Minutes Wed 28 Jan 1931

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Wed 28 Jan 1931

Summary

General Half Yearly Meeting. Tonnage, etc, since 1 July 1930 £519 14s. After wages, etc, balance £184 19s. 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 1931 @ 4.30 o'clock pm
M^r W R Bloxam Chairman.
It appears that the sum of £514..14..0 has been received from the 1^st day of July 1930 to the 31^st day of December 1930 and a balance brought forward of £144..13..3 from the last A/c making a total of £664..7..3 of which sum £479..8..3 has been applied towards payment of wages, disbursements, etc, and there remains in the hands of the Treasurer the sum of £184..19..0.
Ordered that no Dividend for the Half Year ending 31^st December 1930 be paid.
£500 Cape of Good Hope 3½% Inscribed Stock valued at £395 and £562 in London & North Eastern Railway Cos 4% second preference valued at £325..19..2 and £29..6..0 including 6/11 interest transferred to the Revenue A/c on Deposit at Lloyds Bank Ltd Stroud stands to the credit of the Reserve Fund making a total of £750..12..1.

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