THE
Hongkong
Government
GAZETTE.
NEW SERIES.
VICTORIA, SATURDAY, 17TH APRIL, 1858.
GOVERNMENT NOTIFICATION.
VOL. III. No. 150.
The Contract for publishing this Gazette, entered into on the 24th September, 1853, was terminated on the 30th ultimo; and notice is hereby given, that a NEW SERIES of this Gazette will be published hereafter, to commence from the 7th instant, under a New Contract, and that
“THE HONGKONG GOVERNMENT GAZETTE" will, as before, be the only Official Organ for Proclamations, NOTIFICATIONS, and PUBLIC PAPERS, of this Government.
W. T. MERCER, Colonial Secretary.
By Order,
Colonial Secretary's Office, Victoria, Hongkong, 2d July, 1855.
No. 36.
GOVERNMENT NOTIFICATION.
The subjoined Parts of the "Joint Stock Companies' Act, 1856,” extended to this Colony by Ordinance No. 5 of 1858, are published for general information.
By Order,
Colonial Secretary's Office, Victoria, Hongkong, 8th April, 1858.
W. T. BRIDGES, Acting Colonial Secretary.
Directors to be
XIV. If the Directors of any such Company shall declare and pay any Dividend when the Company is known by them to be insolvent, or any Dividend the Payment of which would to their Knowledge render liable for Debts if Dividend be paid when it insolvent, they shall be jointly and severally liable for all the Debts of the Company then existing, and the Company is known for all that shall be thereafter contracted, so long as they shall respectively continue in office: Provided by them to be in- always, that the Amount for which they shall all be so liable shall not exceed the Amount of such Dividend; solvent. and that if any of the Directors shall be absent at the Time of making the Dividend or Dividends so declared or paid, or shall object thereto, and shall file their Objection in Writing with the Clerk of the Company, they shall be exempted from the said Liability.
XXVIII. The Company shall have a registered Office to which all Communications, and Notices Registered Office of may be addressed: If any Company registered under this Act carries on Business without having such Company. an Office, it shall incur a Penalty not exceeding Five Pounds for every Day during which Business is so carried on.
XXIX. Notice of the Situation of such registered Office, and to the Registrar of Joint Stock Companies, and recorded by him: pany shall not be deemed to have complied with the Provisions registered Office.
of any Change therein, shall be given Notice of Situation Until such Notice is given the Com- of registered Office. of this Act with respect to having a
XXX. Every Limited Company registered under this Act shall paint or affix, and shall keep painted Publication of Name or affixed, its Name on the Outside of every Office or Place in which the Business of the Company is by a Limited Com- carried on, in a conspicuous Position, in Letters easily legible, and shall have its Name engraven in legible pany. Characters on its Seal, and shall have its Name mentioned in legible Characters in all Notices, Adver tisements, and other official Publications of such Company, and in all Bills of Exchange, Promissory Notes, Endorsements, Cheques, and Orders for Money or Goods, purporting to be signed by or on behalf of such Company, and in all Bills of Parcels, Invoices, Receipts, and Letters of Credit of the Company.
Penalties on Non-
XXXI. If any Limited Company registered under this Act does not paint or affix, and keep painted or affixed, its Name in manner aforesaid, it shall be liable to a Penalty not exceeding Five Pounds for not publication of Name. só painting or affixing its Name, and for every Day during which such Name is not so kept painted or affixed; and if any Officer of such Company, or any Person on its Behalf, uses any Seal purporting to be a Seal of the Company whereon its Name is not so engraven as aforesaid, or issues or authorizes the Issue of any Notice, Advertisement, or other official Publication of such Company, or signs or authorizes to be signed on behalf of such Company any Bill of Exchange, Promissory Note, Endorsement, Cheque, Order for Money or Goods, or issues or authorizes to be issued any Bill of Parcels, Invoice, Receipt or Letter of Credit of the Company, wherein its Name is not mentioned in manner aforesaid, he shall be liable to Penalty of Fifty Pounds, and shall further be personally liable to the Holder of any such Bill of Exchange, Promissory Note, Cheque, or Order for Money or Goods, for the Amount thereof, unless the same is duly paid by the Company.
XLI. Contracts on behalf of any Company registered under this Act may be made as follows; (that Contracts how made. ja to say,)
(1.) Any Contract which if made between private Persons would be by Law required to be in Writ
ing, and if made according to English Law to be under Seal, may be made on behalf of the Company in Writing under the Common Seal of the Company, and such Contract may be in same Manner varied or discharged;
(2) Any Contract which if made between private Persons would be by Law required to be in Writing, and signed by the Parties to be charged therewith, may be made on behalf of the Company in Writing signed by any Person acting under the express or implied Authority of the Colopany, and such Contract may in the same Manner be varied or discharged :