The Archive · 1936

Corporation's Funds

The Funds of the Corporation now stand at. $973,400.57 compared with $921,622.99 as'at December 31, 1934, which was a substantial figure when compared with the Corporation's premium Income and the Chairman said he felt sure that the Director's policy. of gradually building up a sound reserve account would meet with the full approval of shareholders. The position was as follows: Capital Pald-up, $500,000.00 Fire Insurance Fund 193,76584) Accident Insurance Fund... 82,005.28, Marine Insurance Fund 50,000.00 General Reserve Fund. 120,000.00 Stal Fund sesesceesest 15,000.00 Profit and" Loss" "Account Balance.eeccsescsssesess 1267545

$073,406.57

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

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