[Meeting of Directors held at Bradford Hotel June 5th 1905] Present Geo. Mahon Esq. Mr. E. A. Bainbridge " W. R. Clayton " Jno. Davies " B. Kelly " D. Kirkwood " A. R. Wade " W. Whitford " H. Wright Statement of The Secretary having presented a draft A/cs & Balance statement of Income & Expenditure, Sheet. Profit & Loss a/c and Balance Sheet & the Auditors having explained same to the directors the following resolutions were passed viz:- 1 That the amounts due from Sundry Debtors be valued for the purposes of the Balance sheet at £1663.3.10 and be shown in one sum in the Balance sheet under the head of "Sundry Debtors". 2 That a depreciation of 10% be written off ground stands hoardings and erections amounting to £338.3.6 and off office fixtures and implements amounting to £4.19.3. 3 That the statement of a/cs, Balance Sheet and Profit & Loss a/c be approved.