184 [Annual General Meeting held at Law Association Room, Cook St., Liverpool, Thursday, June 23, 1949] Present:- Dr. C. S. Baxter (Chairman), E. Green, W. C. Gibbins, W. R. Williams, R. E. Searle, C. C., F. W. Lake, J. C. Sharp, Major R.A.O.C., H. R. Williams, N. W. Coffey & 46 other Shareholders. Messrs J. C. Bryson, G. H. Bowler, C. S. Britton & Secy. attended. Secy. read the notice Convening the meeting. Press The Press were admitted. Directors Report, Dr. C. S. Baxter gave his report of the Accounts & B/S season's working & Mr. Bowler having read the Auditors reports, the adoption of the Account & Balance Sheet as read, was put to the meeting & seconded by Mr. E. Green. This was carried, following questions by Messrs C. Quinn, Clark & Livesley. Dividend Mr. W. R. Williams proposed & Mr. R. E. Searle seconded that a Dividend of 7½% on the paid-up Capital of the Company - less Income Tax - be paid. This was unanimously approved. Remuneration of Messrs F. Micklesfield & J. W. Livesley Auditors respectively proposed & Seconded that Messrs T. Theo Rogers, Bowler & Co., be paid a fee of Eighty Guineas for the forthcoming year. This was Carried unanimously. Election of No other nominations having been Directors received, the returning Directors, Messrs Dr. C. S. Baxter, E. Green & Major J. C. Sharp, were unanimously re-elected for a period of 3 years. The Chairman expressed the thanks