THE
DIAMOND VALLEY RAILWAY
CHAPTER EIGHT INCORPORATION
At the November, 1973 Committee Meeting, recommendations were adopted
from the Constitution Sub-committee which included the appointmnet
Mr S. McCarthy to draft a suitable Memorandum and Articles
of Association for the proposed Company and to present the
documents to the members at a Special General Meeting to be
called for Sunday, 3rd February, 1974. The name chosen for the
proposed Company was, the Diamond Valley Railway Limited.
Following the overwhelming support of the members for the formation
of a Company, a Committee Meeting was held on 29th March,
at which motions were passed to:
- Allow the Diamond Valley Railway Limited (which had been formally
incorportated on 19th March, 1974) to acquire the funds,
assets and liabilities of the Diamond Valley Miniature Club,
- Formally dissolve the Diamond Valley Miniature railway Club on
and after 1st July, 1974,
- Elect Office Bearers and Staff Officers,
- Adopt the Seal of the Company, and
- Allow all financial members of the Diamond Valley Miniature
Railway Club who wish to transfer to the Diamond Valley Railway
Limited to be accepted as foundation members of the new
Company, up to 19th March, 1975.
The First Annual General Meeting of the Diamond Valley Railway
Limited, was held at the Railway's meeting room, Eltham Lower
Park, on Sunday 1st September, 1974. It was well attended, there
being 34 members and guests present, with business getting underway
at 8.00 p.m.
After apologies were received, the President presented his report
summarising the past year's activities, stating that the obvious
highlight was the incorporation of the Railway as a Company,
limited by Guarantee. The Secretary followed with his report
touching on many issues involving membership, administration and
social activities. The balance sheets and statuory reports of
the old Club and the new Company were presented and adopted.
Branch reports were then presented and many interesting events
were relived, reminding the members of what they had achieved
during the past year.
After a refreshment break, the Annual Elections were conducted:
Doug Middleton became President; Jim Willcox and John Murdoch -
Vice Presidents; Ian West and Bill Day - Ordinary Committee.
Brian Coleman was re-elected Secretary and Signal and Telegraph
Superintendant, Ron May was re-elected Treasurer and Way and
Works Superintendant and Bill Day was also elected Rolling Stock
Superintendant.
The next item on the agenda was the appointment of Company Audit-
ors. A resolution was duly passed for the appointment of the
firm of C. W. Stirling and Co.
After General Business and an adress by the President-elect, Doug
Middleton, the meeting was closed at Midnight.
Thus, the Diamond Valley Railway was about to enter another new
era!
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