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			It was agreed to circularise the Shareholders
		with a copy of the Resolutions and the draft of a
		letter to accompany the Resolutions was approved.

MANWEB			Mr. Hughes reported that MANWEB were
SUB-STATION	desirous of negotiating for a 14 year lease for the
(BELLEFIELD)	creation of a Sub-station at Bellefield subject to an
	128	annual rent of £5.0.0. It was agreed to offer a
		maximum of 3 years, continuing thereafter on a
		yearly basis subject to 6 months notice.

BELLEFIELD		It was reported that Tysorrs were
	98	prepared to consider selling Bellefield and whilst
		the valuation was £15,000.0.0 it was anticipated
		that a figure in the region of £25,000.0.0
		would be asked. It was agreed to negotiate to
		purchase at the best price possible.

RE-RATING		It was reported that the Football League
		valuer had tentatively agreed with the Inland
		Revenue for Clubs to be rated on Gate receipts
		on the 1963 re-valuation. It was agreed to
		appose this method as it was unfavourable.

INTER CITIES		It was reported that Everton had
FAIRS CUP	been nominated by the F. A. & the F. L. to take
		part in this competition.

SIGNINGS		It was reported that Vernon, Gabriel
		& Young had signed for 2 years at £40.0.0 per
		week plus £500, and it was agreed to offer
		Labone similar term for a 2 year contract.
		Bingham & Harris had signed for 2 years on the
PARKER A.	terms offered. Parker had signed a monthly
	207	contract & requested a transfer which was refused.

VERNON T. R.		It was agreed to sell the house he
	185	occupied to Vernon at cost price.

ATHERTON J.		It was reported that John Atherton had
		signed as a part-time professional.