The Archive · 1902

Annual Meeting

Tie fourth annual meeting of the China Mutual Life Iusursuce Company, Limited, was held at the offices of the Company, 18a, Canton Road, on Friday afternoon. The chair was occupied by Mz. J, Ford (Chairman), and there were present: Messrs. Lee Yung-on (Director), A. Wattle, (Managing Director), Wong E.ding, Paul' Song, R. H. Parker, Zin Zeding, G. E. Purkis, R. Markwick, A. 8. P. White-Cooper, R.' Dallas, J. Blumenfeld, Liang Yut-chew, S. J. Tsao, H. Smith, Liang For-chun, J. E. Lemidre, and J. Batty, representing 4,185 shares.

The minutes of the last_meeting having been read by Mr. R. Markwick, who was appointed Secretary of the meeting, and adopted, The Chairman said,—As the Report has been in your hands for some time I will with your permission take it as read. In submitting for your approval the Fourth Annual Report I am again able to congratulate you on the increase we have made during the year. Our Income has increased from Tls. 151,436.92 to Tls. 268,905.35, an increase of 7 per cent. The Insutance in force increased Tls. 1,425,006 and our Assets increased Tls. 145,895.08. The Death Claims paid during the year amounted to Tls. 36,207.32 and were paid with our usual promptness on receipt of proofs. As you will notice our reserve now stands at is, 226,595.16, and

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

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