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THa LINCOLN 

Co-OPERATIVE SOClETY I.TD. 

(Established 1861) 

FREE SCHOOL LANE, LINCOLN 

Half-Yearly Report and Balance Sheet 

for the Half-Year ended 25th March, 1950 

NOTICE IS HEREBY GIVEN THAT THE GENERAL 

QUARTERLY MEETING 

of Members will be held in the 

W HALL, FREE SCHOOL LANE, LINCOLN 

on MONDAY, 15th MAY, 1956 

COMMENCING AT 7M PJN. 

NOTICE IS HEREBY GIVEN THAT BRANCH OU~Y MEEIINGS WILL BE HELis AS FOLLOWS . 

At NORTH HYKEHAM BRANCH PREMISES (Rcprcsentetips, Mrs. C. ' 

L Hruohe) r 

Friday, 12th May, 1950, at 7 paru 

AtlWELBOURN BRANCH PREMISES ( pcscntrrtipe, Mrs. M. E. Ihch'ards)r 

Friday, 12th May, 1950, at 7 pan. 

Ai SAXILBY BRANCH PREiVIISES (Representation, Mrs. O. G. Deer): 

Friday, 12th May, 1950, at 7 twn. 

AtlSLEAFORD BRANCH PREMISES (Rcprcscntotipc, Mr. S, T. Buttery): 

Saturday, 13th May, 1950, at @30 tsnn 

AtIMARKET RASEN BRANCH PREMISES) Rcprescntotipc, Mr. L B. Clarke): 

Saturday, 13th May, 1950, at MO tant 

At SKELLINGTHORPE BRANCH PREMISES (Represcntetipc, Mr. J. E Harrison): 

Saturday, 13th May, 1950, at 040 pan. 

v v 

444444 44444444444444444444444444444444444444444444444444444444444444444' 

Co-opersdve Prinrine Society Ltd. , New Monnt Street. tdsnctreuce d. 

C 

C 

C

LINCOLN CO-0PERATIVE SOCIETY LIMITED 

OFFICERS OF THE SOCIETY: 

Presidect: Mrs. C I. BROOKE (32) 

Directors i 

'Mr. H. WELLS (3l) Mr. F. CRAINCER, J.P. 

Mr F (29) 

IL 

Mrs. O. 

TRUSWELL(32) C. 

Mr. 

DEER L B. CLARKE (30) 

(32) fMm M 

M . W. H. 

Mr. S. T. BUTTI'RY E 

MARTIN (29) 

RICHARDS 

(32) fMrs. D. M. DIXON (26) 

(30) fMr. S. W. MESSENCER 

fMr. E. C FOUNTAINE 

IMr. J. F 

I!fcseyicy Secwtsry i Mr. DUNCAN McNAB. A.LAX 

ef!sprcced 

Assistant 

Asdilcrr Mr. S. Secretary: 

BARLOW. AS%.A., CW.S. 

Mr. S. 

Audit BETT, 

Department, ACS~ 

Figures in Manchester 

e parenthesis denote Directors' 4 

Retired undere Attendances —Possible 

Age Limit Rule. 25th March, l950 32 

f Illness 

2 Commenced 00iee on 27th March 

l. 'Minutes of last Quarterly Meeiing. 

2. Directors' Report and Balance Sheet. 

3. Education Consmtt'm's Report and 'Accounts. 

4. Lincoln Society ~arise Party Report and Accounts 

AGENDA OF BUSINESS 

5. Appeals and Recommendations cf tbe Djrq tom 

(c) NB.P.C.C, E5 5s. 

(6) Lincolnshire Agricultural Soristy, El l,. 

6. Questions. 

ELECTRRif OF '" 

Reudt 

DIRECTORS: RESULT OF trie 

of E4ction of Six Directmsi VOIIG 

Mi. S. T. Mr. 

Buttery. 300: 

W. H. 

Mrs. '0; Martin. 4?9.i Mr. S. W. 

Mr. C C: Messenger, 

Dean, 

Deer. 

428; 236: Mr. E e Fountaine, 225 46l; 

Mr. E i (The Mreg 

Mi0son, 

K. .~430; 

Blythe, 

foregoing 

l57; 

358; Mr. 

Mr. 

elected 

C. 

T. W. E Jackson, 3l2t Mr. C T. to serve 

Ingall. I44. 

Bathie, for 

232; Twu 

Mrs. F. Years): 

Lerner, 22( t Mn I 

ELECTION OF EDUCATION 

Result of Voting for 

COMMITIXEs 

FiveMembers: RESULT 

Mrs 

OF 

FLeventon 

VOTIRG. 

382 i Mrs. L Beker349: Mrs. E.A. 

Sf!24 Mrs. E Leggate, 309; 

Mrs. IC ssington, 257; Oba uregoing Elected to serve for Twu Years): Mrs. I. M. Gegj'yk '„. ;, '!I' 

f950 SOCIETY'S 

. 

CALENDAR 

:: -: ' ' ' 

fy Meeting. 

')950 

May (9— Loan tkSperiai LcanBook May 29— 

ready. 

Whit-Monday 

June 2~ E d. 

'-:REFORT~ 

l950 

Aug. 7— Bank Holiday 

Time of Counts 

The coast wR take p4ce on the 

dent 

Manday 

pcnsm evening 

to be coummncing 

eppobsmd ' at 5 

be the 

p.m. This 

cheka to this parison. 

shall be ni 

from the The e4uge 

staff 

cf e Ret 

Head who 

Gendhhetm Ofkce wiB be 

am!I their 

and various responsib4 to th'c~ 

Rights s ~nts to be 

Each 

chosen by the~ 

canehdate sriii have tbe nght to be at the count and brin along a scrutineer on his or her behedf 

dcmm to do co. e The name and address of tbe crutincm to be submitted to the~ 

pievkamgrr tha4uairterfy Maethsg. The eturning Ofhcer s decuivon as appcrtmmmt 

hs the avant of a tie he will a4o have tbe casting vote, or he can make any' dariskm 

Drapery — P4ns em 

renovahons 

in 

are band 

needs 

for 

we complete 

wi0 have tbe 

alterariens. to 

knees the 

eliowroom 

Drapery 

m 

Department. 

L'u!co)n or Lbscofnshim. Wodr. will bc cmnmmxssd my~~ 

and we would ask our members to bear with us wb0e tins m tsdu'ng p4ca as when tbe job is ccmphted we~~ ~~st~ 

ou and suypotx Fulhx detaf4 egarding this asatter will be given in the next Quern y Rcp ~ 

of a shop on the sue fn front of the AEU. Qub m Silver St'rect. Our arcbftect is at the present moment pi~~~ p cm. . 

which will be submitted to the Cortmratkmaud theI' ayeWod m au ~berate. gt4hcpesh if a hcencc m 

deta0s will be given on t4s subject in subsequent mports. 

Ymus fm'tbfuily. 

or an on 

'y.&%4 

4dudf of the Directors 

DUNCAN~~~' 

!l

PI 

BOARD QF DIRECTORS 

LINCOLII CO-OPERATV/E CHEIIISTS LTD, 

PRESIDENTI Mrs. C, I B» k 

DIRECTORS: IW, F. 

Mr. L. 13. Clarke, IIr, S, 

Nrs. D. N. Dixon, Mr, S. 

Mr, E, C. Fountaine, and 

SECRETARYI Mr. Duncan McNab, A.L.A. A. 

44egisterod Office'. 

FPZE SCHOOL LANE, LINCOLN. 

0, G, Deer, Ih*s, N, E. Richards, 

T, Buttery, Mr. M, H, Hartin, 

W. 'Messenger, Mr. J. E. Harrison, 

IIr, J. Campbell, M. P.S. 

TRADE ACCOUNT & BALAIICE SHEET FOR THE HALF ENDED 2 th March 1 0 

To Wages 

National Insurance 

Rent charge L.CPS.Ltd, 

Lighting & Heating 

Telephones 

Transport 

Printing & Stationery 

Stamps 

Travelling 

Cleaning 

Admin. charges 

- To Stock trans. from L.C.S. 

ts . Il II It 

ds purchased 

ansfers from L.C.S. 

Bal, from Trade Exs. s/c 

Net surplus c//d 

alem Disposable 

ferne@. 0@.NC, N. 

g s d 

4298. 2. 9 

~120. .10 

127:18; 3 

29.18,10 

158;12: 2 

45;19.11 

8. 0. 0 

8;19; 5 

18; 1.10 

~16 0. 0 

TRADE EXPENSES ACCOUNT. 

s d 

4/+18; 7; 7 

822, 15, 3 

713.10. 5 

R 5954,13. 3 

TRADE ACCOUNT 

g s d 

14155;-0. 0 

12; 0. 0 

34453' 2. 2 

38.16. 7 

5954;13. 3 

4951. 2. 2 

2 5956/+, 14., ' '2 

By Trade Account 

By Cash Sales 

Debts . 

Dividend 

Trans. to L.C 

Stock at end 

Z s 

5954,D. 

22 5954.15. 

p, . 

g s d 

32804; 7. 9 

12, 0. 0 

164, 0; 0 

.S. 7674. 6; 5 

18910. 0. 0 

z 59564,14, 2 

DISPCSABLE BALANCE ACCOUNT. 

'g, s d s 41- 

,2

LINC0LN CO-OPERATIVE SOCIETY gggyygZ) 


President: Mrs. C L BROOKE (32) 

Di rasters c 

«Mr. H. WELLS (31) Mr. F. CRAINCER, J.P. (29) Mrs. O. C. DEER (30) 

Mr. F.E TRUSWELL(32) Mr. L B. CLARJK (32) Mr. S. T. BUTTERY (29) M, C DEAN (32) 

M W H MART(N (32) fM ~ D M DIXON {30) IM S W 

IMr. E. C. FOUNTAINE 

Manayiqg Secrcts¹y s Mr. DUNCAN McNAB, A.LAA. 

Assistant Secretary: Mr S REIT ACS 

Atxtxreaaf Aaditar: Mr. S. BARLOW. ASAA. , CW.S. Audit Department, Mxmcbester 

Figures in parenthesis denote Directors' Attendances — Possible 32 

* Retired under'. Age Limit Rule. 25th March, 1950 f Illness 2 Commenced Office on 27th Marefu 1950 

AGENDA OF 

1. 

BUSINESS 

Mnutes of last Quarterly Meeting. 

5. 

2. Direct'ors' Appeals and 

Report and Recominendations' 

Bilance Sheet. 

of the Directors. 

3. Education Committee's (a) NS.P.GC.. Report 

E5 

and 5¹. 

Accounts. 

4. Lincoln (I) Lincolnshire 

Society Co-operative Agricxdtaral 

Party Report 

Society, 

and 

kf 

Accounts 

1s. 

6. Questions. 

ELECTION OF DIRKCTORSx 

Result of 

RESULT 

Election OF 

of 

VOTING 

Six 

Mr. 

Directors: 

S. T'.'Bxjttery, 

Mr. W. 

300; 

H. Martin, 

Mrs. O. C. 

479; Mr. S. W. Messenger, 461; Mr, 

Mr. 

Deer, 236; Mr. E. C. Fountairie. J. E,~4)0'. 

C Dean, 428; Mr. E Millson. 358; 

225; (The foregoing elected to serve fm 

Blythe. 

Mr. T. W. Jackson, 312; Mr. Two 

157; Mr. C. T. Bathie, 

Yean): 

C. E Ingaff, 144. 

232; Mrs. F. Levenhm, 221; Mr. L A. 

KLEC1ION OF EDUCATION COMMTITEEx RESULT OF VOTING. 

Result of Voting for Five Members: Mrs. F. Leventon, 382; Mrs. L Baker 349; Mrs. E.A. Cartoxa 322; Mrs. E Leggate, 309: 

Mrs. K. Rossington, 257: (The foregoing Elected to serve for Two Years): Mrs. I. M. Clegg, 25L 

SOQFTY'S 

1950 

CALENDAR 

May 15— 

Quarterly Meeting. 

1950 

May 19— Loan gx Special May 

Loan 

29— 

Books 

Wlut-Monday 

ready. June 24— Quarter End. 

1950 

Aug. 7— Bank Holiday 

RIRECTORS' REPORT~ 

Time of Count: 

The count will take place on 

an 

tbe 

independent 

Monday evening 

person to 

commencing 

be at 5 

appointed 

p.m. This shall be in charge 

to 

cf a 

this position. R.~ 

be 6e clerks from the Head The staff 

Otfice 

who will 

and 

be responsible «~~~ 

Candidates aml various 

their Rights: 

departments to be chosen by the Managing ~e y 

Each candidate will have the 

desire 

right 

to 

to 

do 

be 

so. 

at the coxmt and' 

The name 

bring 

and 

along a scrutineer on his or her 

Frxday 

acklruss 

previous 

of « the 

the 

rutfneer to be 

Quarterly 

submitted ro the~ 

In tbe event 

Meeting. 

of a 

The 

tie he 

Returning 08icer's 

will also 

decision as 

have 

appertammg 

tbe casbng vote, or he can make apy desssiou 

renovauons arenmde mpfete 

we will 

alteratioxm to rh Drapery D p confident that sax«a 

bavathe 

these 

and we would 

fmest 

ask om~«bear' 

showroom fn Lxncxihx or Lincoln«hire. Work wdf 

eam your with us whfh tbm j mkbxg place, ns when the job is 

P~ 

appreciauon and support, 

coxnpfe« 

Fuller details regardiug this xxmtter wiB be given m 

of a . shop on 6e sxte px front af tbeAEU. ' fd~ 

Club m Sdver St' « the eet. Our architect xs at the present mome r sxritabfe p sns, 

Co 

~%+v a fuascfam boot 

puratfsmand the Mimsuyof Works at an early date- ': '". and shoe shop on fr i«ho~ 

, ;p mean that 

this 

the 

site. This wiff alluw an extension of the Form« ~end 0 weald 

ttittfng Deparunent, ~~d details will 

which 

be is aho cramped for space, coxdd cxu ~Cafe Aaassa 

triven on this subject in subsequent reports. 

Yours faithfully. 

t«..s't; N. JbEU. Sftsa— We are pleased to report that the Corporation have- given thmr suppo . — 

4+Ns st(l 

o 

s 

-=-

BOARD OF DIRECTORS 

PRESIDENT' Mrs. C. I, Brooke, 

LINCOLN CO-OPERATVJE CHEI'QSTS LTD, 

DIRECTORS: I'Jr. F. H; Trusvell& Mrs, 

Mr, L, B. Clarke, Mr, S, 

Mrs, D. M. Dixon, Mr, S. 

Mr, Z. G. Fountaine, and 

SECRETARYI Mr. Duncan McNab, A, L.A.A, 

Regi tered Office. ' 

FPZZ SCHOOL LANE, LINCOLN. 

0, G. Deer, Mrs. M, E. Richards, 

T; Buttery, Mr. W. H. Hartin, 

J6J. 'Messenger& Mr. J. Z. Harrison, 

bJr, J. Campbell& M. P.S. 

TRADE ACCOUNT &: BALAJ'6CE SHEET FOR THE HALF ENDED 2 th March 1 0 

To J&Jages 

National Insurance 

Rent charge L.C.S.Ltd, 

Lighting &6 Heating 

Telephones 

Transport 

Printing & Stationery 

Stamps 

Travelling 

Cleaning 

Adm!n. charges 

s'd 

g 

4298. 2. 9 

~120 10 

127.18; 3 

29.18.10 

158;12; 2 

45;19.11 

8; 0, 0 

8.19; 5 

18; 1.10 

~16 0. 0 

t -=-~-;. -. ,.=, -.==l.„=;--==-,-. , -'', 

:;-:, 

To Stock trans. from L.C.S. 

Debts 

purchased 

TRADE EXPENSES ACCOUNT, 

::;,:=. '-". 

4418; 7; 7 

822.15. 3 

713,10. 5 

5954.U 

'.:,TRJ6DE ACCOUNT 

0, 0 

2, 2 

34453, ' 

Transfers from BALANCE 

I,.G.S ~ Bal, from 38,16, 7 

Trade 

Net Exs. sjc. 

surplus 5954;13. 3 

c/d 4951 2 ~ 

To B01 '«Disposablo 

'ns«rr d to L.C.S. 

g 59564,14' 2 

DISPOSABLE 

s d 

4951. 2, 2 

"v, Q. Q 

:..~Q=, Q, Q 

ACGOUI'JT, 

By Trade Account 5954.D. ' 

By Cash Sales 

Debts 

Dividend 

to L. 

