by being stamps

dices on

fire

and

life policies issued

Aled

in the bookmay supported the adoption

of the principle of

ensuing licences to insmance

high companies is recommended.

2. As at present Dexorsed, I conciser

that there is no objection to steps

being way of registration

taken by

or otherwise, to secure

the respectability of

Insurance Companies

Carrying on

having Confecinin

pracy in Hongkong

but, before th

139

steps are taken, if

would be advisable in the first instance,

submit

to a

the question

Committee

the Legislative

2)

bel.

Such a committe

would no doubt

at the same time

fut

consider the for question of requiring Insuraure Companies

to deposit securities

as is done in Canada

And some other

bolonies. A copy

Wthe bavarian Act on

воланій

the subrest

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