for presentation to the Shareholders at the thirty-second Ordinary Meeting to be hold at the Society's Offices at noon on Phursday, the 19th October, 1905.
Committees, an Auditors... 14,629.05 Losses and Claims paid 1,882,412.18 Bonus on Contribati 8 afe 1904 (declared 14th April, 1905) Balance, The Directors have now to submit to the Shareholders a report of the business Worxixo Accounr, 190: of the Society for the year 1904, and for On 30th June, 1905. the six months ending the 30th June, 1905.
To Net Premium from 1st 1904.
he net premium collected for Tannary to 30th June, witer deducting Returns and 1905 3,092,537.04 Reinsurances, amounts to $4,582,957 20.
After providing for a bonus of 20 per} cent on contributions paid in May last, count "balance of $1,489,921. 82, as por there remains at credit of Working Ac-
shnexed statement.
By Agency Commissions...... 59,881.73 The Directors recommend that this Head Ofice, Branches and sum be appropriated aa follows Agency Charges 207,029.89 A dividend to Shareholders Remuneration for haiti of $40 por share 400,000.00] " year ending 30th June, An addition to the silver Reserve Fund of £1905, to Directors, Com:
mites and Auditors...
15,459.08
Text read from the printed page and cleaned; old type leaves the occasional error.