Underground Electric Railways Company of London (UERL) Board Minute Book 1

Minutes only. Subjects include: Minutes of UERL Board meeting held 27 February 1906. Cash statement. 569- Documents sealed. 570- Transfer of share certificates for ordinary shares. 571- Compensation to be paid to Sir George Gibb for loss of pension from North Eastern Railway as a result of him becoming a Director of UERL. 572- Acceptance of compensation payment by Theodore St Goar. 573- Notice of extraordinary general meeting to be held 3 April 1906 to give Directors authorisation to borrow up to £5,000,000. 573a- Minutes of Works Committee held 27 February and 5 March 1906. 574- Chairman and Deputy Chairman thanked for speeches made at opening of Baker Street and Waterloo Railway. 575- Change of dates for future board meetings.

Minutes only. Subjects include: Minutes of UERL Board meeting held 27 October 1903. Cash statement. 308 – Sealing of documents. 309 – Transfer of shares. 310 – Report of committee to consider payments by the Metropolitan District Railway for electrification. 311 – Letter from Chairman of Metropolitan District Railway to Mr Yerkes regarding the sale of shares to a syndicate. 312 – Letter from Mr F de Agreda and departure abroad of the Chairman.

Minutes only. Subjects include: Minutes of UERL Board meeting held 28 May 1903. 233 – Sealing of documents since the last meeting. 234 – Approval of share transfer. 235 – Letter from Speyer Brothers regarding money lent out by them on Contango. 236 – Approval of Teixeira de Mattos of Amsterdam, Holland, to issue provisional scrip certificates. 237 – Report from Secretary regarding the signing of provisional notes for American subscribers. 238 – Request to the London and Westminster Bank to transfer funds between accounts. 239 – Re-election of Mr Charles T Yerkes as Chairman of the Company for the ensuing year. 240 – Agreement with the London and Westminster Bank regarding 5% profit sharing secured notes. 241 – Approval of two tenders accepted by the Works Committee.

Minutes only. Subjects include: Minutes of UERL Board meeting held 8 July 1902. 43 – Calling of a statutory meeting of the company and submission of company accounts. 44 – Allotting of shares to the Metropolitan District Electric Traction Company. 45 – Approval and sealing of bankers agreement. 46 – Approval and sealing of agreement with the Metropolitan District Electric Traction Company. 47 – Conditional approval and sealing of five contracts presented by the Works Committee. 48 – Purchase of shares of the Great Northern and Strand Railway. 49 – Conditional approval of tender for construction of Great Northern and Strand Railway tunnel and works. 50 – Arrangements for securing permanent parliamentary deposit made by the Metropolitan District Electric Traction Company 51 – Vesting of voting rights for stock held by the Union Bank of London in the UERL.

Minutes only. Subjects include: Minutes of UERL Board meeting held 7 March 1905. Cash statement. 458- Documents sealed. 459- Report on Bills in present session of Parliament in which UERL has interest. 460- Resolution to be passed at next shareholders meeting regarding Article 64 of Articles of Association. 461- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 21 February 1905. Cash statement. 453- Documents sealed. 454- Report from shareholders meeting regarding borrowing powers of UERL and salaries of overseas Directors. 455- Arrangements for purchase by Speyer Brothers of 4% Great Northern, Piccadilly and Brompton Railway perpetual debenture stock and 4% Charing Cross, Euston and Hampstead Railway perpetual debenture stock. 456- Report on bills in present session of Parliament in which UERL has interest. 457- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 7 June 1904. Cash statement. 385- Documents sealed. 386- Charing Cross, Euston and Hampstead Railway Bill awaiting Royal Assent. 387- Works Committee recommendations for acceptance of tenders.

Underground Electric Railways of London (UERL) Board Minute book 1

Minutes only. Subjects include: Minutes of UERL Board meeting held 13 March 1906. Cash statement. 576- Seal affixed to share certificates. 577- Arrangement with Speyer Brothers for further temporary loan of £165,000. 578- Arrangements made by Finance Committee with London and Westminster Bank, Union of London and Smith’s Bank, London and County Banking Company and Glyn, Mills Currie and Company for advance of £250,000. 579- Account opened with London and County Banking Company. 580- Minutes of Works Committee Meeting held 13 March 1906. 581- Minutes of Finance Committee Meeting held 22 March 1906.

