Minute Book

								74

			[Annual General Meeting held at
			Law Association Rooms, Cook St.,
			Thursday June 21st, 1951]

		Present:- Mr. W. R. Williams (Chair), E. Green,
		W. C. Gibbins, C. S. Baxter, R. E. Searle, J. C. Sharp,
		N. W. Coffey and 215 Shareholders.

			Messrs J. C. Bryson, G. H. Bowler, C. S.
		Britton & Secretary in attendance.

NOTICE			The notice conveying the meeting
		was read by the Secretary.

PRESS			The Press were admitted.
			Dr. C. S. Baxter then addressed the
		meeting and withdraw alleged slanderous remarks
		concerning Mr. R. E. Searle and apologised to him.

DIRECTORS REPORT	Mr. W. R. Williams gave his report of
A/C's & B/SHEET	the working of the post Season, and proposed
		that the amount be taken as read. This was
		carried and following questions by Messrs
		Greig, Osborne and Quinn it was agreed that
		consideration be given to publishing Directors
		Expenses and Officials Salaries separately in future.
		Mr. G. H. Bowler then read the auditors report and
		the adoption of the amounts and Balance Sheet was
		put to the meeting seconded by Mr. D. Morris
		and carried.

DIVIDEND		Mr. R. E. Searle proposed that a Dividend
		of 7½% less Tax be paid on the Paid up Capital
		of the Company. This was seconded by Mr. Revell
		and duly carried.

REMUNERATION		Mr. N. G. Winfield proposed that Messrs T.
OF AUDITORS	Theodore Rogers, Bowler & Co. be paid One Hundred Guineas
		for the coming year. This was seconded by Mr.
		F. Micklesfield and carried.

ELECTION OF		The Chairman asked for separate proposals
DIRECTORS