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			Resolved with effect from tomorrow, Wednesday, 18th
		July l962.

		(1) That in order to comply with Rule 44(c) of the Rules
		    of the Football Association, Shareholders Season
		    Tickets with the privileges hitherto attached to
		    them will for the Season 1962/63 and subsequent
		    Seasons be issued only to members whose names were
		    entered in the Register of Members before the 1st
		    May 1921.
		(2) That a Season Ticket with such privileges
		    will be issued to such a Member only if he or she
		    attends in person at the Company's registered office
		    at Goodison Park to claim it and then and there gives
		    proof of his or her identity with the person whose
		    name is so entered in the Register. The privileges
		    attached to such Season Tickets are restricted to
		    their holders and will cease on the death of the
		    holder or the transfer of his Shares.
		(3) That pursuant to Rule 44 (a) (v) of the Rules of the
		    Football Association all Shareholders whose names
		    were entered in the Register of Members on or after
		    the 1st May 1921 shall be entitled to have issued
		    to them Season Tickets subject to a deduction of
		    5 per cent from the amount charged to non-shareholders.
		    Season Tickets so issued must not be sold and the
		    privileges attached thereto are restricted to such a
		    holder, and in the case of transfer or death to such
		    member of his family as shall become the registered
		    holder of the shares. The privileges cannot be sold
		    or granted to any other transferee.