Stock at end 

00 6066.U. 1 

g 

32804 0. 0 

0 ~ 0 

7674'. 6' 5 

18910 0~ 

g 59564.,%. 

By Bal. from 

Trade q/c 4951. 2. 2

Fdfosc-hfanhsis 

DIRECTORS' REPORT 

We have pleasure in submitting for your consideration snd adoption. the Report and Balance Sheet for the Half Year ended 

25th March. 1950. 

Safm.— The Cash Sales for the Half Year amounted to Kl,355,192, an increase of ji96,431, or 7.7 per cent over the 

cormspondmg period of last year. Since the austerity period of the war supplies have gradually become more normal and members 

have been able to purchase freely those goods which were previously difficult to obtain. These circumstances have contributed 

to the mmarkable Sales increases which have been achieved by the Society in recent years. The policy of your Directors is at all 

s to ssdeguard the invested capital of the members. As you will see froiu the figures as shown below. 90per cent of the members"' 

sham and loan capital is reinvested in Government arid co-operative investments. We think this is a remarkable achievement 

considering the number of new businesses that have been purchased during the past few years. Depreciation hss been 'stepped 

up and the Reserve Fiind has been considerably strengthened. It is hoped that in the not too distant future we wiB have the 

practically wiped out, which will not only strengthen the Society financiall but will increase the surplus available to 

membem 

The following figures reveal the progress being made by the Society.— YEAR ENDED 

25th March, 26th March, 20th March, 19th March. 

1950 1949 1948 1947 

Sales. ......, ................ ................... 82.672.100 .. 82.494,400 .. S2,062,350 .. KI,866,848 

Wages .....:-. ...:;...............-... '. -... '. .. fi332.871 .. f336,563 .. fi302,610 .. X288,261 

~(excluding Wages). ................... S.I46,760 .. f1141,144 .. KI20,724 .. f92;777 

Members' Share Capital ........................ III,224,793 .. II1,271r210 .. G.33~v .. El/24„817 

Loans and — Savmgs Bank ...................... f769,737 .. f791,853 .. f825.419 .. . 'E8fO;351 

Depreciation ..................;................ KN, 525 .. %33,242 .. f25245 .. &11;753 

Reserve Funds ................................ . K93n050 .. f86,000 .. f81,717 .. 874,300 

Annual Trade per Member ..................... f71/16/I .. 869 .. f58/17/IO .. . 854/7/I 

Members' Capital reinvested ..............~ ~ - ~ ~ ~ 90/o - 87,/a, ~ ~ 

Average Dividend 

86/o 

........... .............-...... I/fif. .. al/51 .. - 

Membership ..............,................., 

f/3J" 

.. 87,897 .. 36,449 .. 35,442 . 34.641 

2. -DividauiL — After allowing %20,552 for d/espracm'ticst and having Incmased our rss'cr'/as' hy R4 050, them renuibm a surplus 

offer,4g. Wa have pleasure in'mcommendinggf dbli'dead of fm 6th, pIus IcL bonus, rnikiiigea total of Ii. 7d. 

;a psijirgtmtce uf 

in th»pound. 

ymw support 

With 

we arb co'nfident that w'ii ' 'can ' 

maintain this'irscre'ase''ae'n'd ari strpatngcn ttf' 

Ktfry, s4ty ti'ade. 

ltmda deparlnmnts, 

piuticularly 

migM enable us to iummme the rate ofi dividend in.the futuite. 

3. Retfrement of Mr. J. R.'Ffal4—"We'wish~ reco'r8pttr vmyslncere thauk8to Mr/J. R. PisbL'Boots'ndShoe 0'epiar'tmental 

Manager, who retired on 31st March. havbrg seine to Lsnnridh'Socfety frmn'Cnsaiusbo'rsfugihi'n 

deparbnent 

1930. %Iten Mr.;-Field took.ocvnr 

it was not m a 

the 

very healthy state, befit Jia:~put itian 

Mr. and Mrs. 

its;~,ancLbss 

Field 

shmsnmrcellent results ever since. :fksth 

enfoy good health winch we bopy'tfmgvrii0 sfscecejr'fat iiumy' yriar's tu come. ' 

4. New Boot Mtmagsx. — We b'aytr~'dMi + E, Shaff'tnsuccead 

meut. Mi Field as Manager cif 

Mr. Shaw 

tbe 

is a Jksot+dShoe+Rigg- 

ynun'g fnmii~. 'htcafhkri~wfto piev'iou'slyiwas first assistant at Wahmlf Sociatjt s'Boot aind 

Department. i ";-o ItWtja 

- 5 - Wsfttm Dodgy FaxrrL —. Your Dnectcuahava pfaainiein announcing that they have purchased 

stfmmfy au attested 

Crange Farm, Walton, which 

farm when p~ - We were becomirg over stocked at Welboum. and it was necessary to 

mdat'e 

have more 

the 'cattle. ' 

The n/aw'fisrm is fnfirst~s order. the dwellinghouses and outbuildings having all been built 

Watt tm Naacp — We tuNe been anxiou'a to cpim a shop iu the village of Welton for many years so as to give an on-the-spot 

in the village and tha vitmusty. Tbs tnrrchatm2sy the Society of the business trading as~ 

sm tsr consolidate our pdsifion in ter iiiea. . 

Cm«af Prmmm .. .. ..Saturday; prior to Quarterly ~, 10 a.m. to 5-30 

12 'noon to 5-30 +~~tfLifi 

Cftg Ifruack 

p.m. 

Pnsafaa .. ..Saturday. 

Cnsntey prior to Quartedy Meethsg 

Branches .. ..I pan. till dom of meeting, or 5-30 p. 

~ 

Cgy Branches .. . ,Ceneral Otfice, Brscebridge, Sa~, ewPm ' 

~ 

Bracebridge Heath. - 'G. ms«y 

Wragby RoacL 

Branches. . .. ..Metheringham, Wsshingborough, Brauston, Samlby, '. Ske8mt 

Sleaford. 

bsjijuL', 

Market Rasen, North Hykeham, WsRJimmts- 

'-'ratitjj~u' ~~'~tbatu wRFbawfggmenIJ'situ:, ': , ~pfkt-

STATEMENT OF ACCOUNTS 

For the Half Year, 26th SEPTEMBER, I94l9, to 25th MARCH, l950 

Rscsipts S s. d. E s. 

Te 

d. 

Sales ..........................1322387 13 2 

.. Lincoln Co-op. Chemists' Ltd. .. 32804 7 9 

„Capital Account XII.— 

Members' Shares ............ 39448 4 10 

Loans ...................... 23770 18 3 

Special Loans. .............. 29347 17 5 

Penny Bank ................ 3924 17 

Superannuation Fund ....... 2618 5 7 

Stamps Sold ................ 2494 14 0 

., Expenses Account lll.— 

Sundry Rents, Ha&s, ikc...... 1552 8 7 

Bank Agency Commission ... 90 17 6 

Strong Room Fees. ........... 2 f2 0 

Pass Books, tfc............... 142 I 0 

Midland Laundries' Association 

Commission ............ 522 15 5 

W.T.A. Commission ......... 3 f& 10 

«, Fixed Stadt Account X.— 

I— CASH ACCOUNT 

— 1355192 0 11 

13131117 2 

e14 13 4 

Proposition Face .......................,. 78 6 0 

Sale of Land 0 Buildings ... f07 3 5 

., Live end Fixed Stock 209 7 4 

Motors. ... ~....... 2747 f7 2 

Farm Implements ... '. 

73 2 6 

„Trading Gub ................................ 

3137 14 5 

» Repayments — 46779 

Mortgages ...........~......... 6 2 

„Investments Account. 

19546 ..............., 14 5 

„House ........ Property 167789 

Rents 16 ....................... 

6 

» National Membership 1544 15 

Dividend. 0 

............. „Employees' Income 257 

Tax 8 11 

.~............"~ ~ - ~ 

Welfare 5961 11 

Association ............ 

0 

Savings 884 17 ~ 4 

~""~ .. ~ ~ ~ ~ ~.........~ 1260 12 0 

» Worliers' Travel Association ................ 200 

„Cr»op. TravelSerrice ...................... » ProBt on Sale of investments 

785 0 ... 0 

., T.G ............ Fidelity Repayment 

107& 3 10 

,. Liucoln CR»operative 12 

Chemists' 0 0 

Ltd. ........, 6 0 0 

r»R p ............,.... . f708235 I3 0 

Balk Withdrawals .............. „Cash in Hand. 26th 13&3768 

Sept, 1949. 

IIS 

.,............ 

9 

3287 10 

RI»5e2 2 25 

Payments 

By Goods Purchased 

,. Carriage. .......... 

E s. d. 

....1075304 13 

4325 18 11 



Loans ...................... 19759 3 6 

Special Loans ... ............ 40611 8 11 

Penny Bank ................ 9878 12 II 

Superannuation Fund ....... 5289 0 10 

Savings Stamps Redeemed ... 2483 3 0 

Crx 

1373!S72 S 

Iee7 13 5! 

„Additions— 

Land and Buildings ......... 23000 0 0 

(Agricultural) 17000 0 0' 

Motors ...................... Fixed 

10277 

Stock 

2 ................. 

6 

Farm 

1957 13 

Implements. . 3 

.......... House 

2251 19 fl 

Property ............. 3331 

Dairy Plant 

19 .............,... 

0 

792 14 0 

.. Isle I I 

Investments Account 

.. 

....................... .-. 2005 

Mortgages — 0 0 

House Property .......,..... .... 25571 10: .. Tniding Club 

0 

.........,...................,, , 466&1 19 ., Expenses 

6 

..............,................... 213941 4 3f 

ge Jetm Aeltpilteeee ' 

e ............ 2' 

Lieeehi DisrItIRAm 200 

egactesr «. R.. 2 20 

' 

gtkflegd ..Coe 'mfa' ..';, i 16 5 lg 

reihps»lysti "..;;',!:. "'.:::.; 4M45 5 

-perry-«y;. ' ., «';.''.t '~f TI t@g 66 

yg 6, ;-.«'.r. 'ri'. « 

ie37 

„Dividend and Int'e»est . .......... ... ... , 32160; I 4 

., National Membership. ........,....... ..... .23&&37.~ 

. Educatxm Grant;. ... 

„' Income Tax— Schedules»A» and "B" .....~ 7577 4 

» Non-Members' Dividend ..... .............-:40 I 4 

„Irieonie Tax deducted from Investments 

fncome ............................. ~..~ 193 

„Schedule» D» 

Instalment. 1949-50.~........ 

., Death Benefits Fund .~ .-. ~ . 

~ - ~ ~ - ~ ~ ~ - ~ 

» %'orkme' Travel Ase'ocfatfon ........,... 

.. o». r*': I s 

r~ 7 . , ', ' 

„BmDe iu ...... 

„Cash in HImd, 25thMarch«. 1950 ',..., -; 

'1473155 

"4«0 

* "sac+airy I 'I

v '"' 

Dr. II— BANK ACCOUNT 

s. d. If s. d 

To Balance, 26th September, 1949— 

.. Deposits.— 

CW.B. Ltd. .......~. ...1268224 16 

Midland Bank Ltd........ 145402 12 

37135 14 

I 

6 

1413627 8 

0 

7 

Te Wages, Productive .... 

Distributive .. 

39 Csrnng 

„Committee Salaries ........ .. 

Local Coaarllttcc Espcnscs. 

„Audit Fees. ............".. ~ 

8 s. 

45882 13 

108859 5 

9468 3 

225 10 

19 0 

230 0 

, Rents ...................... . 267 5 0 

gRates ...................... 6807 17 10 

Insurance ...,....,.... .:... 690 13 9 

National Insurance, ....,.. 6052 15 I I 

81450763 2 

III— EXPENSES ACCOUNT 

d. 8 s. d. 

4 

2$ 

2 

164210 I 

0 

8 

0 

474 f0 8 

I381812. 4 

, ", Repairs .................... 18113 Il 

rw Cas and Elecnicity. ...„....., 3568" 5 11 

Telephones ................. 942 18 Cf 

22624 15 8 

., Transport .................. f2223 8 I— 

,.Stacktalung. .. "'.—.;t.. .—.,=... - 95 10 .7 

..Prfntmg. Stationery, and . . - u-, 

vertisu~. .............. ' 3663 19 

~.Stamtm aud Cheque Books. . 892 

-' Ttnvefhng 3:;-,.-,v.,;: ...... 792, 7. -III 

70 if 2 

- Gml, Coke, &c.............. 4252 II 0 

.6 Qoartcrfy Meetings. ......, ,j4 L7 

448,.2,.6 

9, Professional Charges. ....... 188 7 .0 

- Workmen's ' 

Cmapanm iron .. 77 

6 Bank Charges. .............r. 577 

btterust as per 

' 

'0' '5''" 

t V. 1000 0. 0 

Cr. 

By Withdrawals . 

~. d. E s. d 

Co-op. Wholesale Society Ltd. 1231363 2 9 

Midland Bank Ltd. ........ 151828 12 7 

„Bank 1383191 

Charges. ....... 15 ............. , ...... 577 3 

„Balances, 25th March, 1950— 

CW.S. Ltd. ............ E65205 II I 

Mdland Bank Ltd. ..... 1788 12 9 

4 

5 

66996 3 36 

By Sunrby Rents, Halls, &c.... 

~ Bank Agency ~ion. ... 

., Strong Room Fees........... 

„Pass Books, &C.............. 

..MirBaad Cooperative Leon 

Commission ............ 

., W.TA Commission. ........ 

8 s. d. 

1552 8 7 

90 17 6 

212 0 

142 I 0 

522 15 5 

3 18 10 

H 9 ~ M 

Account XI.— 

Survey Fees. ...,..... 35 14 0 

Insurance ............ 103 6 9 

—3' 3 C 9: 

Cbeudsts Ltd.-.. ." 

„Net Expensru to Account VL 

Produc6ve ....,........ '84532 12 

Distributive. ,;......... 151574 16 9 

81450763 2 7 

2314 13 4 

139 0 9 

5954 13 3 

236107 9 2$ 

"t:

Dr. IV— HOUSE PROPERTY REVENUE ACCOUNT 

To Repairs ........... ~ ~" 

,.Rates, Insurance, ac. . 

.. Interest Credited — Account V 

„Depreciation ........... .... 

,. Balance to Account VII 

To Interest as per Account XII. . 

., Balance to Account VIL ...., . 

s. d. E s. d. 

490 16 2 

265 0 6 

755 16 8 

102 0 0 

381 19 0 

483 19 0 

304 19 4 

SI544 15 0 

V— INVESTMENTS REVENUE ACCOUNT 

s. d. 

27473 16 4 

1305 11 0 

VI— TRADE ACCOUNT 

s. * R ad. 

By Rents .. 8 

1544 15 0..:- 

By Investments Account XI.— S e. ' 

rb 

Interest on Sluues .......... 1706 8 7 

Interest on Loans ........... 23722 . 7 7 

Interest on Mortgages ....... 2248 I I 2 

Interest Charged Expenses 

Account III .. . . .. . .. ....... 

Interest Charged House Property 

Revenue Account IV 

ToStcck in Himd, 26th SePtember, t949...,.... ,. 276884 0 0 By Net Sales» ...:;.:„;. 

1000 0 0 

102 0 0 

Cr, 

rw» t»»:. 

S- -a»4!: -' 

1102 0. ; 

'-'-,:... .......,..„r....:..:»».I~ 

„Netlrurch»arne ..er. .................. ... 7v 

-.'. .RI33318 1 Q „Stock LincohtC»o". ~, Chrmuatm'Ltd. -......—. 14158'0 0 

Drridend on Purchases .. ....: . ..;;.-,.. 84538 12 .. ~~g~pl" i'.-'; ', 

5$ .. Transkite-Fuyatrses '..............,..:„'... ,....r....SISI$74 -,':. :„ 

76» 9, . ,. T~Lsuodhs Co»mp» Chermatm Ltd, ..,»+i' 

TZauakss, Lincoln. Ce-. op, Cheuiieta, Ltd. ~.... 7674 6 5,. 

„Nit~ to Account VII . .:. 93450917 .'2 

r»a»» s Il 

r,ki647434 14. 6, :: ".' 

VII—. DISPGS»ABLE BALANCE::A'ND FINAL 

To~»i~ 

o»gllocattcm tm3 

o Plovtssott, fer . 8out SSIIa 

' ' ' 

- *' '": ' 

IS00» 0 

..So'ck in Hsuiiif, ,25tB,'Mardi, 1950.. ';-;.*;:.';;:--. , =' 

. 

