551
24. Any instrument appointing a proxy shall be in the following form :—
Company, Limited.
of
Company, Limited, as my proxy,
being a member of the
hereby appoint
of
to vote for me and on my behalf at the [ordinary or extra- ordinary as the case may be] general meeting of the company to be held on the at any adjournment thereof
day of
Signed this
day of
and
Directors.
26. The number of the directors, and the names of the first directors, shall be determined by the subscribers of the memorandum of association.
26. Until directors are appointed the subscribers of the memorandum of association shall for all the purposes of the Companies Ordinance, 1910, be deemed to be directors.
Powers of Directors,
27. The business of the company shall be managed by the directors who may exercise all such powers of the company as are not by the Companies Ordinance, 1910, or by any statutory modification thereof for the time being in force, or by these articles, required to be exercised by the company in general meeting; but no regulation made by the company in general meeting shall invalidare any prior act of the directors which would have been valid if that regulation had not beeu made,
Election of Directors.
28. The directors shall be elected annually by the com- pany in general meeting.
Business of Company,
[Here insert Rules as to Mode in which Business of Insurance is to be conducted.]
Audit.
29. Auditors shall be appointed and their duties regu- lated in accordance with sections
of the Companies Ordinance, 1910, or any statutory modification thereof for the time being in force, and for this purpose the said sections shall have effect as if the word "members" were substituted for "shareholders," and as if "first general meeting" were substituted for "statutory meeting."
Notices,
30. A notice may be given by the company to any men- ber either personally, or by sending it by post to him to his registered address,
31. Where a notice is sent by post, service of the notice shall be deemed to be effected by properly addressing, pre- paying, and posting a letter containing the notice, and nless the contrary is proved to have been effected at the time at which the letter would be delivered in the ordinary course of post.
Names, Addresses, and Descriptions of Subscribers.
"1. Jobu Jones of
2. John Smith of
merchant.
3. Thomas Green of
"4. John Thompson of
"5. Caleb White of
"6. Andrew Brown of
"7. Cæsar White of
Dated the day of
Witness to the above signatures,
A.B., No.
1910.
Queen's Road, Victoria, Hongkong.