Report for presentation to the fifteenth ordinary general mesting of shareholders, to be at the Offices of the Association, No. 26, The Bund, Shanghai, on Tuesday, the 11th April, 1905, at 4.30 o'clock p.m. snd to Shareholders of 20 per cent, out of this account and the transfer of 27.64 $60,000 to the credit of Reserve Fund and $50,000 for the formation of a Reinsurance Fond. The account will then stand as follows Dividend of 20 -($12 per Share)
Text read from the printed page and cleaned; old type leaves the occasional error.