' 

=-~~~a 

»:. ... . ' ' . . 9 

::—. 

R ". ' "'Wg

ylil —BALANCE SHEET OF FUNDS AND EFFECTS AS AT 25t}, MARCH, 19511 

LIABILITIES 

Stuues Withdrawable. .......... , .. 

Loans and Accrued Interest. ....... 

Special Loans and Accrued Interest 

Penny Bank and Accrued Interest, 

Undeimed Share Balances. ... .. . .. 

Uadaimed Penny Bank Balances. .. 

Stamp Qub. ................ ...... 

Reserves and Other Funds- 

Gcneral Reserve Fund 

Death BeneEts Reserve Fund. .. 

, ,Trading Qub Reserve Fund ... 

Othe'1 LiabiTities- 

Superannuation Fund ......., .... 

Creditors for Goods ............ 

E'xpenses ......... 

Caal Accounts paid in Advance 

Bred and Milk Chectm Outstanding 

Cooperative Travel Service. ...... 

Provision for Income Tax. 1948-9-50. 

Esdmated LiabOity to Ftotu Mills 

Control 

Share Interest not yet credited. ... 

Balance Disposable as per A/c. VH. 

I 

ui ~ 

I 

Previous 

Cast 

252202 7 

401708 lz 

115825 11 

1713 13 

54 12 

12i5 6 

80000 0 0 

11000 0 0 

2050 0 0 

137951 6 0 

87628 18 10 

20363 9 I QI 

867 9 0 

4146 16 IOI 

576 0 0 

24000 0 0 

9000 0 0 

155 '0 0 

I tl 

s. d. 

1209293 7 11 

7 

2 

41 

8 

0 

772720 2 9$ 

93050, 0 .0 

284534 0 7 

92941 Il 

E2452539,2 7 

ASSETS 

Stock in Hand 

Expecsed Stock 

s. 

273879 0 

2376 0 

Land and Buddmgs 180000 0 

Plant, Fixed. and RoBing Stock. ..... 73000 0 

Agricultural Property .............. 30000 0 

Total Used in Trade. ......... 283000 0 

House Property ................... 9750 0 

Investments— 

Shares ...... 

Loans 

Mortgage s 

Debtors— 

Members, glc. .. 

Trading Qub. .. 

Lincoln Cdsmperktive Chemists' Ltd. 

-Accounts Paid in Advance 

Cash in Beck, 25th March, I950— . 

d E s. d. 

0 

1 

0 

0 

0 

276255 0 1 

0 

0 292750 0 8 

90653 5 3 

1538767 0 

.. 103405 il 5 

1732825 16 9 

43903 14 0 

15337 13 5 

Co~erativeWhotesaleSociet'yLtd. , 65205 it 

M;dtdud Bank Ltrk ....,......;,, " 1788 12. 

IX—. 

LAND AND BUILDINGS ACCOUNT 

AddiYions 

I 

9 

59241 

I8905 0 0 

2058 5 6 

66994 3 10 

Cash in Hand, 25th March, 1950...,...,........ .,. 3509 9 0 

This 

Period . Total 

E2452539 2 7 

AUDITOR'S 

Te REPORT 

Ihc Mdmfcrd of the Lmcsfa Cocdpciatflu Society Limitah 

' 

Ladies and Gentlemen, — Tbe undersigned, having . had 

Sarfetyd and 

access ta aB the 

having 

Books, 

examined 

Deeds, Documents 

the 

and Acceunts of the 

foregoing General Statement 

aml 

and verified the same 

Ydmchcrs 

with the Books, 

retatfrtO thmute, 

Deeds, Documents. 

now signs the'same as found to beconect, duly vouched, and in ~ce with law. 

Audht'OIOcu. GWS Ltlk;.Corfroratioa'Street, Manchester. S. BARLOW, ASIA., dtpprsald Amfitcr. 

zbd Itfey, 7950. 

::E a..d. 

3QI?Q?.—:T6 

37683'f5 7 

I2IW40 ? J~@=@@' 

'I949 

K a. if. 

24NQ 0 0 

24NO 0 0 

5000 0 0 

14NN 0 0 

4080 Q 0 

i d. d d. 

t957 13 3 209 7 4 

10277 2 6 274? 17 2 

792 14 0 

2251 19 ll 

Ilul . 8 .II ldci,i I 

Depreciet'ion 

25th Mar. 

1950. ' 

Yalue ' 

E md 

9792% "f 224690.13 2 

'300 -O '0 .f8683'-f5 7 

38t:TO 0 -. 14831' + 7, 

' ll' '-Si 5'I swt: li issslii 'v -"leal s:i-'- 

Tatd 

E s. d. 

25748 5 Il 

31529 5 4 

5000 0 0 

14792 t4 -'O' I 

6178 17 

E s. d. 

171 19 4 1576 6 7 

s5529 5 4~ 

500 0 0; 

1792 14 0 

678 t? P; '.;+. 

s. d 

'249N 0 0 

26000 0 0 

4500 0 0 

13000 0 0 

I

SHARES Rate 

Gsop. Wholesale Society Ltd. . 

Wigston Hosiers Ltd.......... 5 

p. Prioting Society Ltd. .. 5 

Paisley Mfg. Society Ltd. ..., .. 2I 

Co-operative Press Ltd. ...... 3 

Alcester Prod. Society Ltrk. .. 5 

Macdeslield Silk Mfg. Soc.Ltd. 5 

Leicester 

' 

e Build 

Balance 

last 

Half Year 

s. d. 

86605 0 0 

50 0 0 

25 00 

50 0 0 

1500 0 0 

10 0 0 

50 0 0 

XI.— INVESTMENTS ACCOUNT 

Dividend 

Deposrts Interest on 

Purchases 

s. d. K s. d. X s. d. 

1623 16 IOI11050 4 7 

117 6 30170 

216 3 

013 9 

2210 0 

110 0 

315 0 

Totals 

s. d. 

99279 I 5 

82 14 6 

27 16 3 

50 13 9 

1522 10 0 

II 10 0 

53 15 0 

Transfers Btdancc 

Withdrauur to 25th Mardk 

Loans 1950„, , ' 

Q. s. d. K s. d, 

12674 I 5 

32 14 6 

216 3 

013 9 

2210 0 

110 0 

315 0 

B a.d. 

86605 0 0 

50'0 0 

25 0 0 

5000 

1500 Q, Q 

10 . 0" 0

*'* 

XII— LIABILITIES AND RESERVES ACCOUNT 

Balance, 

26th Sept. , 

1949 

I Contributions 

f Interest, 

f Disposable f 

Balance 

Account 

s. d. E s. d. I 

f ... f1242072 6 S 5 s. d. f 

, 3944S 4 10 I* *15322 19 0 I 

Undaimed Share Balances. ... .. . 1713 13 8 

n 'med ' 

Penny Bank Deposit 54 12 

s .................. ... .. 245453 3 11 I 

I 

2377p 

Locum " """" -"" 18 

f 409044 3 -' ' 

p ~ 29347 .... 17 5 3928 p 

i' 11944r 15 0 I 

S~t G„b...., . .. . 

3924 .. . 17 

, 

I 

1203 15 

1431 

0 ll 5 

2494 14 

, , 133291 

0 

I !0 IO ' 

2618 5 7 2665 16 6 

D th eBtsFund . .. ' 

10000 0 0', .... 150 0 0 

Ckd, R ~e , ... , .... I 2opp o o . 12 o OI 38 o o 

12241281 0 0 I 101616 17 2f27473 16 4 

! 4664 13 

s. 

38430 

1800 0 

3009 2 

f 

Tote Is Withdrawals 

Balance, 

25th March, 

1950 

d. f S s. d 

2', 1335273 11 5 

d. 7 

III0386 S s. d 

10 2 1224793 7 

(F) 93 II 

13 

1713 13 4I 

8 

54 12 1713 

0 

13 8 

l 

; 271961 II 54 

I 

12 

19759 3 

0 

442320 I 252202 

I 40611 

7 7 

8 

124804 3 6 

401708512 

8978 

2 

12 

3698 9 115S25 

0 

11 I 2483 3 

4I 

143240 6 10 

1215 6 

5289 0 

0 

80000 0 137951 

0 

6 0 

13159 2 7 

80000 

2159 

0 

2 

0 

2050 0 

11000 

0 

0 0 

2050 0 0 

47903 17 2478275 li 

Sf 2fl8976814 5lf222I814 76 84 

6nre' de "Share Interest Due $15,500 less Overestimated last half-year $177 Is. Od 

EDIICATION COMMITTEE'S REm' R7 '::i.:". . HALF YEAR ENDED 25th MARCH, I959 

FsffsaeNonbers, 

', We have pleasure in submitting for your consideration and adoption the Education Committee's Report and Cash Account 

' fer 'the Half Year ended 25th March, 1950. 

'' — Ckeraf Association. —The Choir has given two Sunday concerts this year in the New Co-operative Hall, Free School Lane, 

Liacolii; The attendance at each was good, and we trust is an encouraging sign for similar future events. In addition, the Choir 

has visited Newark, at the invitation of the Newark Co-operative Society's Education Committee. Several local concerts have 

also been presented. We record our pleasure at the recent successes gained by the Choir at the Lincltln Music Festival. held in 

March, 1950. Ia the Mixed Choirs' Class they came 2nd; Contralto Solo Class, 'Mss M. Bemrose was awarded 1st place; 

Mrs. K. Hitldmarsh was 

tbe placed 

Contralto 

3rd in 

Duet 

the same 

Class. 

C!ass; and M'2ss M. Bemrose 

Cmtcarm and 

aud Mrs. 

Fihn K. Hindmarsh were awarded 

pp,s 

Shows.— 1st 

gqod The "Society Seven" p!ace 

foOowing 

in 

'. wherever Concert Party 

iceuld'not 

it has has given 10 

see 

presented concerts 

the a show. in 

shows In several cases the 

the 

was hails 

country 

the werefilled 

areas, 

limited s 

to 

and 

seating 

has 

capacity, 

budt 

accommodation. and the 

~ttth Fihn shows have 

only 

been reason-more 

~ 

held at Bardney, St. Ciles, and 

~ v, 

(e) Woodcraft Folk— We are able 

ara 

to 

still 

report that 

desired. 

the membeisbdp of the' guilds'have 

(6) eaft8t5d Group is 

Youth 

now 

Cluk—It 

improving 

is slightly, 

gratifying 

though 

fairly to 

new 

'4 constant, repast that 

saffd8s~ with an our Youth Gub 

nine 

average continues 

guilds atteadance ef over 50 to 

have members 

Sourish 

almost per 

and 

week. 

that 

ccanpleted 

membership 

their 

is 

&dtfusmefrom time to wintey 

time. — 

pregraamies 4 annual 

ln Manyinteresting reports of the 

conjunction talks and k8stures 

respective 

with the Workers' have been 'ven by prominent 

appeared 

Educationcd"44ssociatfon speakec's 

and 'e at the 

guilds several 

meetings. 

classes have been held 

tmder 'review, coveraig among;other'' 

The'Peried subjecis;. ' 

'8sf."theiRfse2cdrtbe, , 'Iritermttion'af " Atlairs, "7Lit'erature, " C6-'epads8rative "Mediaeval " 

Movemerit '- 

and "Psychology." Guilds, 

An infoanal dass for 

"tg. +„fenders. has also 

gmamgd been'hefd 

the 

'at 

ches BeaumoritFee, lradco1a, .4extenchag ' membeiij'settled ' ' 'dawn't'o oyer six weekly 

under, 

a feagy InTo~'e arid 

meetings. 

cbscut8 sfondwas " ' ' " 

helpful'eouise, 'a' After rather 

total-'of an 

' 

Educotam aader 

" keveri .'19447Aet,"' 

with' beneBttia'g 

the frf iin 

:.— Tfm 

main 

respons'ct es.which. have ~, fof~has se, 

.aotrldt, the~ bedectr 

o~f" cbscappmttjagfyptoor 

espoiulencec'auacm's, aad tbcmgir'a=:maacber'cif, 

riie7mg'reft7te': 

'the. 8dttf'Bnci, ".6";. 

+thar"mtat'ciresiart'ealy'iifre'e 

w~~tgttW~t58tt~ m, tte~~e,ct7ect9~ 

~':ev- . 

- Q-':-'-. =jkg 

, „;, '" 484"5~ha' 

. 4&58 

81'rblaj68 

'. ' 

;,i";:, ':, g~ . 

=-.c7"cc

10 

EDUCATION DEPARTMENT'S ACCOUNTS —Half Year ended 25th March, 1950. 

RECEIPTS 

8 s. d. 8 s. .d 

To Balance to Begin— 

Cash in Hand ...... '.. :....... 2 9 I I 

C.W.S. Bank ......: ...,....-:..: 99 12 I 

,. Crant from Soriety .. '.'. .....'.....'.. 930 6 6 

„Employees— 

Social Insurance ........ ..'.... 21 6 10 

Superannuation .......,.....;... 7 0 10 

Welfare ...&i.; .. ..,=L..... r .. I 14 8 

. PAY%. =,.;r.'.:t....».........,.'-12 4 0 

!~42 '6 4, 

„Library —. ' 

-&&Literature. ".'.....':.........„. .;:. 66 5.4 

Subscriptions, Cards and Fines .. 5 'l2 

Loan of Backs ................ .. 73 10 I 

Sick Appbances .......... . , ..... 22 0 2 

167 88,0 

PAYMENTS. 

8 s. d. 

By Committee Fees. ...................... ... ... 28 10 0 

„Committee Delegations ............... ..... 46 0 

Wages ............. .....~;.. »&. .... . 397 10 0;i 

„Employees — 

E s. d. 

Social Insurance .... ........... 39 8 8 

14 I 8 

Superannuatren ................ 

14 8 

Welfare .................,......„.I 

... ... 12 6 .0 

PAY.E. ................, 67 II , 

52 10 .0 

„ Guibl Grants .................... 

A{BIIations and Donadons. ..... . 10 15 0 

63 5 

„Film Shows, snd Ampbfjer. ....... I I 17 0 

.. Repairs to Projector .........., ., 46 10 0 .„-, , ;"j-:=' 

„Concert Party Dree's .............. 27 II 

„Concert Party Fees. Hall, etc. ..... 68 

., Concerts snd Film .* ~l' I'&.":gr''&trf, ",'.2&", '~:.64&, ",09;::5"=;, r&t. 't&'.Chrdr r»&. . ~ ~...~ .; .: ...~. . ......, .;~"'.... 57 0 2 

Ifates snd, gepsus „..„.. '...,... '..., 

",. "..~ 

'-" 

, . 39 0, 0, „Geamng of Preunses». .., ...,....,,, , & 

- I 24 4, „Literature ........................... 

,„,Bsnlr. . Inierssg. . ....t..........»,.-..»....,.. 

Text and Note Boob''s. "''","'.""':+i";~5&'r- t&'+&, "i'. !':"".0'!lI'' '4"'".c, I co Libriiry Ieetuaisifes . '...............125 10 9 

81444 3 5 

f11444 3 5

UNCOI N SOCIETY CO-OPERATIVE PARTY 

Froaij.hfcmb rrs. 

REPORT FOR YEAR ENDED 25th MARCH, 1950. 

We have pleasure in submitting a report of the activities of the local Party during the year. 

ug Conference. —The Annual Conference was held at WestonSuper-Mare, and the Party was represented by two 

delctstes Mrs. F, Leventon and Mrs. A. M. Willcodr, who brought back good reports of the pr~ 

Wmk End Schaah —Delegates also attended the Week-End School, which was held at "The Hayes, " Swanwick, end Mr. H 

Welk brought hach a very interesting report from the Week's School. held at Dorking, Surrey. 

wss speat. 

rafive Reify.—The first Cooperative Rally was held at Scunthorpe in September, arranged by Scunthorpe snd Disuict 

Party. Several of our members attended and reported that it was a success, and hoped the Party would continue to 

"Evsbfhg.— A Social and Dance was hekl on 13th December, 1949. This was well~and a very pleasant evening 

.— An Individual Members' Meeting was held in the Cafe Annexe on BMt January, 1950. The speakers 

warn Mr. G. de Fsutas, Mc P., for Lincoln. and Mr. C. A. Shepherd, National Organiser of the Co-operative Party. Tins was well 

Mr. C A. Shepherd also addressed a Council Meeting in October, 1949, which was held in' Committee Room B. 

