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		the playing strength was uppermost in the minds of the Board,
		but they had not & were not going to be stampeded into
		paying colossal sums for players. However the Shareholders
		could rest assured that negotiations were in progress
		for the acquisition of new men whose signing would
		gladden their hearts. He could not say more.

			Questions were asked by Mr. A. Denaro
		regarding the Boys Pen, the Music at Matches & the "A"
		Team, to which the Chairman replied.

Auditors Report		Mr. H. W. Bowler then read the Auditors Report.

Passing of B/S.		On the proposition of the Chairman
		seconded by Mr. E. Green the Directors Report, Accounts
		& Balance Sheet were unanimously adopted.

Dividend		It was agreed on the proposition of
		Mr. G. Evans, seconded by  Mr. W. C. Gibbins, that a Dividend
		of 7½% (Less Income Tax) be paid on the paid up Capital
		of the Company for the year ending 1st May 1937.

Election of Auditors	Messrs T. Theodore Rogers Bowler & Co. were
		re-elected Auditors at a fee of Sixty Guineas on the
		proposition of Mr. W. Goodge seconded by Mr. T. A. Taylor.

Election of Directors	There being no nominations, the Chairman
		declared the retiring Directors, Messrs E. Green, C. S. Baxter,
		& T. Percy elected for the ensuing 3 years. Mr. E. Green
		on behalf of the re-elected Directors thanked the Shareholders for their confidence in them.

Players Signed.		Secretary read out the following list of
		players for Season 1937-8.

			PLAYERS SIGNED FOR SEASON 1937-8.

	Goalkeepers :- 	E. SAGAR, H. MORTON.

	Full Backs  :- 	w. COOKS, G. JACKSON, J. E. JONES, R. LAMBERT, J. THOMSON.

	Half Backs  :- 	C. BRITTON, C. W. GEE, J. MERCER, S. J. BENTHAM, T. G. JONES,
			T. G. WATSON, M. LINDLEY, W. EDWARDS.

	Forwards    :-	A. GELDARD, J. CUNLIFFE, W. R. DEAN, A. STEVENSON,
			T. GILLICK, J. COULTER, T. LAWTON, R. C. BELL, C. WEBSTER,
			A. DICKINSON, J. CUFF, E. HUREL, F. LAIDMAN, J. ARTHUR,
			W. HULLETT, D. TRENTHAM, H. CATTERICK.

		{W. C. Cuff}