Meeting of Directors held May 23rd 1902 Present B. Kelly (Chair) Messrs Bainbridge, Baxter, Clayton, Coates, Davies, Kirkwood, Whitford & Wright. Balance Sheet The auditor having read & explained the drafts statement of accounts Balance sheet and Profit & Loss account the following resolutions were passed viz.:- (a) That the valuation of clothing and stores on hand be valued at £17, (b) That a 10% depreciation be written off Ground, stand, Hoardings & erections amounting to £458:3:4: off office fixtures & implements amounting to £5:10:0. (c) That the old liabiliaty of £50 contracted by the late Secretary Mr. Molyneux without the sanction or knowledge of the Directors be paid and (d) That the statement of a/cs Balance sheet & Profit & Loss a/c be approved. Annual Resolved that same be fixed for Friday Meeting June 6th at Royal St. Minutes of last meeting read & confirmed. 2nd team engagements: The Secretary having reported that the L'pool F. C. had decided to join the Lancashire Combination next season it was resolved that a deputation consisting of Messrs Clayton, Coates & Whitford meet the L'pool F. C. with the view of discussing this question and also the questions (a) of a advertising for next season and (b) the arrangement of league & L'pool Club tie fixture for 1902-3 & to report thereon to Board. L'boat fund The Secretary was instructed to add Parr's donation of 12/- to the gate & to Notify the Scottish League of the reason for so doing. Applicants for The Secretary having read these lists over it was League Secty. Ship resolved to leave it to the judgment of the