Pages 28 and 29 of the Robert Stephenson & Co Ltd minute book no.1

[Page 28] [Blank page]

[Page 29]

Newcastle March 1st 1828

Present the undersigned
The Balance sheet ending 31st Dec: last was presented and examined, from which it appears that the capital and Debts due by R Stephenson & Co amount to £16502. 11. 5 and the buildings utensils and other property belonging to them amount to £18414. 4. 0½ leaving a surplus of £1911. 12. 7½ whereof £500 were the undivided profits to 31 Dec 1826 and £272. 4. 10 then allowed for doubtful debts, leaving the net-gain of the year 1827 (after paying interest upon the borrowed money / £1139-7-9½

1_ Resolved that the sum of £1000 shall be divided among the Partners upon the 31 March next
2 Resolved, that the remaining balance of £911. 12. 7½ shall remain unappropriated, until the next general meeting
[Signatures] R Stephenson
Mich. Longridge