112
[Meeting held at Exchange Hotel,
L'pool, Tuesday, 24th May, 1938]
Present:- Messrs W. C. Cuff (Chair), E. Green, A. Coffey, W. C. Gibbins, Dr.
C. S. Baxter, G. Evans, T. Percy, R. R. Turnbull, A. Gates & Secy.
Minutes of Meeting of the 9th inst., were
read & confirmed as correct.
Finance Cheques were signed for:-
Flags, Ltd. Decorations £250.0.0
Chas. E. Turnock Timber £8.8.4
Archd. Leitch & Partners Various £408.12.2
Central League Sub & Books £20.12.0
Theo Kelly Wages & Xes. £350.0.0
do Salary £41.13.4
Bank Balance £28,489.14.9 Dr.
Accounts & B/S. Mr. H. Bowler attended & presented the
Statement of Accounts for the year ending 7th May, 1938
& it was resolved that:-
The amount due from Sundry Debtors
be valued for the purpose of the B/S at £1088.2.3.
A depreciation of 10% be written off
the old stands, Hoardings & Erections amounting to
£1228.1.1 & 15% off Marconiphone Equipment
amounting to £39.8.9 & off Sundry Debtors the
amount of £200 owing by Blyth Spartans, be written
off as a bad debt.
The amount expended on Clothing &
Stones be written off the Income & Expenditure A/C.
The Statement of A/C's. profit & Loss A/C,
& B/S be approved.
A Dividend of 7½% (Less Income Tax) on
the paid up Capital of the Company, be recommended.
A. G. M. It was agreed that the Annual General