Minutes only. Subjects include: Minutes of UERL Board meeting held 25 September 1902. Cash statement. 106 – Communication from the Central Trust Company of New York regarding fees for the issuing of contingent right certificates, and approval of modified deed of trust. 107 – Payment to the liquidator of the Globe Finance Corporation. 108 – Appointment date of Works Committee. 109 – Resolution for the payment of Directors' fees. 110 – Conditional approval of the report of the Works Committee. 111 – Call of £1 per share on shareholders. 112 – Endorsement of payments received in respect of the above call on individual share certificates. 113 – Approval of share transfers.

Minutes only. Subjects include: 215 – Issue of 5% profit-sharing secured notes for £7,000,000. 216 – Offering of the 5% profit-sharing secured notes to the shareholders for £5,000,000.

Minutes only. Subjects include: Minutes of UERL Board meeting held 7 February 1905. Cash statement. 446- Documents sealed. 447- Transfer of share certificates for ordinary shares. 448- Agreement of salaries for American Directors to be confirmed at Extraordinary General Meeting. 449- Finance Committee recommendations regarding sale of Tube Railway debentures. 450- Negotiations with Speyer Brothers for sale of UERL 4% convertible debentures. 451- Convening of extraordinary general meeting to discuss borrowing powers of UERL, salaries of overseas Directors, and proposal to introduce into Parliament a bill to empower Great Northern, Piccadilly and Brompton Railway to construct new railways. 452- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 12 June 1903. 245 – Sealing of documents. 246 – Transfer of shares. 247 – Payment for construction work on the Great Northern Piccadilly and Brompton Railway. 248 – Placing of shares. 249 – Resignation of Major E St Clair Pemberton, RE as a Director. 250 – Acceptance of tender for glazing at the generating station, Lots Rd. 251 – Letter from Speyer Brothers regarding the recent issue of Great Northern, Piccadilly and Brompton shares.

Minutes only. Subjects include: Minutes of UERL Board meeting held 11 November 1902. Cash statement. 130 - Sealing of share certificates. 131 – Approval of draft contract for boring an artesian well at Chelsea power house.

Minutes only. Subjects include: Minutes of UERL Board meeting held 5 December 1905. Cash statement. 528- Documents sealed. 529- Transfer of share certificates for ordinary shares. 530- Temporary loans to be made by Speyer Brothers to UERL for purchase of debenture stock in Charing Cross, Euston and Piccadilly and Great Northern Railway. 531- Resignation of William Hugh Kemsley as Director of UERL. 532- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 7 October 1902. Cash statement. 114 – Settlement of outstanding bills against the Brompton and Piccadilly Circus Railway. 115 – Preparation of lease with the Great Northern Piccadilly and Brompton Railway Company. 116 – Consultation with engineer with regard to prospectus for the Great Northern Piccadilly and Brompton Railway.

Minutes only. Subjects include: Minutes of UERL Board meeting held 6 October 1903. Cash statement. 303 – Sealing of documents. 304 – Payments by Metropolitan District Railway for electrification. 305 - Committee to consider payments under electrification agreements. 306 – Sealing of agreements. 307 – Approval of tenders accepted by the Works Committee.

Minutes only. Subjects include: Minutes of UERL Board meeting held 11 August 1903. Cash statement. 275 – Sealing of documents. 276 – Repayment of loan to Metropolitan District Company. 277 – Confirmation of tenders accepted by the Works Committee. 278 – Transfers of shares. 279 – Confirmation of resolutions of the Board of Directors relating to the issue of new stock. 280 – Striking off shares of the Company. 281 – Distribution of cancelled specimen notes. 282 – Company seal. 283 – Custody of Company seal. 284 – Appointment of Directors. 285 – Appointment of agents in New York. 286 – Sealing of notes in New York. 287 – Arrangements for sealing and certifying of notes by Directors. 288 – Arrangements for substitution of provisional certificates by notes, when issued. 289 – Responsibility for arrangements in minute numbers 279 to 284 and 286 to 288. 290 – Increase in number of Directors. 291 – Appointment of committee to confer with auditors.

