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TO ALL TO WHOM IT MAY CONCERN.
NOTICE is hereby given that The Bank of Canton Limited intends at
an
early date to apply to the Legislative Council of Hongkong for a Bill intituled "An Ordinance to authorise The Bank of Canton Limited to convert its gold capital into silver".
A copy of the proposed Bill is printed hereunder.
Dated the 14th day of May, 1926.
JOHNSON, STOKES & MASTER, Solicitors for
THE BANK OF CANTON LIMITED.
C.S.O. 1961/19.
A BILL
[No. 5-6.5.26.—1.}
INTITULED
An Ordinance to authorise the Bank of Canton Limited to convert its gold capital into silver.
Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as "The Bank of Short title. Canton Limited (Capital Conversion) Ordinance, 1926".
2. In this Ordinance "the Company" means The Bank Interpreta- of Canton Limited.
tion.
3. The Company may at any time by special resolution Power to convert into silver its gold capital as existing at the date convert gold of the confirmation of such special resolution and such capital into conversion shall take effect upon such special resolution silver. being confirmed. Any such conversion shall be into the silver dollar currency of the Colony and shall be at such rate of exchange and upon such terms and conditions as may be sanctioned by the special resolution effecting the conversion: Provided always that no such special re- solution shall be submitted for confirmation without the consent in writing of the Governor,
4. The Company shall, at the same time as it forwards Governor's to the Registrar of Companies a copy of the Special consent to he Resolution referred to in section 3 of this Ordinance in filed with the accordance with section 71 of the Companies Ordinance Registrar of
1911, forward to him the formal consent of the Governor to such resolution.
Companies.
5. Nothing in this Ordinance shall affect or be deemed Saving of the to affect the rights of His Majesty the King, His Heirs rights of the and Successors or the rights of any body politic or Crown and corporate or of any other persons except such as are men- of certain tioned in this Ordinance and those claiming by from and other rights.
under them.
6. The Bank of Canton (Capital Conversion) Ordi- Repeal of nance, 1919, is repealed.
Ordinance No. 6 of 1919.
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