180 [Meeting held at Xchange Hotel, Liverpool, Thursday, May 26, 1949] Present:- Dr. C. S. Baxter (Chair), E. Green, W. C. Gibbins, W. R. Williams, R. E. Searle, C. C., F. W. Lake, Major J. C. Sharp, H. R. Williams & N. W. Coffey. Manager & Secretary in attendance. Minutes of Meeting of 3rd inst., were read & confirmed. Finance Receipts reported were:- Gate v New Brighton £356.5.9 Manchester Utd. F. C. Compensation £423.17.6 Wolverhampton Wands. F. C. do £290.0.5 Season Ticket sales £2088.0.0 Cheques were signed for:- Customs & Excise Tax £23.3.7 L'pool County F. A. Gate £739.4.11 Theo. Kelly Salary £88.9.0 J. W. Dickinson do £37.5.4 Commissionaires Inland Revenue Balance Sch. D £385.13.0 Theo. Kelly Wages & Xes. £300.0.0 Bank Balance £2974.4.8 Cr. Accounts & Mr. G. H. Bowler attended & presented the Balance Sheet Accounts. It was decided that:- (1) The amount due from Sundry Debtors be solved for the purpose of the Balance sheet at £12. 2. That depreciation be written off all Stands, Hoardings & Erections amounting to £1825. 3. The amount expended on Clothing & Stores be written off the Income & Expenditure A/c. 4. The Statement of Accounts, Profit & Loss, & Balance Sheet be approved.