The report of the directors of the Far Eastern Insurance Ca., Ld., for presentation at the sixth ordinary general meeting.of share-day at 3.30 p.m., states:—The working account, 1920 and former years, shows a balance at credit of Tls. 238,099.62. The directors recommend that this amount be carried forward.
On the working account, 1921, the nett premia for the year, in-eluding fire reserve from 1920 account, amount to Tls. 1,166,980.11 and the nett claims settled to Tls. 582,162.46, leaving a nett balance, after adding interest and other credits and deducting expenses, of Tls. 446,175.79, which the directors recommend should be dealt with as follows Tis, To pay a dividend of 6 per cent. (Tls. 1.20 per share) 43,200.00 Balance to be carried forward 402,975.79
Tls. 446,175.79,
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