26
[Meeting of Directors held at
Exchange Station Hotel on
Tuesday 17th May 1927]
Present Mr. W. C. Cuff (Chair) & all other Directors
except Mr. A. Coffey.
Minutes The Minutes of Directors meeting held on
3rd inst. & Finance Committee on the 6th inst.
were read & confirmed.
Finance The following receipts were reported
Bradford City F. C. Balce. of Fee re Batten £250
Barker & Dobson Rent S. Lane £ 40
Cheques were signed for the following.
Players Wages (Sundry) Staff £340.10.0
Poole F. C. Transfer Fee £100.0.0
Dr. C. S. Baxter Fees £ 63.0.0
Central League Sub & Rules Bks. £ 20.12.0
Bank Balance £17479.12.11 Dr.
Accounts The Secretary presented the accounts
for the period ending 7th inst. and after Mr.
H. Bowler for the Auditors had given explanations
of the various items, it was resolved:-
1. That the amount due from Sundry Debtors
be valued for the purpose of the Balance Sheet
3933.0.0 at £3977.3.4.
3535.7.3 2. That a depreciation of 10% be written off all
Stands, Hoardings & Eretions amounting to £3384.8.3.
3. That the amount expended on Clothing Material
326.16.6 & Stores £323.3.10 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 7½% (less Income Tax) on paid
up Capital be recommended.
