1915-03-29 — Page 9

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THE HONGKONG TELEGRAPH

SECOND

COMPANY REPORT.

The Yang-taze Insurance

Association, Limited,

The roport of the above Com- pany for pret satation to the twenty-fifth ordinary general meeting of shareholders, to be held at the Offics of the Associa tion, No. 26, The Band, Shanghai, on Thursday, the 8th April, 1915, at 4.30 p.m., states:-

Working Account 1913 and Formar Years.—This account shows a credit belance of $388,-

EXTRA

HONGKONG, MONBAY, MARCH 29, 1915,

By Direstora', Com-

mitteoa and

Auditors' Toos... 7,394.32

By Balonce

1,503,005:64

$2,671,047,76 Working Account 1913, and Former Years.

To Balance Of Working Ajo 1913 from last Account

***

"of

To Balance

Working A/C Former Years from last Account

Insurance Premia, and Promin re- turned, etc. Ala. 1913

By Special Divid-

034.37, against a oredit balance By Net Olaima, Re- of $317,107.78 for the previous year. The dirco'na recommend the payment of a dividend to shareholders of P5 por cont. out of this Account, and the transfor of $100,000 to the credit of Re- insurance Reservs Fund and $10,000 to the Credit of Building Reserve Fund. The account will then stand' as follows:

to

Dividend of 20 per cent. ($15 per

Share) ...$180,000.00

To Re-insurance

Reserve Fund ...

To building, Re

100,000.00

Berve Fund... 10,000.00 Balance Carried

Forward

08,034.37

$388,034.47

Working Account 1914.-The not premit earned during 1914, after dedusting return premia, Re-Insurance premis, &o,, amount $2,507,088,58, against $1,593,496.29 during 1913, and the account shows a balance at credit of $1,503,005.61. The diréotors recommend the pay- ment of a special dividend of 5 per cent. $3 per share, to be paid out of interest earned, which will absorb $30,000, and to carry forward the balance $1,487,005.64.

יין

ead-1913 A/0- $3 per Share on 12,000 Shares ... By Amount trans-

ferred to Re-in- Burance Reserve Fand

By Amount trans-

ferred to Build- ing Reserve Fund By Loan on Securi-

tics roalieed

By Dividend

Former Years A/c $12 per Share da 12,000 Shares By Bonus to Sec- retary and Staff By Net Claims and

all payments A/o Former Years By Balanco,

174,700.30

317,107.78

$1,091,808.08

382,395.53

STOLEN SHOES.

A Smart Test in Court.

RESERVE ORDERS.

Orders issued to-day by Major- Wakeman, Commanding B. K. V. R., state

Charged with being in unlawful Paradas --A. B. & C. Com possession of some clothing, in- Ponies will parade on the Cricket cluding a pair of abces, a Chinese ground at 5.15 p.m. to-morrow informed Mr. Hazaland, at the Tuesday, March 30th, Draus Police Court, that the goods, drill order. (This parade will be optional for those doing duty were his.

A rough and ready fest was with the Main and Peak guarda). suggested by the magistrate D. Company-All members who that the defendant, should try have been attested for D. Co. will the shoes on. He tried but could parade at Volunteer Headquarters not get them our Later he said at 5.30 p.m. on Wednesday, March he could not get them on with 31st. Those members who have not his sooks on, and, on being yet been supplied with uniform allowed to try minus his scoke, and equipment will attend in made just as bad a job of it. He plain clothes. Recruite will parade was fined $10 or a month.

on the Cricket ground at 5.15 p.m. to-day and on March 31st and April lat. Recruits doing Theft from a Japanese.

duty with either of the guarde A Japanero rosiding at 18, Mo will be excused these parades. 30,000.00 donald Road reports that some per-There will be no parades on Good

eon bas stolen from his pocket tho Friday, April 2nd. rum of $160 in bank notes.