Minutes only. Subjects include: Minutes of UERL Board meeting held 19 December 1902. Cash statement. 155 – Rescinding of appointment of CS Louch as secretary pro tem. 156 – Arrangements in connection with lease with the Great Northern Piccadilly and Brompton Railway Company. 157 – Approval of agreement regarding lease of the Great Northern Piccadilly and Brompton Railway. 158 – Draft agreement regarding sale of shares of the Great Northern Piccadilly and Brompton Railway. 159 – Approval of the agreement for the sale of shares of the Great Northern Piccadilly and Brompton Railway. 160 – Approval of the agreement between the UERL and Speyer Brothers for the sale of shares in the Great Northern Piccadilly and Brompton Railway Company. 161 – Approval of agreement for giving priorities regarding dividends on the shares of the Great Northern Piccadilly and Brompton Railway Company. 162 – Agreement for application for shares in the Edgware and Hampstead Railway Company. 163 – Sealing of agreement with John Mowlem for building the extension of the Baker Street and Waterloo Railway to Elephant and Castle. 164 – Sealing of documents since the last meeting. 165 – Conditional approval of and assignment of parliamentary deposit from the promoters of the Edgware and Hampstead Railway. 166 – Authority to call an extraordinary general meeting. 167 – Sale of copper. 168 – Registration of share transfers. 169 – Draft agreement with Sir John Wolfe Barry and Partners. 170 – Approval of draft agreement with Sir John Wolfe Barry and Partners. 171 – Summary of agreement guaranteeing dividends on preference stock of the Metropolitan District Railway. 172 – Sealing of agreement guaranteeing dividends on preference stock of the Metropolitan District Railway. 173 – Acceptance of tenders reported on by the Works Committee.

Minutes only. Subjects include: Minutes of UERL Board meeting held 24 March 1903. Cash statement. 199 – Call by London United Tramways of £9 per share on part paid preference shares.

Minutes only. Subjects include: Minutes of UERL Board meeting held 15 January 1903. Cash statement. 174 – List of documents sealed since the last meeting. 175 – Registration of share transfer. 176 – Confirmation of tender for the supply of conductor rails. 177 – Allotment of shares in London United Tramways.

Minutes only. Subjects include: Minutes of UERL Board meeting held 18 November 1902. Cash statement. 132 – Contract with Mowlem and Company for building extension of the Baker Street and Waterloo Railway from Waterloo to Elephant and Castle. 133 – Mr C S Louch appointed secretary. 134 – Charles Tyson Yerkes shares cancelled and reissued.

Minutes only. Subjects include: Minutes of UERL Board meeting held 14 July 1903. Cash statement. 259 – Sealing of documents. 260 – Transfer of shares. 261 – Transfer of interest in Knightsbridge station to Great Northern Piccadilly and Brompton Railway. 262 – Payment of bill from the Central Trust Company of New York. 263 – Agreement with the Solicitors of the Company. 264 – Exchange of shares of Metropolitan District Railway. 265 – Exchange of shares of the Whitechapel and Bow Railway. 266 – Agreement with the Metropolitan District Railway for the building of a deep level line from Hammersmith to Earls Court. 267 – Payment of rent to the Great Northern Piccadilly and Brompton Railway. 268 – Payment of interest on Metropolitan District Railway Company shares. 269 – Statement of accounts. 270 – Confirmation of Works Committee acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 22 July 1902. 65 – Allotting of shares to Speyer Brothers, and approval of Cash statement. 66 – Agreement with Williams Deacon’s Bank regarding permanent parliamentary deposits. 67 – Payment of promoters of the Edgware and Hampstead Railway Bill of 1902. 68 – Award of contract for wire to be used at Alperton temporary power house, and invitation to six gentlemen to attend the meeting. 69 – Agreement to amendments to the Brompton and Piccadilly Circus Railway Bill. 70 – Agreement to amendments to Bills for the Baker Street and Waterloo Railway Company and the Charing Cross, Euston and Hampstead Railway Company.

Minutes only. Subjects include: 595- Minutes of UERL Board meeting held 9 May 1906. 596- Cash statement. 597- Documents sealed. 598- Transfer of share certificate. 599- Payment for shares to London United Tramways Company. 600- Central Trust Company of New York transfer agency fees. 601- Minutes of Works Committee Meetings held 22, 26, 29 May 1906. 602- Mr C S Louch appointed as Accountant. 603- Secretary's drawing account opened with London and County Banking Company 604- James R Chapman and Charles H Merz asked to report on maximum productive capacity of Chelsea power station and possibility of distribution and sale of surplus power. 605- Memorandum regarding future relationship with Metropolitan District Railway. 606- Negotiations with Edgware and Watford Railway regarding taking over the Edgware and Hampstead Railway.

Minutes only. Subjects include: Minutes of UERL Board meeting held May 2 1905. Cash statement. 471- No documents sealed. 472- Transfer of share certificates for ordinary shares. 473- Annual report of Board of Trade. 474- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 12 August 1902. 90 – Approval of agreement with the Metropolitan District Electric Traction Company regarding indemnity to the traction company. 91 – Appointment of William E Mandelick as secretary.

