280 [Meeting held at Goodison Park Tuesday May 12th 1959] Present:- Mr. R. E. Searle (Chair) and all other Directors except Mr. Hughes who tendered his apologies. Manager & Secretary in attendance. Minutes of Meeting of Apl. 28th were read and confirmed. Finance Receipts reported were:- Liverpool F. C. % 788.12.1 Season Ticket Sales 1738.16.0 Cheques were signed for:- British Railways Fares 56. 0.0 Wages, Staff 391. 0.8 Bank Balance £24,606.16.2 Dr. Tour It was reported that only one match 278 had been played in Spain, as the proposed game v Barcelona had been cancelled. Accounts The draft Income and Expenditure a/cs 185 were examined, and it was agreed to show under separate headings the cost of Scouting and Trialists, and the payment to Mr. Buchan for loss of Office. It was agreed to include the revenue from Floodlit Matches under income from other Matches, and to write off the cost of the soil warming installation in equal amounts over a period of 7 years. It was agreed to include the loan under the heading of "Bank Advances and Loan" in the Balance Sheet. A. G. M. It was agreed that the A. G. M. should 271 be confirmed to a strictly official basis. DIVIDEND It was agreed to recommend that a 172 dividend of 5% free of tax be paid. ASHWORTH, A. It was reported that Ashworth had 277