274 [Meeting held at Exchange Hotel, L'pool, Tuesday, 4th May, 1937] Present:- Messrs W. C. Cuff (Chair), E. Green, A. Coffey, J. Sharp, Dr. C. S. Baxter, G. Evans, T. Percy & Secy. Minutes of Meetings held on the 27th Apl. & 1st inst. were read & confirmed. Finance Receipts were reported:- Gate v Oldham Ath. Res. £30.10.8 Grimsby Town F. C. 20% £70.13.9 Barker & Dobson's Ltd. Sweetmeat Rights £35.0.0 Danish Football Combination 50% Guarantee £400.0.0 Cheques were signed:- Football League Ltd. Insurance Players on Tour £33.0.0 Dr. W. T. Davies Medical Fees £126.0.0 Theo. Kelly Staff wages £69.12.6 Bank Balance at Financial Year's End £10057.12.9 Cr. Accounts & B/S Mr. (H. Bowler) attended & presented the Statement of A/cs for the year ending 1st May, 1937, & it was resolved that:- The amount due from Sunday Debtors be valued for the purpose of the Balance Sheet at £(284.17.10); A depreciation of 10% be written off all Stands, Hoardings & Erections amounting to £(1369.13.6), 15% off Marconiphone Equipment amounting to (£46.7.11); (& off the (Gwladys St.) Property the outstanding amount of £1844.15.7. The amount expended in Clothing & Stores, (£607.12.0,) be written off the Income & Expenditure A/c. The Statement of A/cs; Profit & Loss A/c; & Balance Sheet, be approved. A Dividend of 7½ % (Less Income Tax) on the paid-up Capital of the Company be recommended. A. G. M. (147) It was agreed that the Annual General Meeting of