79 [78TH Annual General Meeting held at the Chamber of Commerce, Old Hall Street, Liverpool on Wednesday June 26th 1957.] Present:- Mr. R. E. Searle (Chair) and all other Directors except Messrs E. Green & T. C. Nuttall who were both in Hospital, also present were Messrs W. H. Robinson, G. H. Bowler, the Secretary and 80 Shareholders. Notice The Secretary read the notice convening the Meeting. Press The members of the Press were admitted with the approval of the meeting. The Chairman referred with regret to the fact that both Mr. Green and Mr. Nuttall were in hospital and it was agreed that a letter be sent to each one from this Meeting conveying best wishes for a speedy recovery. Directors' Report After it had been agreed that the & Balance Sheet Report of the Directors, the Accounts and Balance Sheet, and the auditors report thereon, having been circulated, be taken as read the Chairman moved that the Accounts and Balance Sheet, together with the reports thereon be adopted. This was seconded by Mr. W. H. Sawyer and duly carried. Dividend Mr. J. C. Sharp proposed that a dividend of 5% free of tax be paid on the paid up capital of the Company. This was seconded by Mr. D. McPhail and carried. Auditors Fees A proposal by the Chairman that the Auditors Fee for the ensuing year be the same as last year was seconded by Mr. Todd and duly carried.