The attendance at this mseting was very disappointing. 

Ehren Executive Committee, fo'ur General Caunml, and three lndividud Members' Meetingh have been held 'during the year 

Memhemhip. — The membership remains the same as last year; we shall be tdeased to wekome new members to our Party 

Coatnhutions fo ": are now due. 

:-vi'';, : "',. 

IkT~ sgCWS. Bank '. , 

- Gmm from Smmty .. 

ery Eiecfio~onatlon from 

e Munbers' Subsniptions, .........~ ~ ~ - ~ ~ ~ 

,.Sales of Lherature .......~ .~ - ~ ~"~ ~". 

- „Bsnk interest ............"""-"-"-. 

,. Social Evening 

. 'I have examined the Co-operative Puny 

Accounts and hereby certify the same to be 

himdust . 

hd hf~, 1950. 

fk BARLOW, AS%A, 

Approced Audrtor. 

60 0 0 

419 0 

060 

013 3 

1914 8 

f334 I I 3 

F. GRAINGER, J.P., Presidem. 

K. ROSSINGTON, Secretary. 

TEMENT OF ACCOUNTS FOR YEAR ENDED 25th MARCH, 1%0 

E s. rL 

%,7 8 

013 3 

151 17 5 

PA~ 

By Propaganda and +~a~ 

~and Cheque Books 

and~ 

, Delegation Expenses ----"". 

ht imbour Party ~ ~ . ~ ~ ~ ~ . 

Newark Labour Party 

„Aifiiiation Fees .-. ~ ~ ~ ~ - -. 

Secmtary sH~ 

Socbd Evenmg ""-".""" 

Ihd~m —C WS Ihmk 

— Secretary ~ - " 

E s. d. 

718 0 

213 0 

3 8 0 

53 76 

6210 0 

50 0 0 

510 0 

10 0 0 

3517 0 

IO7 8 6 

0 19 

0334 11

glllmla1 gttl.'ISfllllg 

FUIN'ERALS and CREMATIONS arranged in accordance 

with your personal wishes. Every detail attended to with 

dignity and efliciency. 

Free Death Benefit Scheme 

WHERE THE SOCIETY UNDERTAKE THE FUNERAL 

BENEFITS ARE INCREASED BY 100% 

Telephone —1815 Ex. 16 Night Calls—513 

THE HUMBER PULLMAN 

LIiVDOUSINES AND HEARSE 

of the 

LINCOLN CO-OPERATIVE SOCIETY LTD. ' 

FUNERAL FURNISHING DEPARTMENT 

The ultra smart and Iuxarious Lfmouiines are also available for PRIVATR IIIR 

For Terms, Phone 1818, ext. 48

$ 

vvovvv vov tp vvvv v vvv v v v vv vvvvvvv v vv 0'vvv snv vv v v+v 0vvvvvv vvvvvvo ttt tSro tpovttt ttt \ 

t st tp tp t to so tB 

TI-IF. LINCOLN 

CO-OPERATIVE SOCIETY LTD. 


"'-"~&:-'. , '. ': 

' ~ 


QUARTERLY REPORT 

for the Quarter ended 24th June, 195'0 

NOTICE IS — HEREBY GIVEN THAT THE GENE14LL 



NEW HALL, FREE SCHOOL - LANE, LINCOLN 

on MONDAY, 21st AUGUST, 1950 

COMMENCING AT 7M PJIL 

CE IS HEREBY GIVEN THAT BRANCH QUARTERLY MEETINGS WILL BE HELD AS FOLLOWS ~ I 

At NORTH HYKEHAM BRANCH PREMISES ( ctaetcntatiuc, Mr. E. C Fountains)t 

Friday, 18th August, 1950, at 7 p.m. 

At WELBOMIN BRANCH PREMISES ( ptscntatiue, Mr. Stt W. Messenger): 

Friday 18th August 1950 at 7 tsua 

oo I At SAXILBY BRANCH PREMISES (Ihprcscntatiue, Mr. W. H. Martin): 

Friday, 18th August, 1950, 

At SLEAFORD 

at~iLI. 

BRANCH PREIh(ISES (Reprcscntatiuc, Mr. L. B. Gnrk ) t 

Saturday, 19th August, 1950, at 

At MARKET RASEN BRANCH PREMISES (Reprcseetatiur, Mrs. C. I. Brooke) t 

Saturday, 19th August, 1%0, ag 

At SKELLINGTHORPE BRANCH P~SEnl (Rsprctsattttt()trn. Mr F H Truswe)I)t 

' ' 

Saturday, 19th ~ August, 19BI, a9 ~4'tttu 8 

t v s v «vs* vsw h wv h 

n444 

4444444444444444444444444444444444444444444444444444444 

thnoutnntive Printins Soeietr Lttt. , New htonnt Street, Manchester t. 

44ats 

eh 

ct 

ct 

4 

ct 

4

;LINCOLN CO-OPERATIVE SOCIETY LIMITED 


Prcrii1cat r Mrs. C. I. BROOKE (10). 

Diredarr r 

'Mr. F. H. TRUSWELL (11). Mr. L B. CLARKE (12). Mrs. O. G. DEER (11). Mr. S. W, MESSENGER (12) 

Mr. W. H. MARTIN(12). hhs'. D. M. DIXON (11). Mr. S. T. BUTTERY (10): Mm M F. RICHARDS 

Mr. J. E. HA'RRISON (12). Mr. E. C. FOUNTAINE (11), 

. Afaaagiag Sccrrtmy r Mr. DUNCAN McNAB, A.LAB. Antstaut Secretary Mr S BETT ACSA 

S: BARLOW ASIA C.W.S. Audit Department, Manchester 4. 

.k Minutes of last Meeting 

X Directors' Quarterly Report 

' 5. Ehction Procedure aud Young —. 

Frgures in parenthesis denote Directors' Attendances — Possible 12. 

AGENDA 

"The Directors discussed the remit hack 'of the 

paragraph dealiog with this matter which appeared 

in the Directors' Report for the half year ended 

25th March, 1950. Full consideration was given to the 

various paints raised but as it was felt that these 

1950 

.--August 2l~erfy Meeting. 

- 

September 11 to 16— Penny ' Bank Books to be brought m 

SePtember 30— Half Year ends. 

OF BUSINESS 

SOCIETY'S CALENDAR 

rteun were fully covered your Duectors have ne 

alternative but to'bring forwaid and ask for' acccptano'a 

of Item 8 in our previous report. " 

4. Notice of Motion for permission to" hold a Special 

Meeting, to alter Rule. 69; Clause. (g). to be moved by 

Mr. C;-Dean and seconded hy Mr. S. K. Dix: 

Delete the rest of the clause following the words 

" Board of Directors, " which reads, "providing that not 

more than three employees shaB score at any qne time. ". 

5. Questions. 

1950 

October 25 to 28—'Loan aud Special 

brought in. 

Loan Books to be 

'I..RULES~.Notice of motion must. . days' notice is 

he~,nt 

rsqaircd 

writing no less 

of 

dmn. 28 days prior to the dam 

any~to 4 W ~'mug 

a'opositmn ppearing on the Ageruhu: 

2. That no member be allowed to speak more than once on any motion at the Quarter)y or any o~ 

cmmpt the movem of resolutions, mouons, and . 

amendments who shaB be aBowed a reply; and no memhets shaB speak after such regdyr 

3. Whenever amendments are made upon orfghud pr~, ~~ 

the first amendment has been 

no second~ts R~~ 

isposert of (e) if 

qumuon a first amendment 

t (b) d dm fia» 

be canied it shaB rfispia+ 

amemhmnt he mtmuvmf then the sc d may be moved to th 

)ursa' a'ngfrt of 

sbaB mpfy; munedm'fely 

bc skewed after wtuch 'the 

mepsak mme 

question shall be 

than pu 

once on ke same ' 

of the chair be ' 

cegerb to the unless 

be 'ven 

a paint 

for persomd~ 

uf -order. 

4. T~h IMo ofR oI~o b 18~~v th 

5. Wh moti o 

that th ~hasbee motion bef 

d 

the 

d ended. iti ope «anyuu 

on 

Meetutg 

the ' be 

motion ot 

hefom 

ut 

th . p The and d 

~ e msetmg 

secon cr o 

6. A motiononce~ t n 

q be reacmded at any meeting wit)rout due nuotfce Imvmg been tpven. 

'Sheet whack are tmm to tim Secretary before the General Meeting, 'shaB have 

10. qr ~- O Ms ~y e suspended ' 

by the 

' 

to that 

votes ~ .~-lbthn~ qt~ 

.~

*,I r' 


g f'cfkrs. Members, 

9 „We have pleasure in submitting for your ehnsicteration and approval our report for the Quarter ended 24th June, f9M. 

(I) Sales.— The Cash Sales for the Qmuter maounted to 6678,890. being an increase of 630,23 I or 4.66 per cent aver the . 

period of Inst year. Several'large ckniy accounts were outstanding at the Quarter end amounting to approximateiy" 

wfil0 000, these have'been pakt. in the. c'ctfrent Quarter so that the increase in trade can be more accurately expressed as 6 'per cent. 

9@g~gat housemcves will be iiware'of the rising foo'd bills and good increases have ' 

been made by the Grocery and Butchery 

as 

Departments, 

th'ac t'cadency is for the purduwing power to shrink and food is the fir'st priority cd thc family purse, the Dry Goods. 

@~~tv "arc flnding it increasing)y difficult to maintain their comparative 6gures of sales. The Drapery and 

n~xg+lepartment is to be Milfinery 

completely modemised this Quarter by a finn of West End Shopfitteis, and when completed should be the mocg ' 

"'attractive shop 'of its lund m the county. We cun6dently expect that this costly improvement will be greatly appreciated 

mhem acid tb'iit increased by our 

sales will folknv. Shetdckthis be so we shall be eiico'ureged to renovate other Central Departments 

rr+~so that our Central Premises will be a credit to the Society. 

(2) Membership. — The present membership is 38313, an increase of 4I6 for the Quarter. 

(3) Motor Coach.— We have pleasure in announcing that we have purchased a motor coach which will be delivered 

ble for 

and 

hire ai-frtzsc August Bsakdfiolidc(t»i T'bci coach, ':a 33-'seater, wiB be the last word'm luxucry)'and particular attentioh = 

p~been paid to ensuririg the maximum comfort to passengers. When any of our members are ' 

contempbiting an outing they should 

to the General OHice for 

jggpfy 

a quotation. 

* 

(4) Festival of Britain.— The ni'spouse ~ 

to nur annocu(ec'erimnt that nexzyesz'9»mtguhcm' o»fing would be a visit to the Festival 

@ 

g/Britain in London has been magnificent, and the train that has been reserved "on our behalf is already full. To cater for the&. 

f~fy members who would otherwise be diaappcxntgd ~repose ta ttubse the new iaotor ebsach to convey parties to the Festivaj. 5, 

(5) Dfvfdcmd on Tobacco.— Youf Dsteejo'ra 'liar'e'JcPecified tfi' Hcfircifiucfi tFce 8d."(frtdfiend on cigarettes and tobacco as fromrg 

ke commencement of next Half Year. This decision has been made in response to the appeals of certain members, especially. I 

:uld age pensioners. The Directors hed to 'consider the ve' ry small margin of pro6t the Society receive in retaiTing dgarettes and . " 

'; ttrhacco when malnng this decision, but they feel that'tlm rmntroducing of tbe fid. cfividend will be of great benefit to many of our. 

(6) Cbrfstmm Bazaar.— The Kiddies' Gcristmaa Toy pajris to be fepeated in the Chapel this year. With the removal of 

9Q Food Offire from a part of the ground-Hoor create spices "wm be'available, and it is hoped to indude a amaB roundabout in . 

'gddtticm to other working attractions which should make this year's fair the beet we have put on. 

' 

'nvr', .»r'r'ci-:»"' , I (7) hyrzhfre Cattle — During the pcwt~warficd''fba Sacristy havoc. )reen suofjsmbd in obtaining many awards at various 

'Shows. It is our inteiition to nntdcr ccacir'her'd at Walton i'nd»Welbciuni one of thefinest in the country, and next year -' 

s 

hope to compete at the Royal Shaw, which will be held at Cambridge. 

g ', (8) DmMington Road Housing Estate.— We have been. successful in getting qmte a large percentage of houses on this estate " 

,- +e firmed m " near ripe, " which will mean that they will not bear any development charge. This should be a great saving to futurb 

'of houses on this estate. Unfo tunately, we cannot state when we will be a8owed to build. but as soon as it is possilk'::, ' 

b' 

building opmntiana. Thticompfeta hauses will be anything hum 650 to fil00 cheaper than houses of a simibir, 

udt by other contractors due to thea'i not cariy'iug a devekrpment charge. ' 

exec(" -'$.", (9) Gut Trading. — Marry, of our country~srijf. mcitrhsr tbasrld cbiteystess whish was in operation prior to the wag»fc ' 

Dm wcw e method whefehy members in tlie ccfu'nftytw'eie'grveii'a rttffceir to prircbcum» goads in tbie Central Emporium. A nefij 

tracbng is being introduced and, in berg„-pcay he hxsgxrratian htdom this report is pubhshed. Our country m~ 

obtain a voucher or chit from their Branch 88citcctgceriirwhfrfc'sHB eriahle them to purcham goods from the Central Emtcoricn4k, 

paid at their branch. Your Branch Manager wifi be only too pleased to give you fuBer details concernmg this schecae. ' 

(N)~Represeatation on tbe Board of Managameat. ='You will see on the Agenda a Notice of Motion for permissioa 

:.c to hold a Special Meeting to altar Rule 69, Gauss (r). Should this obtain an ordinary majority it will then be submitted to a 

Meeting in accordan'ccr(ccath the rules of the Society. Your Directors have considered this resolution and am of the 

n that it would not be m the best interests of the Society. It could mean that the Board of Management migl» be 

@ 

8mgcomd of eleven employecag»&here are 38000 members in the Society and 1,200 employees. At present the empfoyem hsvr 

representatives on the Board which is equal to 27 per cent of the seats ss against less Huin 3 per cent of membership as- 

every empfotfjre is a member. Only a very few Societies in the country have full employee representation and in cdl 

«ib Socle+has. sufiered. The employees have not bene6ted and in semen cases US.MLW. OHicisls are opposed to 

ofigesofutiofjb We therefore ask all members and I 

employees to vote solidly against ttus Notice of Motion. 

s 

Yourn faithfuBy, 

Fer arid on behalf of the Directom, 

CONSTANCE I. BROOKE Resident. 

DUNCAN McNAB, Memcgmg ~retary. " 

» 

i

~eeeevvevvvvvvvoevvvvevvvveovvvvvvee'0'vvvvvvvvvvvvvveevvvvvvvvvvvvvvvvvvvveoe, 

OUR ROUNDSMAN 

PASSES YOUR DOOR— 

ASK HIM TO 

CALL ON YOU 

Two' of the fine anima, ls in our lurge 

Pedigree Azrshire 

Tuberculin Attestecl 

Dairy- Nerd 

Iohich siipp/ies 

T. T. MILK 

to the 

Lincoln Very Dairy 

BOULTHAM PARK ROAD, LINCOLN 

TeL: 1815 Ext. 28 

*IT'S CLEAN 

*IT'S PURE ' 

*IT'S SAFE 

and 

*IT'S UNRATIONED 

ee44hhkhhhhh+hhhhh44+44|et44h*4hh44444hhh44hhhhhh+hhbh4hhhhh44hh+4++bhhb~

~ ~ 

veoveveosyvvovovvvvooovovvovVVVV%'vvoo'vo%'veoeevvvvvo'%'oooooove'ov'too 

~c s ~t tt 

THE LINCQLN 

Co-OPERATIVE SOCIETY LTD. 



Half-Yearly Report and Balance Sheet 

for the Half-Year ended 80th September, 1950 

NOTICE IS HEREBY CIVEN THAT THE CENERAL 



NEW HALL, FREE SCHOOL LANE, LINCOLN 

on MONDAY, 20th NOVEMBER, 1950 

COMMENCING AT 7M PJIL . 

NOTICE IS HEREBY GIVEN THAT BRANCH QUARTERLY ~GS WHL BE HELD AS FOLLOWS t- 

At NORTH HYKEHAM BRANCH PREMISES ( tsscscatatillt, Mrs. M. E. Richerdsh 

Friday, 17th November, 1950, at 7 yau. 

