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Gas - Reports 1878 - 1883

Wellingborough News, 22nd June 1878, transcribed by Kay Collins

GAS COMPANYThe annual meeting of the Gas Company was held in the Vestry Hall, on the 13th inst. Mr. W. Foskett presided. From the statement of accounts it appeared that the earnings of the Company during the year had amounted to £721 10s. 3d., and the expenditure to £566 19s. 11d., leaving a net profit of £164 10s. 4d. A dividend of 7½ per cent, was declared, which will absorb £120, leaving the Company a working balance of about £100, in addition to a reserve fund of £350. In their report the Directors stated that arrangements for enlarging the works would at once have to be made, in order to meet the wants of consumers, and that they were in treaty for a piece of ground adjoining the works, on which to erect a new gasometer. Mr. John Warren was elected auditor for the ensuing year, and the retiring directors, Messrs. Burton, Foskett, and Radburne, were re-elected. Messrs. Henry Skinner and Jabez Colson were also elected directors to fill vacancies caused by the death of Dr. Starling and the resignation of Mr. F. U. Sartoris. Upon the recommendation of the directors it was resolved to reduce the price of gas to 5s. 6d. per 1000 feet.

Wellingborough News, 14th June 1879, transcribed by Kay Collins

GAS COMPANYThe annual meeting of the shareholders of the Gas Company was held on Tuesday evening last, Mr. Foskett in the chair. The directors, in their report, regretted the accident in April last to two men named Loseley and Ekins. Although the men were at work on the Company's premises, they were not at work for the Company, but for Messrs. Newton, Chambers and Co., of Sheffield. The two men remained at the house of Mr. Lewis between four and five weeks, and were then removed to their respective homes. The expenditure during that period amounted to £34 17s. 8d., details of which were read to the meeting. Admitting no legal liability in regard to the accident, the directors still felt that some portion of the expense should be borne by the Company, and they therefore proposed to pay £14 17s. 8d., and to charge £20 to Messrs. Newton Chambers and Co. An application had been made to the directors on behalf of Ekins, in response to which they recommended that in the event of an appeal on his behalf being made throughout the village generally, the Company should contribute £5. The Chairman stated that he had visited Ekins that day, and found his hands still in a dreadful condition. It would be impossible for him to work for some time to come. With reference to their letter, he had reminded the friends of the unfortunate man that he was not at work for the Company at the time, but he thought the shareholders would nevertheless wish that something should be done to relieve his present needs. As far as he and the other directors were concerned, they were satisfied that the only persons to blame for the accident were the two unfortunate men who suffered so terribly from its results. The recommendations of the directors were unanimously adopted.

Note: the accident report states the men were Ekins & Saxby

Wellingborough News, 23rd June 1883, transcribed by Kay Collins

RUSHDEN GAS COMPANY-The balance sheet for the past year shows that the total earnings have been £1,216 0s. 11d., made up of sale of gas, £918 18s.; rent of metres, £39 6s. 8d.; lighting parish, £67 9s.; coke, tar, &c, £122 7s. 3d.; and interest, £5. The expenditure, including discount to consumers, £42 11s. 3d.; coal and carting, £406 18s. 9d.; and maintenance of works, £146 12s. 4d.; amounting to £918 14s. 1d., leaving £297 6s. 10d. as the nett profit for the year. In the report the Directors stated that the consumption of gas had been nearly half a million feet in excess of the previous year, the total being 4,197,400 feet, and that while maintaining the price at 5s. per 1,000, a reduction of tenpence per thousand would be made to all consumers who paid their amounts within two months of the end of the quarter. At the annual meeting held on Thursday last a dividend of 10 per cent, was declared. Mr. Walter Wood was appointed auditor, vice Mr. John Warren, who is leaving Rushden, and Messrs. T. Burton, R. 0. Butcher, and W. Wilkins were re-elected directors, Mr. Wilkins managing director.


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