The directors of the Union Insur ance Society of Canton in their report for the year ending Decem-Der 31 last state:—
1923 Account—After payment of the interim dividend of 24/-s. per share and the bonus of 20 per cent.
contributors passed ut the last annual meeting, there remains a fealance of £368,741.1.5. which the Board recommends should be disposed of by the payment of a final dividend of 16/-s. per share plus a bonus dividend of 5/-s. per share to the old shareholders of the [society and to those shareholder Jof the Yangtsze Insurance Associa-[tion La. who accepted the society's offer in respect of the new shares im the society allotted to them. The balance together with the Jdividend received from the Yang-toze Insurance Association in respect of shares in that association fueken in exchange by the society }will be carried forward to underwriting suspense account. This fealance is estimated at £262,972.
1924 Account—The balance of the working account on December $1, Tt was resolved that the follow-jing gentlemen be asked to join the jcommittee:—Messrs, T. H. R. Shaw, IE. Gordon Mackie, Jas. Macbeth, W. IS. Burns, W. Bisset, Hugh Martin, A. S. Campbell.
Text read from the printed page and cleaned; old type leaves the occasional error.