 having been transf to Rev a/c.]
It was Resolved that M^r F A Little and M^r G A Evans be appointed to the Committee.

Notes

Values relating to movement of funds into the Revenue account added in note after the Reserve Fund total,
"751..16..2 The sum of £339..5..0 having been transf to Rev a/c" do not add up correctly.

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