182
[Meeting held at Goodison Park
Wed. May 14th 1958.]
Present:- Mr. R. E. Searle (Chair) and all
other Directors. Secretary in attendance.
Minutes of Meeting of May 6th were
read and confirmed.
Finance Receipts reported were:-
Season Ticket Sales 413.14. 0
Cup Final Ticket Sales 237.18. 0
Cheques were signed for:-
Staff Wages 299. 1. 8
Comns. Inl. Rev. P. A. Y. E. 1125. 8. 6
Bank Balance £410. 1. 3. Cr.
IRRIGATION It was reported that the rest of
180 irrigation equipment required would be approximately
£200. 0. 0, and approved was given to this.
B. Steele It was reported that B. Steele had been
65 transferred to Chesterfield F. C. for a fee of £100. 0. 0.
It was agreed to apply for permission to pay him
assured share of Benefit amounting to £50. 0. 0.
ACCOUNTS & The draft accounts were considered, and
BALANCE SHEET after explanations were given by Mr. Bateman
73 these were approved. It was agreed to
depreciate the Floodlighting installation by 10%
and to recommend that this be written down
down to nil over 10 years in equal annual
amounts. It was also agreed to write down
the Goodison Ave. and Walton Lane properties
to £18,000, and to recommend that £2000. 0. 0
be written off each year in future.
DIVIDEND It was agreed to recommend the payment
73 of a dividend of 5% free of tax.
PROXIES It was reported that the Clubs
179 Solicitors had approved the type of proxy, using
