was referred to the Secretary. Geo. Mahon [Meeting of Directors held at Goodison Park July 16 1907.] Present B. Kelly Esq. Chair Messrs Bainbridge Clayton Davies Kirkwood Wilson Whitford & W. Messrs Clayton, Wilson reported that they had made arrangements with the Bankers for an overdraft of £5000 against consoles worth £4300 at a rate of ½% above the Bank rate for the time being with a minimum of 3½%: the loan to be repaid by the end of the year approved. Telegraph Resolved that Mr. Hartley be instructed Board to proceed at once with the Telegraph Board. Lofthouse Resolved that the resolution re Lofthouse be rescinded.