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McPherson L.		Secy. reported that he had secured this
		players transfer at a fee of £5000. Player to
		receive £8 per week with £10 signing on Fee.
		This was confirmed.

Finance			Cheques were signed for the following
		Swansea Town F. C.	Fee re McPherson	£5000
		Blyth Spartans F. C.		Loan		£ 200
		T. H. McIntosh			Exs.		£  50

					Confirmed as Correct
						W. C. Cuff
							Chairman