North Devon Journal: Thursday 25th August 1870

Annual Meeting of the Westward Ho! and Villas Company: The Annual Meeting of the directors and shareholders of the Westward Ho! Company was held yesterday (Wednesday) at the Company’s office, High Street, Bideford: Lieut. General Hutchinson occupied the chair: … (reading of report) … Mr. T. Pynsent, of Lakeham, moved that 3 per cent dividend be paid t the shareholders. He considered it bad policy not to declare a dividend because it would have a damaging effect on the Company. … (discussion and disagreement) … The amendment and the original motion having been put; the chairman declared the amendment (not to issue a dividend) carried. The Directors did not vote. Mr. T. Pynsent: I shall demand a poll – this was granted … The amendment was again declared carried.

[see similar Western Times: Tuesday 30th August 1870]


Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.


Referenced

GRO0835 Hennock: Thomas Pynsent: 1808 – 1887