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			[Meeting held Xchange Hotel, L'pool,
			Monday, December 12, 1949.]

		Present:- Dr. C. S. Baxter & all other Directors,
			Manager & Secy. in attendance.

			Minutes of Meeting of 16th inst.; were
		read & confirmed.

Finance			Receipts was reported:-
		Gate v Sunderland		£2451.17.6
			Cheques were signed for:-
		Football League		   4%		£ 85. 0.0
		Customs & Excise	Ent. Tax	£191.17.1
		Sunderland F. C.	Share Gate	£323.18.5
		L'pool City Police	 Services	£ 46. 4.0
			Bank Balance	£7174.14.8 Dr.

Report of Sub-		Mr. W. R. Williams detailed the
Committee	recommendations of the Sub-Committee from
	210	their Meeting of the 9th inst., details
		attached,- & upon his proposition, these
		were accepted.

Mr. Green's Report	Mr. Green reported his views upon the
		Reserve team at Leeds.

Manager's		Mr. Britton reported upon the 1st
Report		team.
			Nothing could have been done better
		to provide Quigley with his working desires.
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		Wolves, C. N. E., Portsmouth & Cardiff were
		prepared to pay £26,000.
			The Chairman & Mr. Green reported
		their interview, & expressed their thanks
		to a Shareholder who had done all
		that was possible.
			The player was 28. 5'8½" &