Appointment
ang mga
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Arthur Howard Barlow of the other part and shall have the same powers and authorities over such funds and securities as are mentioned and contained in the said two Deeds of Trust.
4.-(1) The present Trustees of the Chater (Cathedral) of Trustees. Endowment Fund and the Chater (St. Andrew's) Endowment Fund are Sir Vandeleur Molyneux Grayburn Knight Chief Manager of the Hongkong and Shanghai Banking Corporation and Harold John Armstrong Solicitor both of Victoria in the Colony of Hongkong and they shall for the purposes of this Ordinance be deemed to be The Trustees of the Chater (Cathedral and St. Andrew's) Endowment Funds until the appointment of some other person or persons as such Trustee or Trustees as aforesaid.
Execution of Documents.
Transfer of
property to Corporation,
(2) In the event of the death or retirement from the office of Trustee of the Chater (Cathedral and St. Andrew's) Endowment Funds of any Trustee the survivor or remaining one of them shall have power by writing under his hand to appoint a successor to the office of a Trustee of the Chater (Cathedral and St. Andrew's) Endowment Funds in the place of the one so dying or retiring from that office and any person so appointed shall be deemed to be a Trustee of the Chater (Cathedral and St. Andrew's) Endowment Funds.
(3) When any other person is appointed to the office of a Trustee of the Chater (Cathedral and St. Andrew's) Endow- ment Funds such person shall within three weeks after his appointment or within such further time as may be allowed by the Governor furnish to the Governor satisfactory evidence of his appointment.
(4) A Notification in the Gazette under the hand of the Colonial Secretary that such evidence has been furnished to the Governor by such person shall be conclusive evidence of such appointment.
5. All deeds documents and other instruments requiring the Seal of the said Corporation shall be sealed in the presence of the Trustees for the time being of the said Funds and signed by them and such signing shall be and be taken as sufficient evidence of the due sealing thereof.
6. (1) All moneys forming part of the Chater (Cathe- dral) Endowment Fund and the Chater (St. Andrew's Church) Endowment Fund respectively invested in the name of the Trustees of the said Funds in loans issued by the Hongkong Government and by the Government of the United Kingdom and moneys placed on fixed deposit or current account with the Hongkong and Shanghai Banking Corporation in the names of the Trustees of the said Funds are hereby transferred to and vested in the said Corporation.
(2) The benefits of the Trustees of the Chater (Cathedral) Endowment Fund as Mortgagees (in possession and otherwise) of and in The Remaining Portion and Subsections 1, 4, 5, 8, 9, 12 and 13 of Section C of Marine Lot No. 239 and all the estates rights titles and interests of the Trustees of the Chater (Cathedral) Endowment Fund in and to the said properties as such 'Mortgagees as aforesaid are hereby transferred to and vested in the said Corporation.
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