In the course of his address, the President, Hon. G. H. Ferguson, said. "In rising to move the adoption of the Report of the Board of Directors, I wish first of all to pay tribute to the memory of that great Canadian, the Right Honourable Sir Robert L. Borden, late President of our Company. It was my great privilege to know him intimately for many years, both as a private citizen and us a great public figure. By any test he was outstanding. He combined high qualities of statesmanship with a strong and singularly lovable character. He w member of the original Board of Directors of the Crown Life, one of its earliest shareholders and policyholders, and in later years as President was intensely interested in its progress. In my judgment it counts for much in the tradition of this Company that for these nine years past, Sir Robert Borden has presided over its destinies.
This being the first occasion of my presiding as Chairman of the Annual Meeting, I take the opportunity of expressing appreciation of the confidence shown by the Vice-Presidents and Directors in electing me to the office of President. My acceptance of this high office was influenced in no small degree by the knowledge gained from previous experience of my fellow Directors that 1 would always have their wholehearted ce-operation in furthering the welfare of the Company.
Text read from the printed page and cleaned; old type leaves the occasional error.