"During the year conditions have been much disturbed in one of the territories in which we operate, namely, China. We were naturally concerned on receiving reports of the trouble, both for the safety of our own representatives and for the effect on our business. I am pleased to report that all members of the Company's organization in. that territory have come safely through the trying period. In respect to our business, only one death claim due to the trouble has been reported, the policy being one for a small amount on a foreign resident of Shanghai,
Text read from the printed page and cleaned; old type leaves the occasional error.