[MINUTES OF FINANCE MEETING
HELD AT 47 CASTLE STREET, LIVERPOOL
FRIDAY, 20TH MAY 1960]
Present:— Mr. E. Holland Hughes (Chairman) and
Messrs. N. W. Coffey and R. A. Joynson,
together with the Secretary.
Miss F. Buchanan The position of Miss Buchanan was reviewed
and in view of the fact that it appeared
doubtful that she would be able to resume
work it was agreed to send her a cheque
value £25 and to terminate her employment
forthwith, as her position could not be
left open indefinitely.
Mr. F. Bennett It was agreed that the amount to be paid to
this employee henceforth should be equivalent
to half his wages, less National Insurance Pay,
and the matter to be reviewed again in the near
future.
Dividend It was agreed to recommend that the payment
of a 5% Dividend free of tax be made.
Sick Pay It was agreed to recommend that in future
cases of absence through sickness, employees,
other than the Secretary, to receive full pay
for one month and half pay for a further month
after which each individual case will be reviewed.
These payments to be less National Insurance
sick pay.
F. Micklesfield
Chairman.
