THE Everton Football Club Company Ltd. Report of Directors to the Sixty-second Annual General Meeting of the Company to be held on Friday, the 11th July, 1941. The Directors in submitting the Accounts of the Company for the Period ending 7th June, 1941, beg to report thereon as follows— The Balance to credit of Profit and Loss Account brought forward from last year amounted to ... ... ... £39877 8 10 Add Income from Properties ... ... 356 4 1 Add Income from Investments ... ... 134 9 6 Add Profit on Sale of War Loan ... ... 208 9 6 699 3 1 _________ ___________ 40576 11 11 Less Excess of Expenditure over Income as shewn by Accounts ... ... 1904 2 7 Less Payments (on account) in respect of War Damage ... ... ... ... 129 7 11 2033 10 6 __________ ___________ 38543 1 5 The Directors have made provision in the Accounts for Depreciation, amounting to ... ... ... 4206 0 0 ___________ Leaving a Balance carried forward of ... ... ... £34337 1 5 ____________ The retiring Directors are Messrs. W. C. GIBBINS, G. EVANS, and W. R. WILLIAMS, who are eligible and offer themselves for re-election. No other nominations have been received. 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 12th day of JULY, 1941. W. C. GIBBINS, Chairman. ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS: NUMBER OF MEETINGS, 7. Mr. W. C. GIBBINS ... ... 7 Ald. A. GATES, J.P. ... 3 Mr. W. R. WILLIAMS ... ... 7 Mr. W. C. CUFF ... ... 3 Dr. C. S. BAXTER ... ... 6 " E. GREEN (from 29/5/41) 2 Mr. G. EVANS, J.P. ... ... 5 Capt. T. PERCY ... ... 1 ,, A. COFFEY ... ... ... 4 In addition to above 6 Emergency and Sub-Committee Meetings were held.