THE Everton Football Club Company Ltd. Report of Directors to the Sixtieth Annual General Meeting of the Company to be held on Thursday, the 29th June, 1939. The Directors have pleasure in submitting the Accounts of the Company for the Year ending 6th May, 1939, and beg to report thereon as follows— The year’s Profit as shown by the Income and Expenditure Account is ... ... £10121 16 0 The Income from Properties as per Profit and Loss Account is ... ... ... 648 10 8 The Income from Investments is ... ... 265 14 6 ____________ 11036 1 2 To this should be added the Balance brought forward from last year ... 47404 11 8 Less Dividend paid June, 1938 ... ... 105 17 11 47298 13 9 ___________ ____________ 58334 14 11 The Directors have made provision in the Accounts for Depreciation, etc., amounting to ... ... 5417 8 3 Out of this Balance the Directors recommend payment of a Dividend at the rate of 7½% per annum, less Income Tax ? [?] [?] [?] [?] [?] [?] ____________ Leaving a Balance carried forward of ... ... £52811 10 4 ____________ The retiring Directors are MESSRS. W. C. CUFF, A. COFFEY, and A. GATES, who are eligible and offer themselves for re-election. A nomination has also been received on behalf of MR. A. N. DENARO, of 329, Walton Lane, Liverpool, 4. The Auditors, MESSRS. T. THEODORE ROGERS, BOWLER & Co. retire and offer themselves for re-election. The Transfer Books of the Company will be closed until the 30th day Of JUNE, 1939. E. GREEN, Chairman. ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS: NUMBER OF MEETINGS, 36. Mr. E. GREEN ... ... 36 Mr. A. GATES ... ... 33 " W. C. GIBBINS ... 36 " T. PERCY ... ... 30 Dr. C. S. BAXTER ... 34 " A. COFFEY ... ... 25 Mr. W. R. WILLIAMS ... 34 " W. C. CUFF ... ... 19 " Mr. G. EVANS ... 33 In addition to above 10 Emergency and Sub-Committee Meetings were held.