138
Receipt of dividends.
General Or. ders, 1862. r. 44.
Notice of meeting. Ib. r. 45.
Votes at meeting. Ib. r. 46.
Memorandum as to calling meeting, etc. Ib. r. 47.
Bill of ex-change or promissory note.
Ib. r. 48.
Compromise with contri- butory or debtor. Ib. r. 49.
No. 1.] THE ORDINANCES OF HONGKONG: [A.D. 1865.
aforesaid in the name and on behalf of the official liquidator.
(3.) No such investment shall afterwards be sold or transferred or otherwise dealt with except on a direction for that purpose signed by the official liquidator and countersigned by the Registrar or under an order made by the Judge.
45. All dividends and interest to accrue due on any such investments shall from time to time be received by the Registrar or by such bank as aforesaid, under a power of attorney to be executed by the official liquidator, and placed to the credit of the account of the official liquidator.
Meetings of Creditors or Contributories.
46. When the Judge directs a meeting of the creditors or contributories of the company to be summoned under section 139 or section 186 of the Companies Ordinance, 1865, the official liquidator shall give notice in writing, seven clear days before the day appointed for such meeting, to every creditor or contributory of the time and place appointed for such meeting, and of the matter on which the Judge desires to ascertain the wishes of the creditors or contributories: or, if the Judge so directs, such notice may be given by advertisement, in which case the object of the meeting need not be stated, and it shall not be necessary to insert such advertisement in The Gazette.
47. The votes of the creditors or contributories of the company at any meeting summoned by the direction of the Judge may be given either personally or by proxy; but no creditor shall appoint a proxy who is not a creditor of the company whose debt or claim has been allowed, and no contributory shall appoint a proxy who is not a contributory of the company.
48. The direction of the Judge for any meeting of creditors or contributories under section 139 or section 186 of the Companies Ordinance, 1865, and the appointment of a person to act as chairman of any such meeting, shall be testified by a memorandum signed by the Registrar.
Direction or Sanction of the Judge.
49. The sanction of the Judge to the drawing, accepting, making, and indorsing of any bill of exchange or promissory note by the official liquidator shall be testified by a memorandum on such bill of exchange or promissory note signed by the Registrar.
50.-(1.) Every application for the sanction of the Judge to a compromise with any contributory or other person indebted to the company shall be supported by the affidavit of the official liquidator that he has investigated the affairs of such contributory or person, and stating his belief that the proposed compromise will be beneficial to the company, and his reasons for such belief.
(2.) The sanction of the Judge thereto shall be testified by a memorandum, signed by the Registrar, on the agreement of compromise, unless any party desires to appeal from the decision of the Judge, in which case an order shall...