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29		

		[Meeting of Directors held at Goodison
		Park May 9th 1911]

Present		All the Directors except Dr. Baxter.

Annual		The Secretary presented the A/cs of the Co.
A/cs		for the year ending April 30 1911 with
		the Balance sheet and Mr. Herbert
  Copy		Bowler having explained same.
		It was resolved

	1	That the amounts due from Sundry Dr.'s. be
		valued for the purposes of the Balance Sheet
		at £470.0.0 on open a/cs it being
		reported that this amount consisted of
		£425 from Burnley F. C. and £45 estimated
		to be due from Lancashire F. A.

	2	That a depreciation of 10% be written off
		ground stands, hoardings & erections amounting
		to £1822.2.3 and off office fixtures and
		implements amounting to £334.14.7
		being at the rate of 20%.

	3	That the statement of a/cs Balance Sheet
		and Profit & Loss a/c be approved.

	4	That the amount expended in connection
		with clothing materials & stores be written
		off against income & expenditure a/c.

	5	That the Auditors of the Co. be instructed
		to take control of admission to the annual