WELBOURN BRANCH PREMISES ( cttrcccatatiac, Mrs. D. M. Dixon) 

Friday, 17th November, 1950, at 7 yarn 

SAXILBY BRANCH PREMISES (Rcttrcscntattoa Mr. L. B. Garhe)t 

Friday, 17th November, 1950, at 7 yarn 

' 

LEAFORD BRANCH PREMISES ( ctacscrttattoa Mr. S. T. Buuery) t 

Saturday, 18th November, 1950, at 8s70 yasa 

BRANCH PREMISES (Rcttrcccsttatiac, Mrs. M. F Richards): 

Saturday, 18th November, 

~LLINGTHORPE BRANCH PREMISES ( ttcsctttatiac, Mr. E. C. Fountaine): 

Saturday, 18th November, 

1950, at ta80 yau. 

Lo50, at 0a88 ydss 

c cs c 

- -4a444444444444444444444tstA4444tcs444444444444itststits444ttt444444444444444444444itssa 

tascuwrettve Ftisdsc Societr Ltd.. New hlooet Stccet. Mesctteuec C. 

ct 

o 

C 

4 4 

4 

0

LINCOLN CO-OPERATIVE SOCIETY LIMITED 


Prcu'drat: Mrs. C. L BROOKE (27}, 

Di rcctorr r 

Mr. F. H. TRUSWELL (24). Mr. L B. CLARKE (27). Mrs. O. C DEER (17). Mr S W MESSENGER ~ 

Mr. W. H. MARTIN (26). Mrs. D. M. DlXON (24). Mr. S. T. BUTTERY (24) Mrs hL E. RICHARDS 

Mr. J. F HARRISON (25). Mr. E. C. FOUNTAINE (25), 

Maaagmg Sccrctargr Mr. DUNCAN McNAB, A.LAA. Arnrtant Secretary ~ 

l. Minutes of last Quarterly Meeting. 

Apprcccd Auditor r Mr. S. BARLOW, ASAR. , C.WS. Aucfit Depmm nt 

2. Directors' Report and Balance Sheet. 

3. Educafion Committees' Report and Accounts. 

4. Appeals and Recommendations of the Directors.— 

(a) St. Jolm~Brigade, fi2 2a 

b) Lincoln District Ambulance Society. H2 2s. 

c) Sailors' Orphan Homes, fi2 2s. 

(d) Lincoln Y&.CA., fi2 2s. 

1950 

" November 20-~arteriy Meeting 

': November 21—December 2— Dividend Paid. 

- November 24—Loan and RP. Loan Books ready 

Figures in parenthesis denote Directors' Attcndances —Possible 27. 

AGENDA OF SUSDIKSS 

5. Nominations (dosing date 17th Narembm, 1950), 5 

(a) Six Directors (two dear vacancies). 

(b) Six members of the Education Casmittte (twe 

dear vacancies). 

(c) Two delegates to attend the CWS. Qcsrludy 

Meetings. 

6. Election of Scrutineers for votiiig5 en 17th sad 19th 

February, 1951. 

7. Any other business. 

SOCIEIVub CAIKIIDAa 

I 

1950 

December 18— Sharedhmks 

December 

~i@i«~~- 

1951 

February i~utterly Mcetmg 

I .ttU~ ~.Nonce ot mohon must ue suommea ur w55555itr rm 

days' notice is requued of any amendment to a~reposition appearing on the Agenda. 

bcr bc aHo d t peak than o y etio t th Quart Iy. o 

General Mecung 

Members convened for the purpose of transacting the business of the Society, except the movw' 

amendments who shall be sHowed a reply; and no members shall speak alter such reply 

t d~ 

3. Whenever amendments are made upon original propositions, no second amcndmcnt ~+ m. 

~g become jucI 

the first amendment has been disposed of (a) if a first amendment be carried it shall dmpfacc th . .~ . ~considersses 

the question; (b) if the first amendment be negatived then the second may be moved « tb ~q ~fioa smd of awry 

only one amendment shall be submitted to the Meeting for discuudon at one time; (c) the move o ~ mhsr srushu 

amendment shaH have a right of reply, immetliately after which the question shaH be put h h' non or tbs sttss 

sbaH beaHowed to speak more than once on tbe same question, unless permission he g 

of the chair be caHed to a point of order. 

4. 1"une limit of Mover of Resolution be 10 minutes; the other spec crs no 

5. When any motion or amendment has been made and seconded, it is open to any ~ ~m'on - cannot sps 

i.e., that the motion before the Meefing be not put. The mover and seconder of th 

on the motion before the meeting. 

6. A mouon once cerned s}mH not he rescinded at any meeting without due nonce ' —=-"- '- . shel hsw 

fore the General Mectmg 

rdancc Sheet which 

p fmenc . 

ent russ to speak memhe 

Ie tn accordance with Rale 0th 

pe dad by the votes of a majorit of member ravennt if the Pcssisnt or Chsinssa 

to accept a motion to that effect. 

=- 555

BOARD OF DIRECTORS 

PRESIDENT: Nr . C. I. Brooke. 

LINCOLN CO-OPZ.'IATIVZ CHEMISTS LTD, 

Registered Office: 

FREE SCHOOL LANZT LINCOLN. 

DIRECTORS: I~I'. I'. '. Tru vell5 Mrs. N. Z. Richards, Nr. L. S. 

Iir. S. T. Duttery5 Yz . V. H. Nartin, I1rs. D. M. Dixon, 

Izl'. S. W. IIessenger5 Yz. J. E. Harrison, Mr, E. C. Fountaine, 

and Nr. J. Campbell, N. P.S. 

Secretary'. IIr. Duncan NcNab, A.L.A. A. 

TBaDE IICCDIDIT 6 BkI»DlCD BHF"T FDB.THE IIHLF IE»DI ENDE~DOhh DFHTFFEE~B19 0. 

TRADE EXPENSES ACCOUNT. 

s d 2 s, d 

To Wages 4341.19.11 

Eaa1eaal Tasssaaes ~12 . 2. 6'- 6665. 2. 5s- 

Rent charge L.C.S.Ltd. 724.19. 1 

Lighting & Heating 116.13.10 

Telephones 33. 3 ~ 3 

Transport, 164.10. 0 

Printing, Stationery 

& Advertising . 16. 3. 8 

Stamps 15. 0. 9 

Travelling 6. 2. 9 

Cleaning 20.12. 1 

Admin. charges ~/, Oa 0 746. 6. 4 

.' S.o"-~ b/:~rd 

-'ots 'o/f&9d 

TD 1+nh 

ETom 

. i.C.S. .ro.. " 

redo Zxs. =/c 

~ e s13l'plus c/d 

ISPK 

5936. 7.10»- 

s. 

189M;: O. 0 

~ 0. 0 

28635. 2. 0 

38»19. 2 

5936. 7.10s- 

/451. 5. 12 

Ry Trade Account 

2 ~ 0/ 

5936. 7.94 

Ry Cash Sales 31632 

Debts c/~ 7. O. 0 

Dividend l87. 0 o 

Trans to L C S 8163 6.11 

StccIT: at end 17994s ~ 0-0 

s 

» 57983 14. 2

Fefface-Mash sic. 


submittuig far your consideration and adoption the Report and Balance Sheet for the Half Year ended 

Sales for the Half Year (27 weeks) amounted to EI,459,921, an increase of El 43,013. or 10.86 per cent over 

period (26 weeks) of last year. After deducting one week's average sales fram the periad under review for equitabkc 

amounts to f88,935, or 6.75 per cent. It was during the year 1948 that the Society first reached the sides 

~yfi2 '0N 000, end in so short a period we have now soared to annual sales amounting to f28 l 5,113,which is only 65 pcs' cent 

't of E3,000,000. This wonderful expansion of trade has been the chief factor in enabling the Society to mcroasa 

;m dividend wun the tendency has been for dividends of retail societies up and down the country to falL D creesbtg margins, 

w~ we have nwnfioned in previous reports, have campefied the C.W9. to reduce their dividend to a level which wig cost this 

ely f8000 a year; the new National Wage Award will cost us approximately E13 000 a year; taxation o'ccssioned 

'sty app 

hy nariancd needs will most probably increase still further due to the defence programme, and our I~motor Beet, with steep rises 

tbe c«st of petrol, tyres and batteries, is resulting in heavier charges to the trading departments. 

' outline vriB eiuble you ta 

tbs Society will be compelled to revise its dividend rate next Hcdf Year, when the(all impact of these increased expenses 

have to be faced, together with the 6d. dividend on tobacco. 

most grateful thanks to the members for their continued loyalty encl our appreciation to the stafis, to both of 

wham we make a further appeal to help to counteract the heavy expenses with which we are being faced, by substanfiaIIy increasing 

sales. 

The following statistics will reveal the progress being maintained by the Saciety:— 

Year ended Year ended Year ended Year ended 

30th Sept., 24th Sept,. 25th Sept., 27th Sept., 

:I 1950 1949 1948 1947 

E s. d. s. ch E s. d. E s. d. 

Sales. ...................... 2815113 0 0 .. 2575669 0 0 .. 2301800 0 0 .. 1954627 0 0 

Wages ..................... 340305 0 0 .. 336420 0 0 .. 319157 0 0 .. 300428 0 0 

Expenses (including wages) .. 144876 0 0 .. 151087 0 0 .. 133954 0 0 .. 100628 0 0 

hfembers' Share Capital .... 1193587 0 0 .. 1242072 0 0 .. 1286757 0 0. .. 1339742 0 0 

Loans and Savings Bank ... .759559 0 0 .. 773945 0 0 .. 789377 0 0 .. - 824749 0 0 

Depreciation ............. . . 38437 0 0 .. 34819 0 0 .. 16370 0 0 ~ ~ 9829 0 0 

Reserve Funds ...... . ... ... 96000 0 0 .. 89000 0 0 .. 88520 0 0 .. - 78535 0 0 

Anaual trade per member ... . 73 I I 0 .. 69 4 3 .. 64 4 6 .. . 53 17 10 

Members' Capital re-invested 85 per cent 88 per cent 91 per cent 92 per cent 

Average Dividend. .......... 0 I fif .. 0 I 6 .. - 0 I -4 .. 0 

Membership ......;........ 38,651 -;.. 37gl3 .. 35,839 ' .. 34,612 

(2) DbadeaL — After allowing EI8,964 for depreciation, providing 68,599 for Schedule "D" and Profits Tax and fi966 for 

parposes, the surplus available will enable us to maintain dividend to members at the rate of Is. 6d. in tbe 8, the Irk bonus 

mbcued. 

Central Drapery. —Members will bv naw have had the opportunity to inspect the inodernisad Drapery and 'nary 

department slid wall agree with us that it wilfbe a delight for them to shop there. We are looking forward to record sales from this 

department to justify fuithei mun'ovmnents fur ymsr shopping pleasure. 

(4) ffo ncastfcs— A freehold obap and emises in the centre of~have been acipnred and wifi shortly be fitted «t as 

a Tailoring snd~shop. We sre oFthaiopnuonthat our'present dry goods store in this town is a littleout of the way and 

that bauer trading rescdte' will dericre fram the imw site 

(5) Motor Coacfa,— We aro pleased ta report that the new eaach bas been weB ~ed 

with the coach itosB, tho service given, and our 'cpmtations. Be muu'ta eenum ~ ~net~~ 

„,.= s you are connected laqcme a'bus and allow us to g'ive yau a quotcqrorc 

and Lends End t 

(6)~Tea — The following venues have been selected for our 1951 tour hohdays: (I) Newqrmy an 

(2) Dune«and the Western Higbbmds t (3) Ucmdudrm d Sn doius; and (4) Sundown snd tlm Isle of Wight. Igs wiB 

ppegthe shops shortlv when bookkrgx wiB be 'accepted at the'Ceneral (Mice and advance payments received. 

at fffra O. G Dsar~embem will be aware that Par~ duties have made it~far Mr. C 

~ MJ' ta transfer his residence to London, and for this reason his wife, M'rs. O. C. Deer, has now tendered her reciguat' n c'&/-, 

. +3~d of Dnactors. First elected in 1941, hks. Deer has served continuously since this date, induding two years as the 

Her very wide~and force in debate will be missed. and we record our appreciation of the very valuabfa vr. '* 

work she bas done on behalf of the Society. I 

(8) Iffidows' Pcmiion Schmoes — ' The employees have now stm 

bene6t to th 

' d F o ow an tfm crives 

af fii week, tbe of their husband d ' 

"~ 

d first 12 montfm. and they ~ tm 

uapoit«t supplementary pension a success. 

(c)~ .— A ard b b pi.~ 

wlthM%lbd 

P k L«ar """~"Bm'dP~" 

be over a y~ b for tM bm ~ b~but we are confident that when we do start Producuon. seen bread 

manufactured on a similar plant. that we will then have the finest bread in Lincoln. 

(10) Capital ExpencBturm —Y« ~~by th' and the fast two or three reports the large capital m «en 

ors have been forced to und~e The oven at the Baliery is 30 years olcL The fieet of vane on whch we ~~s~~ eca sv4 

tbe Past two years were obsolete, due to the war, when no new-, vela&as ca~d be P 

date, and critb the a~sion of ~ 'ts, father capital expenditure was necessary. In sp e of 

oilf ulll 

M 

per cent ef «r membem' Share end~Capiud re-invested in Government Securities and in the CW9. 

dspmmetkm hss been fufiy Pisfified but ~aitunately tfus cannot at the present time be decreased 

xtocbtum whish wiB be necessary during tbe next few yeaia 

for and on befudf of the~

~hl 

1 

Dr, 

STATEMENT OF ACCOUNTS 

For the Half Year, 25th MARCH, l950, to 30th SEPTEMBER, l950 

Rrcriptr s. d. R s. d. 

I—CASH ACCOUNT 

To Sales. ..........................1428288 18 4 

.. Lincoln Coats Chemists Ltd. ... 31632 7 3 1459921 5 7 

Canital Account XII.— 


Loans ...................... 29607 9 6 

Special Loans .............. 29769 10 3 

Penny Bank ................ 3410 11 9 

Superannuation Fund. ....... 2863 8 0 

Stamps Said. ................ 2254 I 0 

Undaimed Share Accounts. .. 33 6 11 

111208 II 5 

., E pensee Account Ill.— 

Sundry Rents, HaUs, ikc .... 1476 15 0 

Bank Agency Commission ... 96 19 7 

Strong Room Fees ... ....... 2 4 0 

Pass Books. &c.............. 15410 4 

Midland Laundries'Assodafion 

Commission ............... 507 16 Il 

2238 5 10 

» Fixed Stock Account X.— 

Proposition Fees . ..... ..... . 86 2 0 

Sale of Agricultural Land and 

Buildings ......., ......... 173 10 0 

Sale af Live and Fixed Stodr. 360 8 3 

Sale of Motors ..........;... 1292 8 9 

Sale of Farm Implements, ... 167 5 0 

2079 14 0 

Trading Club . . . .... . ....... ................ 48482 5 0 

,. Repayments — Mortgages. ............. ...... 12211 6 8 

„Investments Account ............".....~....... 55878 4 9 

., Hausr. Property Rents ..... . .................. '1416 10 5f 

„National Membership Dividend ............... 206 15 2 

,. Employees' Income Tax .... . . ........ ....... 6016 2 0 

„Employees' Welfare Association ............. . 933 17 4 

„Employees' Savings ......... . ... .......... .. 1256 9 6- 

;, Income Tax. Schedule " D " Refund, 194849 and ' 

1949-50 .....................v~=-;. 6..6.. 1983 14 0 

E.P.T. Refund — Final ........... ...-. ....;... ' 2263 4 0 

» Wodrers' Travel Association .......,... ,..... 131 9 0 

„T.G Fidelity Repayment . . .......... ;..:.„'.-.— w5 5:0 

„Lincoln Clhapeiatire Chemists Ltd. . ' ' .. ..., ' 3 . 0 0 

Total Receipts '...,......; ............ 1706235 19 

„Bank Withdrawals ..........,. '......... .., . 

