271
[Meeting held at Xchange Hotel, L'pool
Tuesday, May 30, 1950]
Present:- Dr. C. S. Baxter (Chair) & all other Directors
Manager & Secretary in attendance.
Accounts & 97 Mr. G. H. Bowler attended & presented
Balance Sheet the Accounts & it was decided that:-
(1) The Amount due from Sundry Debtors be
valued for the purpose of the B/S at £2678.9.10.
(2) That depreciation be written off all Stands,
Hoardings & Erections of £1640.
(3) The Amount expended on Clothing & Stores
be written off the Income & Expenditure account.
(4) The Statement of A/cs, Profit & Loss, &
Balance Sheet be approved.
(5) Payment of Dividend at 7½%, less Income Tax,
be made on the paid up Capital of the Company.
(6) A Depreciation of 10% be written off the
Amplifier system for wear & tear.
(7) A Reserve for Taxation of £4,000,
be set aside.
A. G. M. 181 Agreed that this be held at the Law
Association Rooms on Monday, June 26, 1950, at
7 p.m.
Minutes Minutes of Meeting of May 1st were read and
confirmed & also Finance Meeting of May 4th.
Finance Receipt reported was Season Tickets £3040.0.0
Cheques were signed for:-
J. W. Dickinson Salary £40.8.8
Theo. Kelly do £88.9.0
Income Tax a/c P. A. Y. E. (above) £41.19.0
Bank Balance £8402.15.11 Dr.
268
Swedish Tour The Directors who made this trip,
