210 [Meeting of Directors held at the Bradford Hotel Liverpool May 10th 1912.] Present All the Directors except Dr. Baxter. Annual The Secretary presented the accounts of the Company a/cs for the year ending April 30th 1912 with the Balance Sheet and Mr. Herbert Bowler having explained same. It was resolved. 1. That the amounts due from Sundry debtors be valued for the purposes of the balance sheet at £1055:1:6 on open accounts it being reported that this amount consisted of £150 from Bolton Wanderers F.C. £400 from West Bromwich F.C. £150 from Milwall F.C. £100 from St. Mirren F.C. £150 from Preston North End F.C. £25 from the Football League £5 from. The Central League £25 from Rochdale F.C. £10:1:6 from Tranmere Rovers F. C. £25 from David Allen & Sons and £15 from the City Caterers. 2. That a depreciation of 10% be written off stands, Hoardings and erections amounting to £1639:18:0 and 25% off office fixtures and implements amounting to £334:14:8 3. That the statement of accounts balance sheet and profit and loss account be approved. 4. That the amount expended in connection with clothing materials and stores be written off against income and expenditure account. 5. That the Auditors of the Company be instructed to take control of admission to the Annual Meeting, the distribution and counting of voting papers and that they be authorised to obtain the necessary assistance