50,000.00,

Maakolry,Co. Sgt. Majora are

Theft from Officers Mess.fo attsal on Sgt. Maj. Bigby at Lt Robinson, 36th Sikhs, of Volunteer Headquarters at 5.30 Gun Club Hill, Kowloon, has re- p.m. March 31st to make arrange- ported to the police that two ments for the completion of the $10,000.00 revolvers, an automatic pistel, Musketry Training.

three pairs of field glasses, a rug, 7,049.15 an army overcoat and a suit caso containing sundries, to the total value of $497, have been stolen from the officers' quarters.

144,000.00

12,525.04

81,883.90 388,034.37

$1,091,808.08 Balance Sheet on 31t December,

1914. LIABILITIES.

Capital: 12,000 Shares at $100 each, upon which the sum of $60 per share bas Deen called and

fully paid up 720,000:00 Reserve Fund .....1,000,000.00

The dividends will be paid in Taola at Exchange 73.. $18 pere-insurance Reserve

Fund share at Exchange 73-Tools 13.14. per share.

Building Reserve

Fund Exchange and Invest

ment Fluctuation Account Working

"Heserve Fund. This Fund' remains unchanged and stands at $1,000,000.

Re-lasurance Reserve Fund. With the addition of $100,000 ns recommended above, this Reserve Fand will stand at $048,355.69.

Building Reserve Fund.-After crediting this Fand with $10,000, as recommended above, it will amount to $80,000.

Exchange and Investment Fluctuation Aoccunt-This ac count has been increased by $147,903.05 and now amounts to $198,652.27.

Sterling exchange has been taken at 2/2 15/10 (the demand rate on 31st December, 1914) and the relative value between Dollars and Tasle at 73,

"Investments.-The value on 31st December last, has been taken for all the Association'ai investments.

Account

548,855,60

70,000.00

198,625.27

1914

... 1,503,005:64 Working Account 1913 and Formér Yeara Uncollected Divid-

ends

Midland

**388,434.37

-7,220.30

$4,435,274.33

ASSETS

Railway Co., Consolidated 21% Perpetual: Preference. Stock £4,069. Great Northern Railway Co.,Con- solidated 4 cent. Perpetual Prefer- ence Stock £1, 425...

Directora. In accordance with London and North

the Articles of Association, the directors all retire from office, but, being eligible, offer themselves for re-election.

Auditors. The Accounts have been audited by Messrs. G.H.&N. Thomson, Chartered Accountants, who offer themselves for re-eles.

tione

By Order of the Board of Directors,

W. 2. JACKSON,

Secretary.

Western Railway

Co., Consolidated"

4 per cent.Prefer enoe stock-22,406 Great Western Rail

way Co., 4 per cent. Debenture Stock £1,244 Great Western Rail

way Co., 41 per cent. De Stock £2,105- India 3 per cent.

Stock 1931 €1,528 Loanson Mortgages Chinese Imperial Government E" Loan of 1888: Japanese Imperial 73.00 Government New 4 per cent. Loan $2,671,047.76 City of New York 4 1/2 per cont, Corporate Stook 849,041.69 City of New York

Shanghai, 19th March, 1915, Working Account for 12 Months Ending 31st December, 1913.

To Nett Pramis, lesale-insurance,

Leta.

To Interest Acomant To Transfer Foss..

By Claims paid, less Re-insuranc

Commissione and Charges at Hand Office Branches and Agencies

$2,507,080.58 163,888.18

311,908.11

4 per cent, Cor-

porate Stook Worthern Pacific,

Great Northern and "Chicago,"

58,984.26

Burlington and Quincy Railroad » Joint 4 percent.. Bonda Pennsylvania Rail- road 3.1/2 Con- vertible Bonds Southern Railway First Consolidat- ed. Mortgage 5 per cant. Bonds Baltimore and Ohio Railway 4.1/2 per cent, Equipment Bouds

Cash at Barkers.on. Fixed Deposit" and Current Ac count

Property-Land and Buildings, Head Office, No. 26,The Bund, Shanghai Shanghai Land In-

vestment Ltd., Debentures Shanghai Municipal

Debentures Shanghai Water- works Co., Ltd. Dobentare. Shanghai Gas Co., Ltd., Debenturan Astor, House Hotel Co., Ltd., Deben-

Sanghai & Hongkow Wharf Co., Ltd. Debentures Investments in Stocks and Shares.......... 17,301,86 Policy Stamps at

Agencies... Head Officeand.

