The Everton Football Club Co. Ltd. Report of the Directors to the Seventy-Fourth Annual General Meeting of the Company to be held on Thursday, the 25th June, 1953. The Directors in submitting the Accounts of the Company for the period ending 2nd May, 1953, beg to report thereon, as follows: The Balance to credit of Profit and Loss Appro- priation Account brought forward from last year amounting to ... ... ... ... ... £28493 16 7 Add Income from Properties ... ... ... ... £530 8 9 Tax Reserve not required... ... ... ... 3000 0 0 -------------- 3530 8 9 --------------- 32024 5 4 Less Excess of Expenditure over Income ... ... 2926 17 6 --------------- £29097 7 10 The Directors have made provision in the Accounts for: Depreciation on Stands etc ... ... ... 1285 0 0 Dividend for year to 2nd May, 1953, at 7½% less Income Tax ... ... ... ... ... 80 6 8 --------------- 1365 6 8 ---------------- Leaving a Balance to be carried forward of ... ... £27732 1 2 ---------------- The Directors due to retire this year were Messrs. W. R. WILLIAMS, W. C. GIBBINS and Mr. F. MICKLESFIELD. The Directors regret to record the death of Mr. W. R. WILLIAMS and the resignation of Mr. W. C. GIBBINS. Mr. F. MICKLESFIELD is eligible and offers himself for re-election. Nominations have also been received on behalf of Mr. A. N. DENARO, M. B. E., J. P., and Mr. R. E. SEARLE. Under the provisions of the Companies' Act, 1948, the Auditors Messrs. Rogers, Bowler, Rushworth Smith & Co., will continue in office. The Transfer Books of the Company will be closed until the 26th day of June, 1953. E. GREEN, Chairman. ATTENDANCE OF DIRECTORS AT ORDINARY MEETINGS. (Number or Meetings 38). Mr. E. Green ... ... 38 Mr. F. Micklesfield ,.. ... 34 Dr. C. S. Baxter ... ... 38 Mr. W. C. Gibbins ... ... 33 Mr. J. C. Sharp ... ... 37 Mr. C. E. Balmforth ... ... 33 Mr. N. W. Coffey ... ... 37 Mr. W. R. Williams ... ... 15 Mr. T. C. Nuttall ... ... 36 In addition to above, 11 Emergency and Sub-Committee Meetings were held.