167
C.S.O. 867/26.
A BILL
[No. 2:—16.2.27.--1.]
INTITULED
An Ordinance to provide for the incorporation of the President in Hong Kong of the Basel Evangelical Missionary Society.
Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Basel Evangel- Short title. ical Missionary Society Incorporation Ordinance, 1927.
2. The President for the time being in Hong Kong of Incorporation the Basel Evangelical Missionary Society, shall be a of the Presi- corporation sole (hereinafter called the corporation), and dent in Hong shall have the name of The President in Hong Kong of Basel Evan- kong of the
the Basel Evangelical Missionary Society' and by that gelical Mis- name shall and may sue and be sued in all courts in this sionary
Society. Colony and shall and may have and use a common seal.
وو
་
3.--(1) Subject to the provisions of sub-section (2), Powers of the corporation shall have power to acquire, accept leases corporation, of, purchase, take, bold and enjoy any lands, buildings, messages, or tenements of what nature or kiud soever and wheresoever situated, and also to invest moneys upon mortgage of any lands, buildings, messuages, or tenements. or upon the mortgages, debentures, stocks, funds, shares or securities of any government, municipality, corporation or company, and also to purchase, acquire and possess goods and chattels of what nature and kind soever.
(2) Notwithstanding the provisions of sub-section (1), the corporation shall not acquire any immovable property in the Colony muless it shall have previously obtained the special consent of the Governor in Council in each case.
(3) The corporation shall further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer or otherwise dispose of any lands, buildings. messuages, tenements, mortgages. debentures, stocks, funds, shares or securities, or other goods and chattels whatsoever, which are for the time being vested in or belonging to the corporation, upon such terms as to the corporation may seem fit.
4. The legal estate in any property whatsoever, trans- Property ferred to the corporation in any manner whatsoever, shall, transferred to in the event of the death of the President for the time corporation
to pass to
being in Hong Kong of the Basel Evangelical Missionary successors, Society, or in the event of his coasing to hold office is such President, pass to his successor in such office when appointed.
5. All deeds and other instruments requiring the seal of Exention of the corporation shall be sealed in the presence of the documents. person who is for the time being President in Hong Kong of the Basel Evangelical Missionary Society or of his attorney duly authorised, and such deeds and instruments and all other documents instruments and writings requiring the signature of the corporation shall be signed by such President or his attorney.
6.-(1) The Beverend Heinrich Giess, the present Appointment President in Hong Kong of the Basel Evangelical Mis- of President. sionary Society, having furnished to the Governor satis- factory evidence of his appointment to that office, shall for the purposes of this Ordinance be deemed to be the