THE HONGKONG GOVERNMENT GAZETTE, JUNE 14, 1907.
Crown Agents and partly with such Trustees, coin of de- nominations to be approved by the Secretary of State for the Colonies, or securities to be so approved, or partly such coin and partly such securities to an amount equal in value to such increase of capital, such coin or securities, or such coin and securities to be held by the said Crown Agents, or by the said Trustees separately or jointly as special funds exclusively available for the redemption of such increased issue of bills and notes by the Company payable to bearer on demand, and in the event of the Company becoming in- solvent to be applied accordingly as far as may be necessary, but without prejudice to the rights of the holders of such bills and notes to rank with other creditors of the Company against the assets of the Company.
ther term of
3. The Company shall continue incorporated and shall Continuance carry on the business of banking under the provisions and for the fur conditions contained in the Principal Ordinance as hereby 21 years of amended for the further term of 21 years commencing from the Hong- and including the 14th day of August, 1908.
kong and Shanghai Banking Corporation Ordinance. 1866.
ted under
4. All the provisions of section 3 of the Hongkong and Excess note Shanghai Banking Corporation Ordinance, 1899, are hereby issue perinit- continued for the following further period, namely from and certain con- including the 14th day of August, 1908, to and including ditions. the 13th day of August, 1929; Provided nevertheless that nothing herein contained shall exempt the Company from the operation of any existing or future laws restricting or regulating the issue of bills or notes in the Colony or in any place outside the Colony where the Company has or may hereafter establish banks or branch banks,
Passed the Legislative Council of Hongkong, this 13th day of June, 1907.
A. G. M. FLETCHER, Clerk of Councils.
Assented to by His Excellency the Officer Administering the Government, the 14th day of June, 1907.
A. M. THOMSON,
Colonial Secretary.
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