CO129-266 - Governor Sir Robinson - 1895 [1-3] — Page 132

FALLENDINA KONG HOLLING

quation in a Committee of the

G

Mr. Fawfeild.

Knowledge of

thi's ralfact

129

I cannot lay, daine to any special

In Canada & the other colours following

the Example of

the US. water the Jusurance

Legislation Cormeil

& Ahmed not be

decided on the Exparti representatives

of cutain (ompanies

I tritt if a deposit lined le morted

In in

do melt a

(olven

with limeity

Companies of recognized standing unrel

fuchefer le legitimate, putting them

hon tuns as to this premin

ری

2.3.95

Law

which is

y

very

strucgent, a deposit

of securiters is always required. The Company of course draws the rescipti from sucti

a Gort securities, but they

ari

held

bz.

Dofficiel

usually the Registrar of Companies - as a pruniary security for claims accruing in the Calany against the Campany. Thi

deported

afted for this is the

проже

the sacurities. The capital value

of

fast Earmarked as a

n lu

quaranter for

the paguient of damnis in the Colany. in the avant of

the Campany not meeting them

in the usual way from Revanel.

on Ketoria auftoons. deport is required & in Canada ₤10,000 for (anadian Companies +₤20, and for foreign (including Pontists), and in both there is a provision cabling the Companies to increase there deports, and so offer greaten security and attraction for

Calenial business, and fraces the regular returns furnished avery eat month by the Canadian Good: it affears that none of the