„Cash in Hand. 25th March. 1950.. . .. 3509 9 0 

83093180 16 10J 

Pageants R s. (L 

By Coods Purchased ..............1107891 0 I 

» Carrmge ....................., . 5212 17 4 

111310317 5 


Members' Shares. ........... 131529 11 I 

Loans ...................... 21571 17 I 

Special Loans .............. 49197 6 10 

Penny Bank ................ 10288 17 10 

Superannuation Fund. ....... 5938 13 5 

Savings Stamps Redeemed .. 2362 I 0 

Undaimed Share Accounts. .. 24 5 0 

220912 12 3 

„Additions. — 

Land and Buildings ......... 9700 0 0 

Land and Buildings- 

(AgricuhuraIJ 526 15 9 

Motors ..................... 11135 16 4 

Fixed Stack ................. 2381 12 0 

Farm Implements ........... 3768 7 10 ' 

Dairy Plant ................. 1561 10 0 

Mdfimt Pl t ................ 454 2 4 

29528 4 3,.j, :-: 

.. Investments Account. ..................... .,. 8140 0 0 "":, -'- 

„Mortgages —House Property ..........,....... 20689 Il II 

Trading Club ........................;....... 52171 17 6' 

..Expanses ........................... . . ... 227098 5 0 

„SubscriIrfions and Doiuuiaus- 

NS. .CC. .................. 5 5 0 

Linen Society Coop. Party. . 151 17- 5 

C.WS. Representation Com. .. 2 2 0 '' 

!all;","~@ . . I 

Associanon of Supemnnuation 

' 

and Pension Funds ...... I: I 0 

'n'-' ra''J-"-';;, 

- 

LineolnDist. Fed. IE8»ap. Party '4 0 0 

Mrs. Ben Jones' Convalescent 

Fund. . ~ -10 10 0 -„--'-:gr:!'='. "::.t 

.........„.-...:— 

Lincoln District Council 

- 

..;.—. 3 3 0 

177 18 ! 

-„Dividend and Interest ........, .....: ........ 36148 19 

„National Membemhip .................., ..... 245 4 I 

» Non-Members' Dividend ..................... 24 '12 gl 

„Education Crmu ......, ...., ........, ..., .... 947 8 6 

» Income Tax—Schedufm»A» and» B '" -Itr. .. - 196 19 9 

., Income Tax deductrxl from In~ Income 2219 17 2 

» Profits Tax, 1947 and 1948 ..........,........ 12845 16 0 

5490 0 0 

..~ ~ ~ ~ 

„Death Benefits Fund ~"" 

.............~ — 

,. Employees' Welfare Association. .... ........., 933 17 4 

1256 9 6 

Employees' Savings ........................,. ' 

6016 2 0 

„Employees' Income Tax ...................... 

~. Workms' Travel As~ 131 90 

576 0 

~, Co-ap. Travel Service ......,..........,...... 

T~ 8 ' .. ::I---:. , 7788!8 I I! 

.. C 73 

' 

1349099 4 6 

371377 7 

h' ll 6 3thhih" I Iei... 

16 Ia 

lxalls

Dr. 

To Balance, 25th March, 1950 

» Deposits- 

CWS. Ltd. ............. 

Midb d Bank Ltd. ..... 

To Wages, Producdve ... 

Distributive .. 

~9 99 Carurlg ~ ~ ~ 

~, Committee Salaries ......... 

„Local Committee Expenses . 

» Audit Fees"................ 

„Rents .... ................... 225 

» Insurance ............2........ 1677 

» Nauonal Health and Unemployment 

Insurance ............. 6392 

E s. d. E s. d. 

66994 3 10 

1207167 17 0 

141931 7 6 

1349099 4 6 

II— BANK ACCOUNT 

29582 17 9 

3075 2 5 

5 

Cr. 

E s. d. E s. d. 

By Withdrawals- 

Co»rp. Whohuude Society Ltd. 1242542 12 10 

Midland Bank Ltd. ......... 140578 13 10 

I38312l 6 8 

., Bank Charges 31416 

„Balances. 30th Sept,. 1950— 

C.WS. Ltd. .................. 

Midland Bank Ltd. 

32658 0 2 

EI416093 8 4 EI416093 8 4 

III—EXPENSES ACCOUNT 

E s. d. E s. OL 

51377 14 3I 

115012 9 II 

9704 9 6 

176094 12 11 

225 10 0 

14 6 

230 0 0 

,. Transport . . i » ..,.... "'....... !3563 

..St~ . . . . ..;.:;; , , ....., 90 

Printing, Stationery, and Advert. 3324 

» Stamps and Cheque Books ...... 953 

@Trave!!ing ..... ..„ ........ 703 

99eDsbgates ....... —........ ";.. 208 

waCoak Coke, grc. .rter» - ...,„. . 3057 

- Duarterly Meetimrs ....,.. .,... ' — 13 

508 

„Professional Charges ... ..... ~»,„,!753 

„Workmen's Compensation ..... '. 92 

Bank Charges ..'usssctre. ....... 314 

2 6 

17 6 

14 5 

17 7$ 

,. Repairs . .. . . .. . . . .............. 15193 0 0 

» Gas and E!ectricity ............ 3978 18 5 

,. Telephones. . ................... 998 14 2$ 

II 5 

0 3 

11 9 

ll I 

469 16 

14929 12 02 

20170 12 7$ 

6 8 -o~'.-'d '-. , 

4 

15 I I 

121+- 

13 6 

14 6 

I 6 

asperAccountV. ...... 2500 0 0 

~9 Daptmxetkm as per Accounm DC 

aud X. ...........„.. .... 18714 7 3 

24584 I 9 

236248 15 

21214 7 3 

%257483 2 7$ 

By Sundry Rents, HaBs, Ou ~ ~"~ ~ ~ ~ 

» Bank Agency Commission .. ~ ~"~ 

„Sarong Room Fees ..~ . ~ 

~ ~ ~ ~""~ 

» Pass Books. grc. 

Midland Coorperative Laundry 

Commission ................. 

House Property Mortgages 

Account XI.— 

Survey Fees ......... 

Insurance ............ 

E ~. d. E md. 

147615 0 

9619 7 

240 

154 IO 4 

507 16 II 

45 3 0 

168 12 11 

2238 5 10 

219 15 II 

, Expenses —Lincoln CO»operative 

Chemists Ltd. ...... „.... 5936 7 IOI 

» Net Expenses to Account VL- 

Productive. ................,. 89046 IO 0 

Distributive. .. .... . .,.... 160028 3 0 

249074 13 0 

'2 .. 

" ';PCOO

6 

Dr 

Pt 

ToRepa' ..... . . . ................ 192 8 8 

.. 2 . I . 6. . ......,. W)62 

, I»C d'N A V.... IS 6 6 

, D I ................... 2SAA 

.Bd A Vll 

To Interest as per Account XIL ~ 

„Balance to Account VII. ...... 

IV—HOUSE PROPERTY REVENUE ACCOUNT 

s. d. 

454 2 10 

400 0 0 

562 7 75 

f11416 10 

V—INVESTMENTS REVENUE ACCOUNT 

B s. 2L By Investments Account Xl.— II s 

26915 121 0 interest on Shares .......... 1739 14 

" 

487 8 I 

Interest on Ld)ans ........... 20295 15 

Interest on Mortgages ....... 2217 10 

f127403 0 I 

II ad. B. s. d. 

ToStocb bt Haarb 25th Marda 19502.2....2...... 273879 0 0 

„Net Purchases ..............................1134541 14 4 

„Transfers —Lincoln Coop. Chemists Ltd....... 8163 6 ll 

„Producdve Expanses ........................ 89046 10 0 

„Distributive Expenses ..........III 60028 3 0 

„Net Surplus to Account VII...... 99684 10 10 259712 13 10 

ToMmabsm' Divibmd . 

„Educational Grant 

VI—TRADE ACCOUNT 

III765343. 5 I 

Interest Charged Expanses 

Account III ................ 

Interest Charged House Property 

Revenue Account IV........ 

2500 0 

150 0 

6 

3 3 

0 

I4164$ 

..':".w -tl 

6416 10 5I 

24753 0 I 

' . - ~ A, ,v '~"gtsrddo 

2650 0' 0'= ' ' 

227)e II 

'I ~,ldb 

By Net Saks ......................I I )....)...:I I 1421951'.88'-'5I 

„Dividend on Purchases ............., ... ...... 11488)AW'22 

,. Transfers —Expenses ......................,.. f0322 11 

.. Transfers —Lincoln C66'op. Chemists Ltd....... 38 19 2 

„Stocb in Hand, 30th September, 1950......... 321540 0 0 

,VII— DISPOSABLE BALANCE AND FINAL REVENUE ACCOUNT 

6 - d. 

78733 3 0 

947 8 6 

„Balance brought down .. .................. 2239 

7968011 6 

,. Non-Members' Dividead. ........... ......... 24 

„Subscriptions and Donations ................. 177 

„Superannuatien Fund. ..................... .. 4754 

„Income Tax & Land Tax .................... 2416 

„National Membership Dividend .............. 245 

„Allocation to Reserve Fund .................. 500 

Death Benefits' Fund .......... 2879 

„Provision for Schedule D. Tax, l950-51....... 8598 

Scheduk A. Tax. 1951 .......... 4000 

„Fkur Mills Control ......... etd~-'-'~2 ...... 1490 

Fidelity Reserve ~........ --. ............. 100 

0 2$ 

12 

18 5 

5 3 

16 I I 

4 I 

0 0 

19 4 

18 0 

0 0 

0 0 

0 0 

Balance Disposable to Account VIIL....... . 77965 12 7 

$.105392 6 10 

-t 

By Bldan)m Drspoaak 

„Balance canied down 

„Balance from Trade Account. ................. 

.. Balance from House Property Revem» Account 

„Balance from Investments Revenue Account 

., National Membership Dividend. ............. 

,. Ldncaln. Coop. Chemists Ltd.—Surplus ...... 

A)7els 5 I 

liat )) 6 

99684 10 10 

562 7 7I 

487 8 I 

206 15 2 

4451 5 ll 

.— .—---6)16SI IS

SHEET OF FUNDS AND EFFECTS AS AT 30th SEFIEMBER, 1950 7 

VIII—BALANCE 

Shares Withdrawabie . E s. d. E s. d. ASSEK 

fa s. d g, 

.LIABILITIES 

0 ...........1178587 2 6 Stock in Hand ..... """-""". . 321540 0 0 

Loans asap Accrcmd kctaaaan. ....... 263069 0 5 Expenses Stock .... ~""." -.--.. 480612 3 

Special famus and Accrued Interest 386107 19 3 

326346 12 3 

Penny Bark and Accrued Interest .. 110381 16 4 Land and Buildings :"."""..... 182000 0 0 

Undaimed Share Balances. ......... 1722 15 7 Plant, Fixed, and RoIHngStock. 

..... 87500 p p 

Undaimed Penny Bank Balances. .. 54 12 0 al Property 

29000 0 p 

1107 

Stmnp Gub ..........„..,....... 6 0 1941030 12 I 

Total Used m Trade. ......... 298500 0 0 . 

Reserves end Other Funda— 

Home Property ................... 9500 0 0 

General Reserve Fund ......... 81750 0 0 

308000 0 8 

Death Benefits Reserve Fund. .. 10000 0 P 

Trading Qub Reserve Fund ... 2100 0 0 

Fidefity Insurance Fund ........ 2150 0 0 

96000 0 0 

II 

Other LiabiTities- 

Superannuation Fund ............. 142389 6 4 

Creditors for Goods ............... 13T/OI 17 9 

Expenses ............ 20105 19 11 

Fixtures. .. .......... 6866 -8= 0 

Coal Accounts paid in Advene'e. .. 855 5 10 

Bread and Milk Checks Outstanding 4634 0 3 

Christmas Qub. ........„,. ....... 57 ll 8 

Provision for income Tsx, 1949-%-51 24NO 0 0 

Schedule "A," 

1951 ... 4000 0 0 

Estimated Liabifity to Flour Mills 

Control ................... ..... 5000 0 0 

345610 I 9 

Share Interest not yit credited. ... 15000 0 0 

Balance Disposable 'is per A/c. VII. TI965 12 7 

92965 12 7 

f2475606 6 5 

Inveatments- 

Sharea ......................... 98999 15 0 

Loans .........................1516894 17 7 

Mortgages ..................... 114295 2 10 

1730189 15 5, 

Debtors— 

Members, gcc. .................. 38099 0 0 

Trading Gub. .................. 19027 5 11 

57126 5 11 

Lincoln operative Chemists' Ltd. 17984 0 0 

Accounts Paid in Advance ...........„......... 88 I 6 

Cash in Bank, 30th September, 1950— 

perative Wholesale Society Ltd. 29582 17 9 

Midland Bank LtcL ..~ ~ ~ ~ ~ - ~ ~ ~ ~ .. 3075 2 5 

32658 0 2 

Cash in Hand, 30th September, 1950.... ......,. 3213 ll . 2 

82475606 6 5 

AUDITOR'S REPORT 

Ta Ihc Mcechcic of thc Lincoln Co~attar Sectary LimitaL 

Lecfies aud Gentlemen, —The undersigned, having had acceis to all the Books, Deeda, Documents and Accounts of the 

Soriety. snd having examined the foregoing Ceneral Statement and verified the same with the Books, Deeds. Documents, 

AccounmaudVouchers relating thereto, nowsigns the same as found to becorrect. duly vouched, and in accordance with law. 

Audit Opice, C.WB. Ltd. , Corporation Street. Manchester. S. BARLOW, AS%A, Approard Acafitsr. 

30th Octohcr, f950. 

s. d. 

404690 13 

48683 15 7 

24581 9 

IX— LAND AND BUILDINGS ACCOUNT 

a cl 

9700 0 0 

526 15 9 

Lcra Sold Total Cost ibis 

Period 

E s. 0L 

173 10 0 

E s. d. fi acL 

414390 13 2 224690 13 2 

49037 I 4 18683 15 7 

24581 9 7 14831 9 7 

Totat 

8 s. d. 8 ad. 

7700 0 0 232390 13 2 

1353 5'-. 9 20037 I 4 

250 0 0 15081 9 7 

477955 18 4 10226 15 9 173 10 0 488009 4 I 258205 18 4 931B 5 9 267509 4 I 

R ~:d. 

24NO p 0: 

26000 0 0 

4500 0 p 

13000 0 0 

5550 0 0 

"R' s. d. 

9247 12 0 

11135 16 4 

454 2 4 

1561 10 0 

3768 7 10 

FIXED AND ROLLING STOCK ACCOUNT 

8 s. d. B s. cL 

360 8 3 32887 3 9 

1292 8 9 35843 7 7 

4954 2 4 

14561 lp 0 

167 5 0 9101 2 Ip 

97347 6 6 

Fees. Fioas, 

and 

Forfeits 

8 s. d. 

186 5 0 

Depreciation Writtrm Otf 

E s. d. If ad. 

1700 18 9 

4843 7 7 

454 2 4 

1561 Ip 0 

I IOI 2 10 

5::,II IIIOI'-; h/ p 

30th Sept., 

1950. 

Nominal 

Value 

8 arL 

182000 0 0 u':0-.".;, 

29000 0 0- ''-', 

v. 

9500 0 0 

Value 

8 ad. 

3IINO 0 0 

31000 0 0 

4500 0 0 

h3800 0 0 

OWN 0 p

~p. Whobsale Society Ltd.. SS 

Wigston Hasiers Ltd..... ..,. 5 

Co p. Printfng Society Ltd... 5 

Paisley Mfg. Society LxcL. .. ... 2$ 

Cooperative Press Ltd. ... ... 3 

Akester Prod. Soriety LtcL... 5 

Macdes6eld Si%Mfg. Soc.Ltd. 5 

Leicester Builders Ltd. 5 

Carnage 

Mid!snd Boot Manftm. Ltd. ... 

Nordumts Productive Sac. Ltd. 5 

Sparope Beat Manbrs. LtcL... 5 

5 

Ideal Gothiers Ltd. .......... 

Kenering Gothing Society LtcL 

StaQord Shoemakers Ltd...... 

Mid. Co-op. Lsundrics Asses. . 

People's Entertainment 

Coop. Youth Centres Ltd..... 

Coop. Permanent Building Soc. 

United Ccsap Baking Sac.Ltd. 

4 

3 

5 

Ig 

31 

Lincoln Hide Ik Skin Co. Ltd... 

Lincoln Ccsop. Chemists' LtcL 

Sundry ................c.... 

LOANS 

8 

XI.—INVESTMENTS ACCOUNT 

's. d. 

86605 0 0 

50 0 0 

2500 

50 0 0 

1%0 0 

10 0 0 

5000 

260 0 0 

25 0 0 

200 0 0 

6411 8 

10 0 0 

10 0 

200 11 0 

1100 0 0 

113 i I 

50 0 0 

10 9 6 

155 2 

159 10 

500 

C.W5. Loans cc...-~rs ~..... 

