97
[Meeting held Xchange Hotel L'pool
Friday, May 7, 1948.]
Present :- Dr. C. S. Baxter (Chair); all other Directors
& Secy.
Mr. G. H. Bowler also in attendance.
Accounts & Balance Sheet Mr. Bowler presented the accounts & after
18 discussion & consideration, it was decided that:-
1. The amount due from Sundry Debtors be
valued for the purpose of the Balance Sheet at £12.
2. Depreciation be written off all Stands,
Hoardings & Erections amounting to £2,025.
3. The amount expended on Clothing &
Stores be written off the Income & Expenditure a/c.
4. The Statement of Accounts; Profit & Loss a/c
& Balance Sheet be approved, subject to a satisfactory
reserve for repairs in hand, being made.
5. Payment of Dividend at 7½% less
Income Tax, on the Paid-up Capital of the Company, be made.
6 A reserve for taxation be made, as
recommended by Mr. Bowler, subject to the Chairman's approval.
A. G. M It was agreed that this take place at Central
15 Hall on Friday, June 4, at 7 pm. & that Messrs T. Theo
Rogers, Bowler & Co., take charge of the arrangements.
Minutes Minutes of meeting of Apl. 20, 1948 were
read & confirmed.
Report of Sub-Comee. On proposition of Mr. W. R. Williams &
78 after discussion regarding the Catering, the report
was adopted.
Finance Receipts reported were:-
Gate v L'pool (L. C. F. A. Cup Final) £2690.0.9
Sale 8, Briardale Rd. £ 919.3.11
Bolton Wands. F. C. Share Gate £ 154.19.0
