223 [MINUTES OF THE 82nd ANNUAL GENERAL MEETING HELD AT THE CHAMBER OF COMMERCE, OLD HALL STREET, LIVERPOOL, ON MONDAY, JUNE 26th, 1961.] Present: Mr. John Moores (Chairman) and Messrs. the Company. This was seconded by Mr. D. R. E. Searle, J. C. Sharp, N. W. Coffey, C. E. McPhail and duly carried. Balmforth, F. Micklesfield, J. Taylor, R. A. Joynson and E. Holland Hughes, Directors, and 76 Shareholders, together with the Secretary and Remuneration of Auditors Manager and Mr. G. H. Bowler, Auditor. Mr. C. H. Askham proposed that the remunera- tion of the Auditors for the ensuing year be the Notice same as last year. This was seconded by Mr. Birch The notice convening the Meeting was read and carried. the Secretary. Election of Directors Press In the absence of any other nominations it was The members of the Press were admitted with agreed unanimously that a single resolution be put the approval of the meeting. to the meeting for the re-election of the three retiring Directors. Mr. E. Holland Hughes then Minutes proposed that the three retiring Directors, Messrs. The minutes of the 81St Annual General Meeting John Moores, J. C. Sharp and R. A. Joynson, be having been circulated were taken as read, and re-elected for a period of three years. This was were approved and signed as a correct record. seconded by Mr. H. W. Wilding and duly carried. Mr. John Moores, on behalf of himself and his Chairman’s Report colleagues, thanked the Shareholders for their The Chairman gave a report of the past Season’s support. working and expressed his pleasure with the improved displays last season, and the improve- ment in the financial position. He referred to the Ground and Maintenance Reports change in Team Manager and considered the Club Messrs. J. C. Sharp and R. A. Joynson gave had been fortunate in securing the services of reports on the pitch and ground maintenance, Mr. Catterick and was looking to the future with detailing work already completed and in progress confidence. Mr. J. H. Hinton praised the Board for to maintain the pitch and buildings in first-class the excellent accounts and this was supported by condition. Mr. D. McPhail. Questions by Messrs. J. H. Hinton and G. W. D. Beattie were answered and Manager’s Report it was suggested that the Programme Income and Mr. Catterick said he was honoured to be Expenditure be shown separately, but it was appointed Manager of Everton in his report of explained that this was not desirable. the playing side. There was a good team spirit and he thought the team were capable of doing well in Accounts and Balance Sheet and Reports the future. It was agreed that the Accounts and Balance Mr. P. L. Parry, on behalf of the Shareholders, Sheet, together with the Directors’ Report and the expressed a warm welcome to Mr. Catterick and Report of the Auditors thereon, having been wished him every success. circulated be taken as read. Mr. J. H. Hinton then proposed that the Balance Sheet and Reports be adopted. This was seconded by Mr. W. H. Sawyer Vote of Thanks and duly carried. After questions by Messrs. F. K. Smith and J. H. Hinton had been answered the meeting Dividend closed with a vote of thanks to the Chairman and Mr. E. Holland Hughes proposed that a Dividend Directors, proposed by Mr. W. H. Sawyer and of 5% free of tax be paid on the paid up Capital of seconded by Mr. P. L. Parry.