C.WS. Fixed Deposit. ...,. . 

C.WS, Special Deposit. ;;... 

Wigston Hosiers Ltd. 

Paisl y Mfg. Sacicty Ltd. ...; 

Coop. Penn. Buibfing Soc.Ltd. 

Century Building Society. ..: 

Cooperative Pnue Ltd.......: 

Norduu ts. Productive Soc.LtcL 

Kenering Gotbing Saricty Ltd. 

Lcccestcr Carnage Bmlders .. 

Leicester ~p. Printing Soc 

Mid. Coop. Laundries Assoc' 

Robey gc Co. Ltd. (Debs.).. "' 

2$ 2203 12 4 

2$ 

2S 

3 

2$ 

IS 

2 

3 

4 

3I 

3 

2I 

Lincoln Corporation. .......j 

Lincoln Corporation. .......':! 3I 

War Stock. ......... SI 

Wsr Stock 1955-59 ..-. .... 333 

' 

1430 9 . 

1198146 16 

300 0 

12 5 3 

130391 6 

2000 0 

630 t2 6 

62 14 I 

-t. tIQQS 7 

750 0' 

1000 0 Q 

2100 0 Q 

360 0 

Savings Bonds, 1960-70...... 

Savings Bonds, 1965-75...... 

British Transpcut Cueranteed 

Stack .................... 

Defence Bonds .............. 

3 3 

2800 0 

101812 10 

14617 16 

9993 16 

39908 11 

25000 0 

3811 0 

340 0 

8 s. d. 

8140 0 0 

Interest 

fc a d. 

164915 4 

655 

2 16 

0 13 

22 IO 

13 0 0 

715 0 

315 0 

015 0 

10 0 0 

16 10 0 

House Proper~ortgsges f03405 II "5, 9 ll ll 2217 10 

II a. d. 

10930 6 ll 

16 7 I 

123 

1714 2 

16 0 6 

0 I II 

113 I 204 14 9 

49O' 16 6 

Totals 

II s. d. 

107325 2 3 

72 12 

2716 3 

50 13 

1522 10 

IO 0 0 

50 0 0 

273 0 

25 0 0 

208 17 

86 010 

2615 6 

10 0 0 

210 II 0 

1116 10 

113 I I 

50 0 0 

10 11 5 

361 9 10 

159 10 0 

500 

ce 0 ~ 

Withdravm 

1300 

I 2 3 

21 9 2 

16 15 6 

10 0 

1610 0 

Transfers 

to 

Loans 

II s. d. 

12580 2 3 

2212 6 

216 3 

013 

22 10 

715 

8 

94745 0 0 

50 8 0 

25 8'0 

5000 

1500 0 0 

1000 

50 0 Q 

260 0 0 

25QQ 

200 0 0 

6111 8 

10 0 0 

10 0 0 

200 Il . 0 

1100 0 0 

113 11 

50 0 Q 

1011 5 

361 9 IQ 

159 IO 0 

5QQ 

1739 14 11677 2 2 112210 2 0 599 6 0 12611 I 0 98999 IS 0 

Transfers 

.Stuuas 

'f57 8 i2580 2 3 14941 2 II 

17 19 11 

1448 9 3 

15846 9 I 

1213993 5 I 

300 0 0 

0 2 8 013 13 I 8 

' 

1301. 0., 

13I,692 7 

2000 0 

6 6 2210 

715 

2611 3 

15 0 

26 5 

16 4 

5210 0 

1812 10 0 

273 0 

150 0 

600 0 

375 0 

114 6 

5 2 

-' 

50000 0 

659 8 

70 91 

1095. 7 

776 11 3 26 11 

1015 0 15 0 

2126 5 0 26 5 

376 4 0 16 

2852 10 0 

103625 0 

14890 16 4 

10143 16 

40508 11 

25375 0 

3925 6 

345 20 

4' 

52 10 

3625 0 0 

273 0 0 

150 0 

600 0 

375 0 

114 6 6 

520 

IRAN Q I 20795 15 3 12611 I 1572173 16 55278 18 

Charges 

and 

Inauwua 

2131511 126506 9 6I 12211 6 

:.,14941 211 

1448 9 3 

163993 5 W 

300 OQ 

13 I 8 -' 

131482 7 2 

2000 0 4 

659 8 6 

70 910 

— 1095 7 

ah 

39908 ll 9 

25QQO 0 I 

3811 0 0 

340 QQ 

ISIQQQ4 17 7 

114295 2 IO

Members' Shares .~ ~ ~ ~ ~ ~"""" 

Share Bshtnces "." 

Undaimed Penny Bank Deposits 

Loans ......................... 

Special Loans .................. 

Penny Bank ................... 

Stamp Club. ................... 

Superannuation Fund .......... 

Resents Fund .........„....... 

Death Bene6ts Fund ........... 

Trading Club Reserve ...„...... 

Fide hty Reserve. ............... 

XII—LIABILITIES AND RESERVES ACCOUNT 

Balance. 

25th March, 

1950 

R s. d. 

1224793 7 11 

17I3 13 8 

5412 0 

252202 7 7 

401708 12 2 

115825 Il 5 

1215 6 0 

137951 6 0 

80000 0 0 

11000 0 0 

2050 0 0 

Ft s. d. Ft s. cL 

43270 4 0e14569 I 5 

33 6 11 

29607 9 6 

29769 10 3 

3410 11 9 

2254 I 0 

2863 8 0 

550 

(T}2000 o o 

2831 0 5 

3827 3 8 

1434 11 0 

2759 0 6 

1250 0 0 

150 0 0 

44 15 0 

50 0 0 

Totals 

R s. d. II s. d. 

42584 3 31325216 16 7 

4754 5 3 

500 0 0 

2879 19 

108 0 0 

1747 0 7 

54 12 0 

284641 17 6 

435305 6 I 

120670 14 2 

3469 7 0 

148327 19 9 

81750 0 0 

14029 19 4 

2100 0 0 

2150 0 0 

II s. d. 

131529 11 I 

(ft) 100 3 0 

24 5 0 

21571 17 

49197 6 10 

10288 17 IO 

2362 I 0 

5938 13 5 

(f)40Z9 19 

Balanc», 

30th Sept., 

1950 

ft s. d. 

1193587 2 6 

1722 15 7 

5412 0 

263069 0 5 

386107 19 3 

110381 16 4 

1107 6 0 

142389 6 4 

81750 0 0 

10000 0 0 

2100 0 0 

2150 0 0 

2228514 16 9 113213 16 526915 12 0 50818 7 I 2419462 13 0 225042 14 7 194419 18 5 

lyl Fssfshs stsl Flees. ~ Share Interest Dtte gl5, 000 less Ovevstiheted last half-reer. m Includes Ttensfer 02,000 te Ftdegtv Reserve. 

FARMS ACCOUNT FOR YEAR ENDED 30th. SEPTEMBER, 1950 

" W«}Lima '"IYckiia 

To Sack and Valushon. 

248 September, 1949 ... 

„Pucchses. .......................... 

., Transfers from Departments 

Wages ................... ... ...~ ~ ~ - ~ ~ ~ 

„ Interest and Depreciation ............~ ~""- ~ ~ ~ ~ ~ ~ ~ 

., Other Expenses 

",. Traasfers to Departments .........~ "~ ~ "~-"~ 

R 

11059 

6748 

81 

3568 

519 

1351 

832 

Total. .............""""""- 24158 

Cr. 

8064 

~"". 2835 

„Sack and Valuation, 30th 

„Loss.....= v .. ~r, 1950 .."- ~ ~ —~ 13259 

..........................~ "~~.-" 

!. 

TotsL. .............. """.". 24158 

fl 

2260 

1451 

978 

2943 

44 

1107 

907 

; Ft 

1112 

5687 

28QI 

B. 

10042— 

5512 

413 

2729 

295 

1997 

3866 

3093 

QQN 

12921 

—:l4OI2 

1365 

1112 

453 

17219 

II 

1106 

1545 

13478 

1090 

. 17219 

' 23361 

:27723 

367 

8652 

1135 

4515 

7461 

p~ 

42549 

IIr BUILDING DEPARTMENT ACCOUNT FOR THE YEAR ENDED 30th SFFIEMBER, 1950 Cr 

. 

„Oth j „""""""" 

~ 

R s. d. 

ToSeek' 

.1949. ~161 O O 

''' "''" """ ' " .. 62618 0 0 

"Trsnsf 

~. .; -- -539 0 Q 

., W -".-.-"".-. ... 32261 0 0 

; ferne', 

" ""."""." .. 8127570 0 0 

BySsles ........ .................., .......... 

„Transfers —Goods and Services ...........;; 

„Diividcnd ....................... . ........,.. 

Stadr. arid Work ip hancL 30th September, l 950 

Total 

Wsopaper Department now separate, and Opening Stock $3,400, excludecL 

-'I'1%'h s5oirhshtgFe @sn&P'f':: 

7461 

i. cL 

81513 0 0 

7917 0 0 

18202 0 0 

177 0 0 

19761 0 0

10 EDUCATION 

ZtÃKPIB 

I have examined the Educational 

Accounts and hereby certify the same to 

be correct. 

S. BARLOW, AS%A., 

Apprsccd Asditsr. 

CW S.Audit Ofhce. 

Manchester. 

30th Ortc6rr. 1950. 

Half Year ended 

DEPAR~'S ACCOUNTS— 

(27 Weeks) 

30th September, f950 

ft s, d. II 

To Balance to Begin— 

Cash in Hand ......... ... . .. 8 8 11 

CWS. Bank ....................215 8 7 

„ Grant lrom Society ................ 947 

„Employees— 

Social Insurance ................ 22 3 3 

Superannuation .......... ,..... 7 6 3 

Welfare ......................... 'I 16 0 

PAYS ........................ 20 4 0 51 

Library— 

Literature ..................„... 49 12 0 

Subscriptions. Cards and Fines .. 4 I I 

Loan of Books .................. 67 14 I 

Sidr. Appliances .. . . ............. 26 16 10—148 

„Choir Subscriptions, ttc. .................... 4 

„Concerts ................................... 17 

„Technical Education- 

Conespondence Course Fees .... .5 13 6 

Text and Note Books. ........... I 12 0 

Examination Fees Refunded .... 0 7 0 

7 

„Trade Dividend ............... . ............ 4 

„Bank Interest. ................... ......... 2 

„Hire of Hall ................... ........... 3 

„ Rent, Rates and Repairs ................... 39 

» Miscellaneous .............................. I 

INVESTMENT 

People's Entertainment Society Ltrk ...... 

Cooperative Youth Centres Ltd. . ............ 

L.CS. Share Account ..., , ... , , . . ........... 

LCS. Loan Account 

17 6 

8 6 

9 6 

4 0 

17 6 

14 0 

IZ 6 

I 3 

7 7 

10 0 

0 0 

6 3 

EI451 8 7 

PAYMENTS. 

By Cummings Fees. ......., . 

„Committee Delegations 

Wages .................. 

INVESTMENTS ACCOUNT. 

., Employees— 

Social Insurance 

Superannuation . 

Welfare ......... 

PAY.E. 

Guild Grants 

Subscr iptions. ............ 

Film Shows, and Amplifier 

Concerts ................. 

Choir .................... 

Library Literature ....... 

New Books ..... 

Sick Appliances . 

„Cleaning of Premises. .......... 

56 11 ""~ ~" .... 4I 5 

E s. d. 

. ... 4019 0 

..... 14 12 6 

116 0 

..... 2040 

77 Il 6 

52 IO, 0 

140 

"".....~. 2020 

90 811, 

... 3423 

....106 5 9 

896 

148 17 6 

.... ~ ........ 42 5. 2I 

321 

27 6 0 

„Woodcraft Folk 

,. Sleaford Youth Cub ......... 

„Technical Education— 

Correspondence Course Fees 5 13 6 

Text and Note-Boolis .... 6 18 9 

General. ..,.............. 8 10 0 

21 23 

5 7 7 

„Postage .................................... 

47 8 8 

., Stationery. ................................. 

„CIA. 'Insurance Premiums .................. 4 I5 0 

„Cheque Books and Bank Commission. ..., ... I 7 4 

„Rent, Rates. and Repairs .................... 71 0 0' 

I '4 0 

Printing .......;............................ 

Gui1d Essay. Competition ................... 8 8 0 

„ IttiisceBaneous. ........................., ... 4 15 0 

1158''I 61 

„Balance to End— 

Cash in Hand ............... 0 12 IOI 

CWS. Bank ....,......,..... 292 14 2 293 7 OI 

anima at Interest 

" 25th March and 

II s. d. 

-5, 16 0- 

1000 

2919 9 

202 12 4 

-2 13 Z 

255 

""-='" 

EDUCATION COMMITTEE ADVANCES. 

General Coax 

. Ceneral Com. Sub-Com. 

Name: Pose. Actual Pose. Actual Name Pose. Actual 

Mrs. L Baker ............ . ' l3- 12 5 2 ' Mrs. E. Leggate ............ 13 13 

Mr. W. Bucknall .......«..., 13 — 11 — — . Mrs. F. Laventon ...... 

Mrs. E. Carton .............. 8 12 5 4 Mrs. K. Rossington. ........ 13 

M . E C d~ ............. 13 IZ — . M ik C. Wh ~m ...... 13 

Mr. E. Harley ....., ......... 13 10 Mnc fk 8th W0kock ..., ... 13 II 

fMr. J. E. Harrison ........... 6 I 

Sick f Resigned 26th June, 1950 

f1451. 8 7 

SI6 0 

10 0 0 

32 IZ ll 

204 17='9, : 

pms. 

5 

Acus 1 

5 

4 

3 

5 

-i, :-:'. 

'g!„,::--"'OI

EDUCATION 

COMMITTEE'S REPORT 

FOR HALF YEAR ENDED Sfkh SEPTEMBER, 1950 

Frifsro. ftfcsfria 

1 crs m submitring for your consideration 

Wc have p esscrs m «i 

for thc Half Yssr ended 30th SePtemher, 1950 

and adoption the Education Committee's Report and Qwh Account 

COSeunm Educarion Conn«tree 

'th d eofthem~ 

~ths Education Committee falling on the same evening. We record our thanks to Mr. Hanison for his services. 

Mr. E, BARLEY. 

Your Committee sre mindful that many of our members will have leaned with very «ncere regret of the unfortunate accident 

tbst hss befallen Mr. E. Hurley. Several members have expressed their sympathy and deep sorrow on this sad occasion, aruL on 

behalf of Mr. Harley, we would like to thank you aB for your kind words of cheer. We are glad to say that cur colleague is 

satisfactory progress and has been dischaged fram hospitaL 

CHORAL ASSOCIATION. 

Tbe chair has conrinued its progress during the period under review. It has competed in the 42nd Annual Senior Choral 

Fsttiml (Midland Section) and has given several concerts in local districts. Following encouraging ovations at the Sunday choral 

emserts last session, your Education~bas completed arrangements to present six monthly concerts, to bc given in the 

Cceperative New Hall, Free School Lane, Lincoln, on the third Sunday evenmg in each mont~aber, 1950,to April, 1951 (March 

excepted). 

"SOGETY SEVEN " CONCERT PARTY. 

Rehearsals have been held dunng the late summer in preparation for this winter's programme of concerts to be presented in 

tbs various areas covered by our Society. Altogether 23 engagements have been arrangeiL 

GUKD(P DRAMA FESTIVAL 

has approved the holding of an Annual Guilds Drama FestivaL This festivalwiB be sponsored by the Education 

Ccmssttm. and a silver carp will be awarded by the Commi«ee i this cup is for annual ~n and will be retained by the 

group for 12 montfm. A certificate will be given for pennant retention to the winners and runners-up. At present the 

mu"tice u confined to our own co-operative guilds, though we are aware that an extension of area may be desirable in the fuune. 

Tbu year them are four groups competing, on 30th October. By the time this report is read by the members the festival wiB have 

bssa bekL but we are confident of its success. 

ADULT CLASSY 

A continuation of the lectures, initiated last year by the Education Ommfftce 

Workers' Educational Association (Lincoln Branch). 

SLEAFORD YOUTH CLUB. 

e pmvafence of pohomyelitis and the consequent ban on the opening of school premises in the area sffecterL the 

d Y uth Gub was unable to re-open on rime for the winter. However, despite this unavoidable set~. we are able to 

hrb meethrgs are now being held regular+, and the m~p on the re-opening night was 25 . " this figure has since 

mcrcssed to 45 

TECHNICAL EDUCATION. 

