796EFC-1-1-16_0111.tif
			[Meeting of Directors held at the
			Exchange Station Hotel Liverpool
			on Friday 11th May 1923]

		Present	Mr W. C. Cuff (Chair) & all other Directors
			except Mr J. Sharp.

Annual a/cs		Mr Herbert Bowler attended & presented the
		a/cs for the year ending 5th inst, making detailed
		explanations, and it was resolved.
	(1)		That the amount due from Sundry Debtors
		be valued, for the purpose of the Balance Sheet,
		at £2034.8.10.
	(2)		That a depreciation of 10% be written off all
		Stands, Hoardings & Erections, amounting to £514.12.6.
	(3)		That the amount expended on Clothing,
		Material & Stores £362.6.9 be written off Income
		& Expenditure a/c
	(4)		That the Statement of a/cs, Profit & Loss a/c
		& Balance Sheet be approved.
	(5)		That a dividend of 5% (free of Income Tax)
		on paid up capital be recommended.

Annual Meeting		It was proposed & carried that the Annual
		Meeting be held in the Law Association Rooms, 14
		Cook St Lpool on Thursday 24th inst at 7.30 pm
		prompt. Admission to the Meeting to be on presentation
		of the Balance Sheet.
			It was decided that the Auditors of the
		Company (a) take control of admission to the
		Annual Meeting, and (b) despatch notices of Meeting
		& copy of a/cs to Shareholders.

Income Tax		It was decided to appeal against the
		Assessment under Sch A (£2700)

Players Signed		The Secy reported that since the previous