267 the amplifier equipment. It was agreed to recommend that a Dividend of 7½%, less Tax, be paid an the paid up Capital of the Company. Mr. W. C. Gibbins A letter was read from Mr. Gibbins tendering his resignation as a Director which the Board accepted with regret. Tour 264 It was reported that word had been received from the Canary Islands that the proposed Tour could not be arranged as the expense involved would be too high P. Cullen 265 A letter of thanks was read from Mr. P. Cullen. Stewart 264 A letter was read intimating that Stewart was prepared to come over as soon as the training course had been arranged for him and Mr. Nuttall affirmed that this had been done. It was agreed that the Secretary proceed with the necessary arrangements for his passage. London It was agreed that the London A. G. M's 262 meeting be left in the hands of the Chairman. Transfer of The following were approved:- Shares SHARES NOD. 2319 & 690 FROM Xosr. W. N. Tickle to W. M. Tickle " 2303 & 518 from Ellen Gibbins to R. G. Gibbins " 2270 & 242 from Annie Gibbins to Nora Genders " 900.901 & 957 from John Park to Diane Genders. Next Meeting This was left to the Chairman. Confirmed as Correct E. Green Chairman 25.6.53