Minutes Wed 23 Jul 1930

< >

Wed 23 Jul 1930

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 January £553 9s 1d. After wages, etc, balance £144 13s 3d. 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 day of July 1930 @ 4.30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £553..9..1 had been received from the 1^st day of January 1930 to the 30^th day of June 1930 and a balance brought forward of £159..11.10 from the last Account making a total of £713..0..11 of which sum £568..7..8 has been applied towards payment of Wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £144..13..3.
Ordered that no Dividend for the Half Year ending June 1930 be paid.
£500 Cape of Good Hope 3½ Inscribed Stock valued at £395 and £562 London and North Eastern Railway Company 4% 2^nd Preference Stock valued at £325..19..2 and £29..12..11 including 7^s/- Interest transferred to Revenue A/c, on Deposit at Lloyds Bank Ltd, Stroud stands to the credit of the Reserve A/c. 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.
Mr W R Bloxam - Chairman, Col J R Morton Ball. M^r G A Evans, M^r H R Hooper, Major R J Caruthers-Little, M^r E P Little, M^r J Margetson, Col S S Marling.

Notes

NB Act of Parliament calls for a minimum of 9 Directors.

< >