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		serve by taking no part in Competitive football next
		Season & he asked the Shareholders to endorse this
		decision. This was unanimously granted.
			He paid tribute to the services of
		Messrs E. Green & A. Coffey as leaders of the Board
		during this war time season, & trusted that he
		would not be wanted in upholding the dignity
		of the Club & of his worthy predecessors.
			Every thing possible had been done
		to support National aims, although financially
		we were not able to provide material comforts
		for the Forces as during 1914-18. But the
		Troops Comforts Collections at the ground had been
		instrumental in providing thousands of cigarettes,
		books &c, which had been highly appreciated by
		the City Authorities.
			In passing, he referred to t he absence
		of Lieut Thos. Percy, who was very busily engaged
		on important service work.
			18 Members of Staff & Players were in unif-
		ormed service & every player had been supplied
		with a writing outfit, which had proved very
		useful, besides serving as a reminder of happier
		days at Goodison Park. Since the war began the
		Secretary had had over 150 letters from the
		Men away.
			Dealing with the heavy, loss, the
		Chairman pointed out that it was wholly due
		to pre-war Summer wages, Rates, Taxes &
		Commitments, although we had made a small
		profit during the playing season.

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

Passing of B/S		On the proposition of the Chairman,
		seconded by Mr. C. Wright, the Directors Report,