Forever Bury - AGM 004 - 20 October 2005

The third annual General Meeting of The Bury Football Club Supporters Society Limited, known as Forever Bury, commenced at 7.40 p.m. at Bury F C Social Club, Gigg Lane, Bury.

Chairman - Jeremy Clegg, Acting Secretary - Barry Roth. There were 50 members present and 49 members had appointed the Chairman as proxy. Apologies had been received from Mick Norris.

Introduction

The Chairman welcomed everyone to the meeting and noted that there were enough members present for the meeting to be quorate. As one member present appeared not to have received an Agenda he proceeded to advise members as to the format of the meeting after which he asked the Secretary to read out the minutes of the last Annual General Meeting.

Previous minutes.

These were read out by the Secretary and then proposed by Dave Giffard and
seconded by Roger Miles as a true reflection of that meeting and were nanimously
accepted.

Announcement of the result of the Election of Directors to the Board of Forever
Bury

The Chairman reminded members that this was the first ballot for Directors since
the first AGM as eleven members put their names forward for the nine places
available. The vacancies came about both due to the resignation of some sitting
Directors and also retirement by rotation of other Directors. In addition Barry Roth, who was a Co-opted Director, had given notice of his resignation at the end of this  AGM, leaving Peter Young as the only remaining Co-opted Director for which there would then be three vacancies for the new Board to fill. The Chairman advised members that Steve Corrigan of Burnley Supporters Trust had offered his good services to act as independent scrutineer and to whom all voting papers had been sent. He advised by letter that 1445 votes had been cast by 183 members and that the new Directors would be Peter Greenhalgh, Peter Owen, Bob Cohen, lan Fitzsimmons, James Hobbins, Margaret Ladkin, Gill Mansley, Gill Cohen and Denis Lester.

Financial Statement

The summary Statement of the Accounts for the Financial Year ended 31st March
2005 was presented by the Treasurer. He commented that the two major earners
during the year were the Beer Festival and the regular Car Boot Sales and all those
who helped organise and run these events were thanked on behalf of the members.

The Society currently holds 282,633 Shares in Bury FC having handed over £15,000 for new shares during the year and also loaned the Club £7,500 which has been capitalised since the year end. Current membership stood at 477 compared to a figure of 570 prior to the summer renewal period A proposal to accept the Financial Statement for the Year 2004/2005 was put to the meeting and was accepted unanimously by those present, proxy votes were 47 for, with 2 abstentions.

Auditors

A proposal to reappoint DTE Business Advisory Services Limited as Auditors of
Forever Bury for the next year was put to the meeting and was accepted
unanimously by those present, proxy votes were 45 for, 2 against, with 2 abstentions. Selection of Nominated Directors to the Board of Bury Football Club.
The following revised policy agreed by the Forever Bury Board was proposed to the
meeting.

1. Any member of the Society may stand as a Society nominated director to the
Board of Bury Football Club provided they:
1.1    Are a full member of the Society
1.2   Have held the office of Director of the Society for a minimum of twelve
months
1.3    Are a serving director of the Society
1.4   Are prepared to undertake the responsibilities and duties of a director of
Bury Football Club for a minimum period of two years
2. Should more members wish to stand as Society nominated directors to the
Board of Bury Football Club than positions available, then a ballot of all
members of the Society will be held.
3. The term of office as Society nominated director to the Board of Bury Football
Club will be two years and co-incide with the requirements for resignation by
rotation from the Board of Bury Football Club.
4. Society nominated directors to the Board of Bury Football Club resigning by
rotation may offer themselves for re-election. If unopposed, such nominations
are to be ratified by the Board of the Society.
The proposal was accepted unanimously by those present, proxy votes were 47 for,
with 2 abstentions.

The Meeting closed at 8.15 p. m.