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65

			[Annual General Meeting of
			Shareholders held at the Central
			Hall Renshaw St. Liverpool on
			Tuesday 21st June 1921.]

		Present	Mr. A. Coffey (Chair).
		Messrs E. Green, H. Banks, W. R. Clayton, J. G. Davies,
		R. T. Francis, W. C. Gibbins, W. J. Sawyer, (Directors)
		& a full quorum of Shareholders.

			The Secretary read the notice
		convening the meeting.

Press			It was agreed that the members
		of the Press be admitted.

Accounts & Balance	The Secretary having read the
Sheet & Directors Auditors Report, it was agreed to take
Report		the Balance Sheet as read.

			The Chairman then gave a report
		on the seasons working in which he
		stated that the season had been a
		record and from a financial standpoint
		& also that the playing results were much
		better than the previous season. He
		also mentioned that as from 30th April last
		future shareholders would not be entitled
		to the privileges regarding season tickets
		excepting a 5% reduction on the price to
		the public, owning to a ruling by the
		Football Association.

			On the proposal of the Chairman
		seconded by Mr. E. Green the balance sheet
		& report were duly adopted after questions
		relating to Training Expenses & Dividend
		had been answered.