107 [Meeting of Directors held at Bradford Hotel May 24th 1917.] Present W. R. Clayton Esq. Chair Messrs H. Banks A. Coffey J. Davies J. G. Davies E. Green H. Halsall B. Kelly. Annual a/cs. The Secretary presented the Income and Expenditure, Profit & Loss a/cs. and Balance Sheet for the year ending April 30th 1917 and the same were explained in detail by Mr. H. Bowler. The following resolutions were passed:- 1. That the amount due from Sundry Debtors be valued for the purposes of the Balance Sheet at £148.9.10 on open a/cs. it being reported that they consisted of The League 2½% due Apl. 30th 61. 10. 11. do. Bal. of amt. due 31/12/16. 5. 4. D. Allen & Sons 40 J. S. Maconnachie 10. 0. 0. T. A. Morton 35. 12. 1. Gwladys St. rents 1. 1. 6. That the sum of £74.2.5 due from Chelsea F. C. be written off in the Books as doubtful. 2. That a depreciation of 10% be written off stands Hoardings & erections amounting to £968.6.10. 3. That the amount expended on Clothing material and stores £100.1.1 be written off against Income & Expenditure a/c.