796EFC-1-1-9_0060.tif
7
		[Meeting of Directors held at The Exchange
		Station Hotel Decr. 21st 1909]

Present		The full Board.

Minutes  	The minutes of last meeting were read
		and confirmed.

Banchope  	The Secretary reported that Bancope
		had just turned 26 years of age.
		It was also mentioned that his abilities
		were greater than would appear from
		the last minute thereon.

Adamson 	The Secretary reported the transfer of this
		player to Bolton Wanderers at a fee of
		£800.

Assessment 	The Secretary reported that in response
appeal 		to an invitation he had had an
		interview with Mr. H. P. Cleaver. That
		Mr. Cleaver had given him the following
		bases of valuation :-
		Valuation based on actual cost :-
		Land      £8580 @ 4%    	 343     5%    326     	    .       .
		Bldgs.   £18828 @ 6%   		1129    15%    960          .       .
				    		------      -------
				       		1472          1286
		                    		------      -------
		Valuation based on Land at 10/-  per yard
		Land   21099  yds. @ 10/- = £10549  @ 4%    422       401    .       .
		Bldgs.  £18828  @ 6%                       1129       960    .       .
		                                       ---------     ------
                                                           1551      1361
                                                       ---------     ------
		Valuation based @ 12/6   per yard
		Land                         £13186   4%    527        500    .      .
 		Buildings as before                        1129        960
                                                         ---------    ------  .      .