Atkinson’s Brewery Ltd.: Chairman’s Appeal to Vote Against the Budget: The annual meeting of the shareholders of Atkinson’s Brewery Ltd. was held at the Grand Hotel, Birmingham, yesterday, Mr. F. A. Atkinson presided. According to the director’s report the profit for the year amounted to £14,437 3s 6d, to which was added the balance brought forward from last year of £2,348 16s 8d, making a total of £16,786 0s 2d. From this, however, there was deducted …
… leaving a balance of £710 10s, which was carried forward. …
The directors regretted that the profits did not admit a preference dividend. … (continues) …
A. H. Singleton considered that the directors should forgo their fees until the preference dividend was paid. The Chairman observed that the suggestion would receive consideration. Mr. Pinsent, a shareholder, considered that the suggestion was unreasonable. He thought that in times of adversity the directors were even more entitled to be paid than in times of prosperity. There was no doubt that the directors had experienced a most anxious time this year.
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