1086 THE HONGKONG GOVERNMENT GAZETTE, 17TH DECEMBER, 1892.
Creation, inscription, issue, conver ston and transfer of Inscribed Stock.
Raising of Loans in Hongkong.
Short Title.
15. The Crown Agents may from time to time, at the request of the Governor, make arrangements for all or any of the following things:-
(1) For Inscribing Stock in their books.
(2) For managing the creation, inscription, and issue
of Inscribed Stock.
(3) For effecting the conversion of Loans into Inscribed
Stock.
(4) For paying interest on Inscribed Stock, and
managing transfers thereof.
(5) For issuing Inscribed Stock Certificates to bearer and as often as occasion shall require, re-issuing or re-inscribing Stock and re-issuing Inscribed Stock Certificates.
16. Nothing in this Ordinance contained shall prevent the raising of Loans in Hongkong under such terms and conditions as shall be specified in any Ordinance authorizing the raising of such Loans.
17. This Ordinance may be cited as The General Loan and Inscribed Stock Ordinance 189
Passed this
in the year of our Lord One
thousand eight hundred and ninety
The Governor may borrow £200,000,
Contribution
to Sinking Fund.
A BILL
ENTITLED
An Ordinance for raising the sum of £200,000 by Loan for the purpose of defraying the cost of certain Public Works.
W
HEREAS it is expedient to raise a Loan of £200,000 for the purpose of defraying the cost of the Public Works mentioned in the schedule hereto : Be it therefore enacted by His Excellency the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-
1. The Governor may borrow the sum of £200,000 by the sale of Inscribed Stock under the provisions of "The General Loan and Inscribed Stock Ordinance 189 ”
2. The contribution to the Sinking Fund as coutemplated in sections 6 and 7 of the Ordinance above referred to shall commence at the expiration of three years from the date on which the interest on the Inscribed Stock to be issued under this Ordinance shall begin to accrue.
SCHEDULE.
Praya Reclamation.
Central Market.
Slaughter House, and Sheep and Pig Depôts.
Water, Drainage, and Sewerage works.
Extension and improvement of the Gaol.
GOVERNMENT NOTIFICATION.No. 518.
The following Correspondence respecting space in the Imperial Institute allotted for Exhibits from Hongkong, which was laid before the Legislative Council on the 14th instant, is published.
By Command,
Colonial Secretary's Office, Ilongkong, 14th December, 1892.
G. T. M. O'BRIEN,
Colonial Secretary.
=