Minutes only. Subjects include: Minutes of UERL Board meeting held 29 Nov 1902. Cash statement. 142 – Referral of the proposed lease of the Great Northern, Piccadilly and Brompton Railway to Charles Alfred Cripps. 143 – Arrangements for the payment of stamp duty assessed by the Inland Revenue. 144 – Fixing the seal of the Company to two share certificates in the name of John H Davis and Company. 145 – Sealing of the necessary sureties and undertakings in respect of parliamentary deposits for 1903 bills. 146 – Correspondence regarding request for deposit to cover surveyor’s valuation in connection with taking possession of sub-soil under Portland Place. 147 - Conditional sealing of an agreement with GP Marchand for purchase of automatic relief valves.

Minutes only. Subjects include: Minutes of UERL Board meeting held 29 July 1902. 71 – Confirmation of agreements regarding parliamentary deposits with Williams Deacon’s Bank. 72 – Confirmation of agreement for the transfer of the parliamentary deposit for the Charing Cross, Euston and Hampstead Railway from Charles T Yerkes to this company. 73 – Confirmation of payment made to the promoters of the Edgware and Hampstead Railway for a parliamentary deposit. 74 – Arrangements for funding parliamentary deposit for the 1902 Charing Cross, Euston and Hampstead Railway Bill. 75 – Progress report on parliamentary bills for the Metropolitan District Railway, the Great Northern and Strand Railway, the Brompton and Piccadilly Circus Railway and the Charing Cross, Euston and Hampstead Railway. 76 – Conditional approval for contract for the foundations of Chelsea power house. 77 – Conditional approval for contract for pipes for Chelsea power house. 78 – Confirmation of a contract for the construction of the Great Northern and Strand Railway. 79 – Payments relating to the construction of the Baker Street and Waterloo Railway. 80 – Conditional approval for sealing and exchanging leases for the offices occupied by this Company in Hamilton House, Victoria.

Minutes only. Subjects include: 624- Minutes of UERL Board meeting held 20 July 1906. 624- Further call of instalments of unpaid shares payable on 15 August 1906 and 13 September 1906. 625- Speyer and Company of New York authorised to endorse payments of above received by them. 626- Metropolitan District Railway Bill 1906 received Royal Assent. Finance Committee authorised to purchase their second preference stock.

Minutes only. Subjects include: Minutes of UERL Board meeting held 29 March 1904. Cash statement. 353- Documents sealed. 354- Works Committee recommendations for acceptance of tenders.

Minutes only. Subjects include: Minutes of UERL Board meeting held 15 July 1902. 52 - Sealing of a proxy to vote the shares held in the Brompton and Piccadilly Circus Railway Company. 53 - Sealing of a proxy to vote the shares held in the Charing Cross, Euston and Hampstead Railway. 54 - Sealing of a proxy to vote the shares held in the Great Northern and Strand Railway Company. 55 - Approval of report and notices calling the statutory meeting for 7 August 1902. 56 – Appointment of James Russell Chapman as Chief Engineer and General Manager. 57 – Sealing and approval of agreement with Walker, Price and Reeves and the Metropolitan District Electric Traction Company for the construction of the Brompton and Piccadilly Circus Railway. 58 – Transfer of shares from the Metropolitan District Electric Traction Company. 59 – Borrowing and repayment of loan from Speyer Brothers. 60 – Transfer of Charing Cross Euston and Hampstead Railway parliamentary deposit from Charles Tyson Yerkes. 61 – Approval of Metropolitan District Railway Stock purchase by Speyer Brothers. 62 – Appointment of the Union Bank of London and Speyer Brothers as Bankers to the Company, and payment of bills. 63 – Conditional approval of agreement between the Metropolitan District Electric Traction Company and the UERL. 64 – Conditional approval of agreement with the Great Northern and Strand Railway.

Minutes only. Subjects include: Minutes of UERL Board meeting held 10 October 1905 to be read after General Meeting. Cash statement. 507- Report of Directors and auditors and balance sheet approved. 508- William Hugh Kemsley appointment as Director of UERL. Meeting adjourned until after General Meeting.

Minutes only. Subjects include: Minutes of UERL Board meeting held 10 May 1904. Cash statement. 376- Documents sealed. 377- Transfer of share certificates for ordinary shares. 378- Receipt of engraved 5% profit sharing secured notes by London and Westminster Bank Trustees. 379- Petition lodged in House of Lords by Charing Cross, Euston and Hampstead Railway against London County Council Tramway Bill. 380- Works Committee recommendations for acceptance of tenders.