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				[Meeting held at Exchange Hotel,
				Saturday, 27th April, 1940]

		Present:- Messrs E. Green (Chair), A. Coffey, W. C. Gibbins, Dr.
				C. S. Baxter, G. Evans & W. R. Williams & Sec'y.

Minutes				Minutes of Meeting of the 16th inst. were
		read & confirmed.

F. A. & Mercer			The findings of the F. A. Commission
		appointed to meet at Crewe on the 22nd inst. were
		reported as per printed copy inserted opposite.

Chairman			Mr. A. Coffey was unanimously elected
		Chairman.

Quorum				Owing to the reduction in the number
		of Directors available for attendance at Meetings,
		the quorum was reduced to three.

Vote of Thanks			On the propositions of Dr. C. S. Baxter
		seconded by Mr. W. R. Williams, a vote of thanks
		was according to Mr. E. Green for his services as
		Chairman. Reference was made to the apparent
		animus displayed in the severity of the sentence
		imposed on him, against which there was no power
		to appeal.

					Confirmed as correct.
						A. Coffey
					    Chairman.