' 

W pleased tfm light 

' ' 

Eferenemployee ba signifi dth t 

ve31 take two subjects. 

m 

tionof students bm 

. We stiff mge employees to seriously consider thm asp 

them under the Scheme of Technical Education for employees. 

LIBRARY AND SICKROOM APPLIANCES. 

e have continued with our policy of addmg ncw fm + 

fiction of recent publication. 

qipeaf for your continued support. or invite you to become regular readers of separative literature. The 

is on sale at our branch shops each week, and periodicals can also be ordered through your branch manager, 

memy, or om hbraim 

For and on behalf of the Education Connmttm 

E. LECCATE, Chairman. 

IL THOMPSON, Secretary.

Por 'pour Next Outing. .. 

FOOTBALL, FISHING, THEATRE, COAST, etc. 

HIRE the CO-OP 

LUXURY 

33- Seater 

COACH 

the last rjsord in comfort 

fitted roith Radio and 

Heater 

ANY DISTANCE ANY TIME 

For Terms apply 

GENERAL OFFICE 

FREE SCHOOL LANE 

LINCOLN 

Telephone I815 

zr at any Branch .';~,;. ~

+++tpVsyOVVVsptpVspVVVVVVOVVVVVOVVVVVVVVVVVV% 

VV'OVVVOVVV'OVVOOV'OVOVVOVVV%'VVsptpp 

THF. LINCOLN 

CO-OPERATIVE SOCIETY I.TD. 



QUARTERLY REPORT 

for the QIInrter ended 30th December, l950 

NOTICE —IS HEREBY GIVEN THAT THE GENERA. 

. QUARTERLY MEETING 


NE% HALL, FREE SCHOOL LANE, . LINCOLN 

on MONDAY, 19th FEBRUARY, 1951 

COMMENCINC AT 7M PM. 

NOTKE IS HEREBY GIVEN THAT BRANCH QUARTERLY MKEf&CS WILL BE HELD AS FOLLOWS s— 

NORTH HYKEHAM BRANCH PREMISES (Repracntatinc, Mr. S. W. Messeritter) s 

Fnday, 16th February, 1951, at 7 p.m. 

URN BRANCH PREMISES (Rcprcscntative, Mr. E: C. Fountains) s 

Friday, 16th February, 1951, at 7 p.m. --. 

--At SAXILBY BRANCH PREMISES (Representative, Mr. W. IL Martm) t Friday, 16th February, 1951, at 7 p~. 

At SKELLINCTHORPE BRANCH PREMISES (Representative, Mr. ' D. McNab): 

Friday, 16th February, 1951, at 7 pan. 

At SLEAFORD BRANCH PREMISES (Represcntetivc, Mr. S, T. Buttery): 

Satarday, 17th February, 1951, at 6n79 pan. 

At MARKET RASEN BRANCH PREMISES (Representative. Mr. F. H. TrusseeiB) t 

Saturday, 17th February, 1951, at LX pam 

~444444444444444444444444444444444444444444444444444444444444444444444tta 

rnt-npetsti e printing Sneiet ' Ltg, N t tu nn' . r r, yl. e enest —. 

s 

:4 

4 

C 

ci 

o 

gt 

o 

4 

ct

, LINCOLN CO-OPERATIUE SOCIETY LIMITED . 


President s Mrs. C. I. BROOKE (I2). 

Dirsdsrs s 

Mr. F, IL TRUSWELL (I I) Mr. L B. CLARKE (13). Mr. S.W. MESSENGER (13) 

hh, '. D M. DIXON (12). Mr. S.T. BUTIERY (12) Mrs. M. E. RICHARDS U3) 

Mr. F C. FOUNTAINE (13). 

Sscrctn&ys Mr. DUNCANMd4AA. LAA. AsustnntSscrah r M. S.&~, 

Atprsssd Anditsr s Mr. S. BARLOW, ASAA. , C.W,S. Audit Department, Msadnum 4 

F puss in parenthesis denote Directors' Attendan~ossn3&ie 13, 

hhvmtes of last Quarterly Mcctusg. 

2. D'uacu rs' Report 

3. Appeals and Recommendations of the Directors.— 

(n) Lincolnshue Diocesan Deaf and Dumb Association, 

52 2s. 

(b) Lincoln GF TS. Police Court Mission and Boys' 

Home. 02 2«. 

(c) Lincoh&shim Discharged Prisoners' Aid Society, 

51 ls. 

AGENDA OF BUSINESS 

(d) Y.M.C.A. War and Nadomd Set&a Fund E3 3 

4. Dcdaration of the Eieuion of SIX Dhectors aad SIX 

Members of the Education Committee. 

5. FIection of FOUR Members to the General Council of 

the Lincoln Society Gvopera0ve Party. 

6. That permission be graated tc the Directors to msha 

a presentation to Mr. Truswell in achnowledgmeat 

of his long service to the Society, 

7. Questions. 

SPECIAL GENE%K MEETING (To be held at the condusion of the Ordinary General Meeting). 

BUSINESS. To consider the following alteration to Rule 69 (d)— 

Mete "Wbo has not purchased fmm the Society in the preceding year to the amount of 050 in the case of a manisd 

person, indudiag~of husband or wife as the case may be, or $25 in the case of a single person, widow, or widower. " 

And~" 

Who has not purchase . from the Society in each of the three years immediately prccediag the date of 

nouinatfon to tba amount of 060 m tb'e esse of a married person, induding purchases of husband or vrde as tlie case may be, 

or 035 in the case of a single person, widow, or widower. " 

ELECTION OF DIRECTORS AND EDUCATION COMMITTEE. 

POLLING ARRANGES 

E)ection ol SIX~to the Board of Directors.— The foifowfag TEN Members have baca nominated:— 

llk. T. J. BALL Mrs. C. I. BROOKE. Mr. L B. CLARIK, «Mrs. D. M. DIXON. Mrs. E. A. GARTON, Mr. G. F INGALL 

Mrs. H. bL KERRY, Mrs. F. LEVENTON, Mr. J. H. MANSFIELD, «Mrs. M. E. RICHARDS. 

The lowest succesdul candidate .will serve for ONE year only. 

Retiring Members digible for r«eh&stion. Mcn&bars mmt nct cote for mmc than SIX Cs&nh&fstsa 

Mrs. A. M. WILLCOCIC 

The foBowing SEVEN Members have been nominated —. 

' I M ~GG. *Mr. E. GOULDING, «Mr. F HARLEY «If&vs A. G. WHITTAKER, 

Memb dhphh for ~hd. Mcn&hers mast nct sets for morc than SIX Cnn&nhrtm 

HOURS OF VOTING 

Satarday, 17th February, 1951 10 a.m. to 5 90 p.m.. Monday, 19th February, 1951& 12 noon to 5 p 

BRACEBRIDGE BRANCIL SUBZIWnIAL FURNISHING, NEWPORT BRANCH, MOORLAND AVEN 

BRACEBRIDCK HEATH AND WRAGBY ROAD DRAPERY. 

Satarday, 17th February, 195, 10 am. to S&30 paa. 

OXINTRY BIIANCHES (WHERE VOIES ARE TAKEN): 

METHPRINGHAM BRANCIL emWn BRANCH HORNCASTLE. BRANCIL SLEA"ORD B~ 

BRANCH. 

Saturday, 17th February, 1951,I pan. to close of Branch or Meeting (where held)- 

NORTH HYKEfhstM BRANCIL WELBOURN, BRANCH, BRANSTON~ 

BRANCH, SKELLINGTHORPE BRANGL 

Friday, 16th February, 1951, I psn. to dose of Branch or Meeting (where hei&I). 

WILL MEMBERS PLEASE NOTE THAT B~OT P~~~ ONLY BE ISSUED ON PRODUCTION OF 

BOOKS, WHICH MUST SHOW THAT THE OWNER HAS NOT LESS THAN ONF POUIH S 

, TO HIS OR HER CRED1Thh 

37 penny 

Mar. 12 to 17M«nny Baah Boobs.'filhm~ ~~ ready 

'- * 

M . 31—RB Year em I 

Mar. B-Good Friday. 

April 23 to' 20—Lt'mra'" and Spi:cial Loan Bo&ks& to 

Msu. ~uer Msmday.


Fdfccc-fifcmbcrs, ' we have pleasure in submitting for your consideration and approval aur report for the Quarter ended 30th December, 

1950, 

The G h Scdes amounted to fi737$17 2s. 10d., which represents an increase of 668,009 or 102 per cent compared 

period last year. It is hoped that our sales wdl reach 63,000,000 per annum by the end of this half year. 

owever, again point out that these terrific increases are ta a large extent due to increased prices. In caparison 

vritb «her saderies we are more than holding our own, but as and when the Peak is reached then will be the testing time for the 

Ccso stive Movement and Lincoln Society. 

bss been kept down due to the increased sales, but should even a slight decrease in trade take place the 

g~rate 

d;ridsnd w«dd be reduced considerably. 

Wages have risen during the Quarter by fil,955, due in part to ttm new Wage Agteement. 

ayees' bonus for the first Quarter has cost the Society fi2,000 (approx. ) and the hristnam Vouchem have cast m Rl, 090. 

We~ttm members for their continued loyalty and we have reason to feel proud of the average weekly purchases, which 

are fit 9s. 26th We also extend our thanks to the employees who, by their efforts, have made this figure possible. 

(6) fifismlrerstrjy. —The present membership is 38.965, an increase of 314 for the Quarter. 

(c) Dranery Department. —Since the hast report the alterations at our Drapery have been completed. We trust that all our 

give m their full support as we have now the most modern emporium in the city. Increased sales are essential in 

ttm expense and pay for the renovation. Weknow we canrely on you to do your part by getting all your requirements 

frees your awn Society. 

(d) Festjvcd of Britafn.—Most of our members witt by now have received a handbill giving details of cost, gtc., in connection 

ttm Fesrivcd of Britain outing. As soon as we have been given train times, gec., these witt be sent direct to each member 

ary will give full instructions as to trains, meals, admission tickets ta Exhibition, and a further statement 

d giving details of the route and the times of the buses which wifi be run to the station from variou parts of the city. 

Ycu csn be assured that everything witt be sent out from this office as soon as possible. 

(,) yetmg Procedure. —Kindly note the new voting times, as passed at the Quarterly Meeting held on 21st August, 1950, are 

ress jn aperarion. Candidates have been noii6ed relative to the count, and your Directors have appointed Mr. I'. Grainger as 

Officer. Mr. Grainger was formerly an mnployae of the Society snd m also sn ex-Board member. He is absolutely 

indcpendem, being no longer able to seek dection due to the age limit ruk. We would also point out that the vacancy caused by 

Mrs. Dear retirmg is for one year only, which means ttmt tbe person polling the smallest number cd votes wifi be elected for this 

period snd will require to seek remtectjon if he or she desires next year. 

(f)~Holidays. —We have pleasure in informing our memb«s relative to the conducted holiday tours arranged for 1951. 

The resorts which have been selected are Sandown and the Isle af Wight, Llandudno and North Wales. and Newquay and Lands 

End. We are con6dent that should you decide on this type of hohday you will have no mgrets. Mr. McCall, in the General Office, 

Free School Lane, wifi be pleased to give anyone who is interested full details snd every possible help with regard to holidays. 

) Development. —Alterations are now completed at our Branch at Boultham Park RoacL The size of the shop hss been doubled 

snd t interior hss been completely m~. We feel confident that the alterations will bring about increased trade and should 

encourage the people near this branch, who are as yet not co-operators, to become members by jaining the Society and registering 

st dus brmrck 

(6) St Gfies — A licence has been applied for in order that we can extend the shop premises at Swift Gardens, St. Giles. The 

trade at this branch since purchased by the Society bas increased so considerably that the shop is far too small for our requ'uements. 

It is hoped to start on this extension at an early date. 

(t) Travelling Shops.— Two more travelling shops are on order and should be delivered to the Society in the very near future. 

be utjtjsed in the new housing estates where. at the present time. several of aur members have to travel a comjderabte 

to visit the nearest brands We are hoping that we will be successful in abtaining ane of the shops which the Corporation 

bmtcfing on ttm Boultham Moor Estate. This is still doubtful, but you can rest assumd that thc Directors wifi do everything 

in then txwrer to see that you, our members who are hving in this area, are given every facility to purchase your requirements with 

~ Wfi wifi tender for several of 'the shops as and when these are available, but, unfortunately, we cannot state de6nitely that 

~"afiba~ The members in the Boultham Moor ares and on any new hoaxing estate can rest assured that in the event of us 

ta obtain a shop or shops the estate will be served,~even mora adequately, by means of travelhng shops. It is 

~~mtanrian to place more of these on order so that should the worst come to the worst we are in a positicm to supply 

our membem. 

(f) ttarncastte. — As yet we have been unable to g«this new shop open due to the fact that we are still meeting tbe Ministry of 

ham with a view to obtaining a hcence for extensive alterations. We are hapehd that this will be obtained very 

~when the work will be started ~tety. 

(6)~ Like all other merchants, we are experiencing great dtffccuty in obtaining coal~and much of the trouble has 

msxt by the members themselves. During tlu, summer period our man on several occasions had no orders to ddivar. They 

~p . to work ou stoclnng, but a fortnight before the winter period started we were inundated with orders. This had the effect 

~us 300 tons behind on the 6rst day of the winter periocL If tbe membem had~this coal earlier we would have 

to have started on the winter defiveries rjght away. whereas tbe first week af the winter period was completely tdren up 

suuanet coal orders. We are nat atone in'being behind; the private mercbanm are experiencing the same fi Cuttjj 

We trust that aur membam will be pafient and 'that they will reahse that our workmen are only human snd cauaat 

do the impossible. 

r. P.K TraswelL — Mr. Truswell, w)to will be retjring fram the Directorship of the Society at the end of the present hdf 

almost completed a record of xervfce. 54e has been a Directar since March, 1925. and was President on 

~ from APrd. 1932, to 1934, and fmm 1949 to 1950. Only the late Mr. Bell has served on the directorate for a tant(sr 

Mr. Truswell s inffuence will be rmssed in the Bosrdraoax as he wss always constructive snd studied everything care(any 

Although Mr. Truswell will no longer be a Director of the Society, we trust that he sntf stifi contmm 

interest in the Movement which he hss seen grow so rapidly during the time he has served on ttu'.Boaid' When 

wss 6rst elected the sales were fi759,122 per annum and the membership 20,465. Toctay from the Report you can sea wtcst ttm 

~~"jp and sales are at the present time, To Mr. Truswell we dfer aur thanks and trust that he and Mrs. Truswell msy be 

long spared and enjoy good health. 

to tbde.— The Directors are submitting this alteration relative to the purchases of s person being~ 

ffre Board ar tbe Educarian~,duc fo ths fs« that prices have increased so considerably during the psst few years ttmt 

are of the opinion that the old rate of 650 for a msrried man and fi25 for a single person. widow or widower js 

The new rate of 660 per annum for a marner person snd fi35 per annum in the case of a single perse@, wjdmv 

rc 0n«en excessive amount of purchases for anyone to be called upon to make who is seeking election to tbe Djsactamhjp 

lt is our opinion that we should get 100 pm cent support as far as~ 

to hold otfice in the Society. We, therefore, ask you to support the resolution whole-~ at the Special 

~ which will be held at the dose of the Orknary 

Yours faithfully, For snd on behalf of the Directors, 

DUNCE:4 

e,C,-k;:BROOKE.P~ 

' 

Sccreuuy.

Oau' 

illaglifir. ent Remeilell+4 

NRAPKRY KMPORNJM 

y FLooh- V-.:t 

of the fly Cl~ and 

A vie In 

yoshians, dy+ginery. 

is t"e ro 

titting . . ho.,ee in 

' 

coneee tr'y on the+ effort. 

o 

voey 

~into hr' 

AND WE HOPE YOU 

TION, WE HAVE ALW 

NEEDLE SS TO SAY, 

CHILDRE N'S FASHIO NS WILL BE MAINTAINED 

WITH SERVICE 

OF THE 

HIGHEST ORDER. 

yeri- Em 

THE WHOLE INTERIOR; 

PRESENTS AN ENTIRELY NEW SCENE 

WILL PAY AN EARLY VISIT OF INSPEC-'" 

AYS SOMETHING NEW TO SHOW YOU. =, 

THE LARGE RANGE OF LADIES' AND - '.=' 

TOGETHER'-". -' 

yorium. Tel. L%1%. 1815 ~~' 

'

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