[MINUTES OF THE 81st ANNUAL GENERAL MEETING HELD AT THE CHAMBER OF COMMERCE, OLD HALL STREET, LIVERPOOL, ON THURSDAY, JUNE 23rd, 1960.] Present: Mr. F. Micklesfield (Chairman) and W. C. Macauley and T. B. Tickle had been Messrs. J. C. Sharp (Vice-Chairman), R. E. answered, the proposition was duly carried. Searle, N. W. Coffey, C. E. Balmforth, J. Taylor J. Moores, R. A. Joynson, E. Holland Hughes Dividend Directors, and 86 Shareholders, together with Mr. E. Holland Hughes proposed that a the Secretary and Manager and Mr. G. H. Dividend of 5% free of tax be paid on the paid up Bowler, Auditor. Capital of the Company. This was seconded by Mr. W. Birch and duly carried. Notice The Notice convening the meeting was read by Remuneration of Auditors the Secretary. Mr. C. H. Askham proposed that the remunera- tion of the Auditors for the ensuing year be the Press same as last year. This was seconded by Mr. Members of the Press were admitted with the B. S. Hackney and duly carried. approval of the meeting. Election of Directors Minutes In the absence of any other nominations it was The Minutes of the 80th Annual General agreed unanimously that a single resolution be Meeting having been circulated were taken as put to the meeting for the re-election of the three read and were approved and signed as a correct retiring Directors. The Chairman then proposed record. that the three retiring Directors, Messrs. N. W. Coffey, C. E. Balmforth and E. Holland Hughes Shareholders' Stand be re-elected for a period of three years. This was Mr. P. L. Parry expressed disappointment that seconded by Mr. W. Birch and duly carried. Mr. the Directors had not agreed to meet a deputation Holland Hughes, on behalf of himself and his to discuss ways and means of finding a satisfactory colleagues thanked the Shareholders for their solution to the seats allocated to Shareholders, support. and Mr. T. B. Tickle thought the financial results Players' Report of season ticket sales did not come up to expecta- The Manager, Mr. J. Carey, gave a report of tions. The Chairman explained that the Boys' Pen the playing side, and said he was quietly confident was to be moved further back to reduce the noise that team building was progressing favourably. and present indications on the sale of season tickets was much better than last year. Pitch The Chairman reviewed the workings of the past Mr. S. I. Heller asked about the work on the season and expressed confidence for the future. pitch, and Mr. Sharp replied outlining the meas- ures taken to relieve the problem of flooding. Accounts and Balance Sheet and Reports Mr. D. G. Stephenson asked for a few words It was agreed that the Accounts and Balance from Mr. Moores, who spoke of his ideas for Sheet, together with the Directors' Report and further improving the team. the Report of the Auditors thereon having been circulated be taken as read. Mr. F. Micklesfield Vote of Thanks then proposed that the Balance Sheet and Reports The meeting closed with a vote of thanks to the be adopted and this was seconded by Mr. W. H. Chairman and Directors proposed by Mr. W. H. Sawyer. After questions by Messrs. J. H. Hinton, Sawyer and seconded by Mr. J. H. Hinton.