60
[Meeting held at the Park Hotel, Aalberg
Thursday May 20th 1954]
Present :- Mr. E. Green (Chair) & Messrs J. C.
Sharp, T. C. Nuttall, C. E. Balmforth and A. N. Denaro.
Manager in attendance.
The draft of Income and Expenditure
a/c and Balance Sheet was considered.
It was agreed that the Credit Balance
of £1261.4.6 on the War Damage a/c be
written back to Profit & Loss a/c.
Agreed that Depreciation be
written off as follows :-
Stands Hoarding &c. 1076. 0.0.
Amplifying Equipment 81. 0.0.
Motor Car 312.10.0.
It was agreed to recommend
that a dividend of 7½%, less Tax, be paid
on the paid up Capital of the Company.
The accounts were then approved
and signed by the Chairman & Mr. Sharp.
Confirmed as correct.
E. Green
Chairman
23.6.54
