392
THE HONG KONG GOVERNMENT GAZETTE, MAY 27, 1932.
Powers of corporation.
Execution of documents.
Internal
manage- ment.
Saving of the rights of the
Crown and of certain other
persons.
appointed in accordance with the constitution, and shall for the time being be deemed to be successors in office of the first directors and to be members of the corporation.
4. (1) The corporation shall have power to acquire, accept leases of, purchase, take, hold and enjoy any lands, buildings, messuages or tenements of what nature or kind soever and wheresoever situated, and also to invest moneys upon mortgage of any lands, buildings, messuages, tenements, or upon the mortgages, debentures, stocks, funds, shares or securities of any corporation or company, and also to purchase, acquire and possess steam-launches, boats and other goods and chattels of what nature and kind soever.
or
(2) 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, steam-launches, boats, or other goods and chattels, which are for the time being vested in or be- longing to the corporation upon such terms as to the corporation may seem fit.
5. All deeds and other instruments requiring the cor- porate seal of the corporation shall be sealed in the presence of two of the directors and shall be signed by two of the directors.
6. All matters of internal management, including any amendment of the constitution, shall be settled and carried out in accordance with the constitution.
7. Nothing in this Ordinance shall affect or be deemed to affect the rights of His Majesty the King, his heirs or successors, or the rights of any body politic or corporate or of any other person except such as are mentioned in this Ordinance and those claining by from or under them.
Passed the Legislative Council of Hong Kong, this 26th day of May, 1932.
R. A. C. NORTH, Deputy Clerk of Councils.
SCHEDULE.
CONSTITUTION
OF THE
CHINESE YOUNG MEN'S CHRISTIAN ASSOCIATION
OF HONG KONG.
ARTICLE NAME AND GENERAL POLICY.
Section 1. The name of the Association shall be "The Chinese Young Men's Christian Association of Hong Kong.”
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