58
[Meeting held at Goodison Park
Monday Feb. 22nd 1960.]
Present:- Mr. F. Micklesfield (Chair) and all
other Directors.
Manager & Secretary in attendance.
Minutes of meeting of Feb. 15th were read
and confirmed.
FINANCE Receipts reported were:-
Accrington Stanley F. C. re Keeley 250. 0.0
Southport F. C. re Blain 100. 0.0
Gate v Liverpool Res. 119.14.3
Cheques were signed for:-
Wolverhampton Wanderers re Lill 25,000. 0.0
British Railways Fares 89.11.6
Bank Balance £81,872.13.7 Dr.
LOAN Mr. Hughes reviewed the financial position, and
51. reported that Mr. J. Moores was prepared to make a
loan of £50,000.0.0 to the Club, free of interest, to
be repaid during the next five year in five equal
instalments. It was agreed that Mr. Moores be
thanked for his generous offer and that it be
accepted. A vote of confidence in Mr. Hughes to
carry it through was passed.
REPORTS. Reports were given of the 1st Team game v
Arsenal and of the 2nd Team game v Liverpool Res.
and of the players on the injured list.
GABRIEL It was resolved that Messrs C. H. Askham
(DUNDEE) v E. Holland Hughes together with the Manager
57. should watch Gabriel at Edinburgh tomorrow, with
powers to secure his transfer for up to £30,000.0.0
if satisfied.
O'HARA, E. It was reported that O'Hara had been
53. transferred to Rotherham for a fee of £3,500.0.0. It
was agreed to pay him accrued share of benefit of £250.0.0
