The Archive · 1898

The Hongkong Fire Insurance Co

The report for presentation at the annual meeting of the above Company, fixed for the 28th inst., has been issued, it shows that ithe account of 1896, now finally closed, yielded a profit of $250,757.68 from which it is proposed to pay a dividend of $26} per share, to give a bonus to contributors of $13,681.87, and to add $25,075.76 to Reserve fand, raising this fund to $1,046,763.76. This is a good showing, and it is to be Hoped that 1897 may turn out equal to it, though this is doubtful. The amount at credit of that account is given as $288,875.16, but there were unexpired risks to run out.

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

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