77 grants by other British Courts were sealed, making a total of 509 grants made during the year compared with 402 in 1937.
Of the above number of Letters of Administration 6 were grants made to the Official Administrator.
Court fees in respect of all grants amounted to $26,159.00 as against $28,238.60 in 1937.
DIVORCE JURISDICTION.
6 new petitions were filed during the year. 8 decrees absolute were made, including 4 petitions pending at the end of 1937. 2 petitions were pending at the end of 1938. The fees collected amounted to $638.50 as against $426.50 in 1937.
OFFICIAL TRUSTEE.
The number of Trust Estates in the hands of the Official Trustee at the end of the year was 21. The invested funds totalled $142,318.81 and £1,850.0.0, producing an income including interest on fixed deposit of $10,478.15. No new trusts were opened during the year.
The amount of commission collected was $532.39 as against $123.60 in 1937. Several are charitable trusts and therefore not liable for commission.
OFFICIAL ADMINISTRATOR.
During the year 25 deceased estates were taken into the custody of the Official Administrator and 37 were wound up, the latter figure including the 6 grants of Letters of Administration granted to the Official Administrator and mentioned in the Probate section above. Official Administrator's commission amounted to $3,732.41 as against $1,622.64 last year.
COMPANIES REGISTRY.
84 new companies were registered bringing the total number of companies on the registers of this office at the end of the year to 764, of which 9 were in the course of liquidation. 56 were incorporated outside the Colony but carry on business within the Colony. 3 further companies ceased during the year to do business.
The fees collected from the above companies amounted to $26,611.31.
17 companies were removed from the register by reason of the cessation of their business. No company was transferred from the Hong Kong to the Shanghai Register. 5 companies were transferred from the Shanghai to the Hong Kong Register. No firms were registered under the Chinese Partnerships Ordinance, 1911 or the Limited Partnerships Ordinance, 1912. Deposits to the total value of $2,621,000.00 have been made by Insurance Companies under the Fire and Marine Insurance Companies Deposit Ordinance, 1917, $1,448,500.00 being cash deposits.
Deposits under the Life Insurance Companies Ordinance 1907, amount to $1,070,000.00, of which $230,141.62 is by cash deposits.
A deposit of £20,000 was made by one company under both Fire and Marine Insurance Companies Deposit Ordinance and the Life Insurance Companies Deposit Ordinance to cover business done under both of these Ordinances.
77 grants by other British Courts were sealed, making a total of 509 grants maile during the year compared with 402 in 1937.
Of the above number of Letters of Administration 6 were grants made to the Official Administrator.
Court fees in respect of all grants amounted to $26,159.00 as against $28,238.60
in 1937.
DIVORCE JURISDICTION.
6 new petitions were filed during the year. 8 decrees absolute were made, including 4 petitions pending at the end of 1937. 2 petitions were pending at the end of 1938. The fees collected amounted to $638.50 as against $426.50 in 1937.
OFFICIAL TRUSTEE.
The number of Trust Estates in the hands of the Official Trustee at the end of the year was 21. The invested funds totalled $142,318.81 and £1,850.0.0. producing an income including interest on fixed deposit of $10,478.15. No new trusts were opened during the year.
The amount of commission collected was $532.39 as against $123.60 in 1937. Several are charitable trusts and therefore not liable for commission.
OFFICIAL ADMINISTRATOR.
During the year 25 deceased estates were taken into the custody of the Official Administrator and 37 were wound up the latter figure including the 6 grants of Letters of Administration granted to the Official Administrator and mentioned in the Probate section above. Öfficial Administrator's commission amounted to $3,732.41 as against $1,622.64 last year.
COMPANIES REGISTRY.
84 new companies were registered bringing the total number of companies on the registers of this office at the end of the year to 764 of which 9 were in the course of liquidation. 56 were incorporated outside the Colony but carry on business. within the Colony. 3 further companies ceased during the year to do business.
The fees collected from the above companies amounted to $26,611.31.
17 companies were removed from the register by reason of the cessation of their business. No company was transferred from the Hong Kong to the Shanghai Register. 5 companies were transferred from the Shanghai to the Hong Kong Register. No firms were registered under the Chinese Partnerships Ordinance, 1911 or the Limited Partnerships Ordinance, 1912 Deposits to the total value of $2,621,000.00 have been made by Insurance Companies under the Fire and Marine Insurance Companies Deposit Ordinance, 1917, $1,448,500.00 being cash deposits.
Deposits under the Life Insurance Companies Ordinance 1907, amount to $1,070,000.00 of which $230,141.62 is by cash deposits.
A deposit of £20,000 was made by one company under both Fire and Marine Insurance Companies Deposit Ordinance and the Life Insurance Companies Deposit Ordinance to cover business done under both of these Ordinances.
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