Agencies Furni«' tare

29,364.78

15,182.78

698,

Dus by Agencies, Premia in.comг80 of collection and Bundry outstanud-

League Toam. The Reserve Tearn beat the Taikoo Rifle Club on the 27th instant by 1 point." The Beserve 600rea were as follows:-

200500800

1 Corpl. Bannerman32 30 28 90 2 Pto. Watson 28:30 28 88 Sergt. MacKay 29 30 28 85 59,695.864 LoCpl. Lyon...20 30 23-82

02,523.56

62,200.39

5 Pte. Carpmael......20 28 25 82 6 Sorgt, Green .29 27 25 81 Sorgt. Tollan......24 30 20 80 8 Pto. McLounaa ...27 27 25.70

685

A practice shoot will take place at King @ Park at 4 p.m. on March 13lat, when all members who 62,337,75 might qualify for the team are invited to attend. Members must provide their own ammunition. The next longae match will bə between the Reserven and the Vol. Corps at King's Park at 2.30 pm. on Friday April 2nd,

Posting.Pe. A E. Oropaell 175,809.85 to Coy. A. Section 4.

· Detail-Medical Orderly, Pts. James

1,236,056.71

208,096,58

105,688:36

VOLUNTEER ORDERS. Corps Orders issued to day by Lieut-Gol.4 Chapman, V. D., state 32,208.00 Joined. The undermentioned

having joined the Corps, are 35,273.97 Allotted Corps numbers, and post-

39,315.07

9,876.71

357,435.72

ed as follows:-No. 1788 Bugler J. Murray to Right Section 11. 0. Co. No. 1789 Private J. Ridger to Scouts Company.

Resignation Pie, J. M. Otuz, Signalling Scotton, is permitted to resign, dated 25.3.15.

Parades. Parades for Tues.

day, 30th instant. 5.15 [[p.m Nos. 1 and 2 Sections 773,84 Artillery Battery and Left Section M.G. Co. 10 pdr. drill at Head- quarters. One Machine Gan 5,570.15 Section of Scouts Company, M.G.

Drill at Headquarters. Right and Centre Sections M. G, OJ., Civil Service Company and re- mainder of Scout Company, 509,428.59 Company drill and rifle exercises

on Cricket Gronad under Com- Pany Officers. Retraits under

Bullock. Sergt. Headquarters and Mount Austin Detail-Ou duly at Volunteer

Barracks H.K.V.R.

$4,485.274.33 Shanghai, 10th Muro 015. We hereby certify that we have 25,691.14 audited the above accounts, and have obtained all the information. 18,648.04 and explanations we have re- 208.22 quired, and have to report that, in

oar opinion, the above Balance Gold Neck Chain Stolen. Sheet ia properly drawn up so as

Mr. F. Goodman, of Bea View, to exhibit a true and correct view Kennedy Road, reports that is of the state of the Company's gold neck-shain has been stolen affaire according to the best of from his room, 96,998.37 oar information, and the ex-

15,753.42

222,194.30

Junk Capsized

planations given to as, and as The master of nang bost shown by the Books of the states that on Cday his Company

boat was Cangi tu a quail HUG. H. &N THOMSON, Chartered and capsized. Lis son sgód Bíx Accountants Auditors. 17

was drowned but the others were. rescued by jank No. 1408, which also towed his vessel into Cheung Chow Harbour

276,040.25W, 6. JACKSON, Becretary.

JOHN PRENTICE, Chairman, 0. W. WRIGHTSONS TO WS, LIVINGSTONE, Directora.

B.A, CLARKE,