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					[Meeting held Xchange Hotel, L'pool,
					Tuesday, Nov. 2, 1948.]

		Present:- All Directors with Dr. Baxter in chair.

			Minutes of Meeting of October 26, were read &
		confirmed.

Finance			Receipts reported were:-
		Arsenal F. C.		Share Gate	£500.15.5
		Gate v Huddersfield T.			£3566.5.6

			Cheques were signed for:-
		Customs & Excise		  Tax		£284.11.10
		Football League			  %		£31.8.4
		Huddersfield Town F. C.		Share Gate	£483.0.9
		L'pool City Police		Services	£50.19.6

			Bank Balance £562.2.11 Cr.

Sub-Committee		On the proposal of Mr. W. R. Williams,
Report		properly seconded. the report & recommendations were
	108	approved. (Copy attached).

Smallwood		Mr. E. Green stated that whilst this L. H.
(Spennymoor)	was well-built & good, he was doubtful of him
		being better than we had.

Stephen (Bradford)	Mr. H. R. Williams was not enamoured
		of this F. B.

Cropley (Aldershot)	Mr. Coffey & Sec'y did not fancy this L. H.
		but recommended Reynolds (G.) & Rowlands (C. H.).

Oscroft (Mansfield)	Mr. T. G. Watson gave a very good
		report of this player.

Ingham (Gateshead)	Mr. L. F. Bryan did not recommend
		this O. R.

Basford (Crewe)		Mr. R. Bentham was not impressed
		with this player.

Directors Away		To Manchester, Nov. 6:-
	130	All who not engaged elsewhere.
			To Rochdale, Nov. 9,
		Messrs Green, Searle, W. R. & H. R. Williams.