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		[Annual Meeting of Shareholders held at the
		Central Hall, Renshaw Street. Liverpool, June 6th 1916.]

				W. R. Clayton Esq.		Presiding

		The Secretary having read the notice convening the meeting
		it was resolved that the press be admitted.

		The Statement of accounts and Balance Sheet were taken as
		read.

		The Secretary read the Auditors report on the accounts and
		balance sheet to the Shareholders.

		The Chairman in moving the approval and passing of the
		statement of accounts and balance sheet reviewed the work
		accomplished by the Club during the past season in the
		furtherance of both Charity and Sport and Mr. B. Kelly
		seconding the proposition it was unanimously resolved that
		the report, balance sheet and statement of accounts be
		approved and passed.

		The Chairman declared Messrs J. c. Baxter, E. Green and B. Kelly
		re-elected to the Directorate for the ensuing period of three
		years.

		Mr. Halsall proposed, Mr. Coffey seconded and it was unanimously
		resolved that a Dividend of 5 percent be declared free of
		income tax on paid up capital.

		Mr. J. G. Davies proposed, Mr. Henry Banks seconded and it was
		unanimously resolved that Messrs T. Theodore Rogers Bowler & Co.
		be re-appointed Auditors to the Company at a fee of Fifty
		Guineas.