THE HONGKONG GOVERNMENT GAZETTE, 23RD SEPTEMBER, 1876. 395
Several sections of the Act of 1867 have been omitted, which, as dealing with the county courts, have no application in the Colony. Section XXXIX is also omitted, as it appears to be scarcely necessary, having regard to the circumstances of the Colony. The rest of the Act has been included in this Ordinance without change, except by inserting the word "hereafter" in section XXXVI so as to avoid any appearance of dealing with contracts that may have been made before the passing of the Ordinance.
The Ordinance has the following objects in view :-
(a.) Enabling companies to be constituted, if so desired, with limited liability in the members, and unlimited liability in the directors, Sections IV to VIII. (b.) Enabling companies to reduce their capital. Sections
IX to XIX.
(c.) Enabling companies to subdivide their shares. Sections
XX and XXI.
(d.) Enabling associations formed for any useful object, which does not involve the payment of a dividend to the members, to register themselves as limited companies, without annexing the word "limited" to their names, Section XXII.
(e.) Enabling companies to issue preference shares, and re- quiring all shares to be paid for in cash, unless issued under a registered contract. Sections XXIII and XXIV.
(f.) Enabling a transferor of shares to enforce a registry of
the transfer. Section XXV.
(9.) Enabling warrants for fully paid up shares or stock to
be issued to bearer. Sections XXVI to XXXV. (h.) Defining the mode in which contracts by a company are
to be executed. Section XXXVI.
(i.) Requiring a general meeting of a company to be held within four months after registration. Section XXXVII, (j) Facilitating compromises between companies that are being wound-up, and their creditors. Section XXXVIII. (k.) Placing a restriction on persons buying shares for the purpose of enabling them to petition for the winding-up of a company. Section XXXIX.
J. RUSSELL, Acting Attorney General,
Hongkong, 21st September, 1876.
POST OFFICE NOTICE.
Correspondence for New Zealand may now be forwarded viâ Torres Straits when specially directed for that route, otherwise it will be sent by way of Galle.
General Post Office, Hongkong, 18th September, 1876.
No. 158.
ALFRED LISTER,
Postmaster General.
GOVERNMENT NOTIFICATION.
Tenders will be received at this Office, until noon of the 26th September, for the Public Scaveng- ing of the City of Victoria for Fourteen Months commencing on the 1st November, 1876.
The Contractor will be bound by the Rules and Regulations made by the Governor in Council on the 2nd of October, 1874, and by such other Rules and Regulations as may be passed during the period over which the Contract extends, and by the Conditions of the Contract, which can be seen at the Surveyor General's Office.
The Tenders should specify the Names and Residences of the proposed Sureties, two in number.
By Command,
J. GARDINER AUSTIN, Colonial Secretary.
Colonial Secretary's Office, Hongkong, 26th August, 1876.
NOTIFICATION.
It is hereby notified to all persons interested in the Chinese Passenger Trade at this and the open Ports in China, that, under the provisions of Ordinance No. 5 of 1876, no vessel will be allowed to leave any of the above mentioned Ports on a voyage of more than seven days' duration, unless the Master of such ship shall be provided with a Licence under the hand of the Governor, and the public seal of the Colony; or under the hand and seal of an Emigration Officer.
H. G. THOMSETT, R.N.,
Harbour Department, Hongkong, 18th July, 1876.
Emigration Officer, Sc.