The Archive · 1875

THE CHINA AND JAPAN MARINE INSURANOB

coMPANY, To the Editor of the —In view of the appronchin al Meeting of the China an Company, words as to the position and prospects of the Shareholders in that Institution may not be out of plac, In the Report ed, the Directors blame cert arehulders for attempting to force the Company into liquidation, an strongly recommend ils continuance, view in which "they ure supported to a material extent, by the fact that only a very small number of the fifty-six shareholders who signed the requisition are tion, I will give my reasons for thinking that, in the interest of the Shareholders, the Company should be liquidated as soon ler that the interest of Shareholders has been entirely sacrificed to that of Contributors, and that the heavy cash discounts and other returns to Contributors absorb the balance which would otherwise remain for distribution as the three and a half yeara since Bist December, 1871, I find that I have

Text read from the printed page and cleaned; old type leaves the occasional error.

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