Minutes Thu 25 Jul 1929

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Thu 25 Jul 1929

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 January £676 1s. After wages, etc, balance £75 15s 5d. No dividend declared.

Verbatim text

At a General Half Yearly Meeting of the Proprietors of the Stroudwater Navigation held at Wallbridge on Thursday the 25^th day of July 1929 @ 3.30 o'clock pm
M^r John Magetson Chairman.
It appears that the sum of £676..1..0 has been received from the 1^st day of January 1929 to the 30^th day of June 1929 and a balance brought forward of £21..14.9 from the last Account making a total of £697..15..9 of which sum £622..15..9 has been applied towards payment of Wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £75..15..5,
Ordered that NO Dividend for the Half Year ending June 1929 be paid.
£500 Cape of Good Hope 3½% Inscribed Stock valued at £395..0..0 and £562 in London & North Eastern Railway Cos 4% second preference valued at £325..19..2 and £29..12..11 including 7/- Interest transferred to Revenue Account, on Deposit at Lloyds Bank Ltd, Stroud, stands to the credit of the Reserve Fund making a total of £750..12..1.
It was Resolved that the following Gentlemen form the Committee for the year next following or until another Committee be appointed:
Col J R Morton Ball, M^r G A Evans, M^r H R Hooper, Major J R Caruthers-Little, M^r E P Little, M^r W R Bloxam, M^r J Margetson, M^r S S Marling, M^r W G Downing (subject to qualification)

Notes

Notice of meeting pasted onto page.

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