The Hongkong and Shanghai Banking Corporation.

future) including its uncalled capital, and to create, execute and issue mortgages, debentures and charges, and to issue circular notes, bills, drafts and other instruments and securities, whether payable to bearer or otherwise, and to make the same or any of them assignable free from equities;

(s) to establish and support or aid in or contribute to the establishment and support of associations, institutions, funds, trusts and conveniences calculated to benefit employees or ex-employees of the bank or the dependants or connexions of such persons; and to grant pensions and allowances and donations to any persons who have been in the employ of the bank or to employees or ex-employees of any persons, firms, companies or corporations whose business may have been acquired by the bank; and to make payments towards insurance and to subscribe or guarantee money for gifts or testimonials, or for national, provincial, municipal, educational, scientific, religious, charitable or benevolent objects, or for any public, general or useful object;

(4) to sell, improve, manage, develop, exchange, lease, mortgage, dispose of, turn to account or otherwise deal with all or any part of the property, concessions, franchises, charters, patents, monopolies, privileges or rights of the bank for the time being, whatsoever and wheresoever;

(u) to establish, promote or concur in establishing or promoting any company, corporation, syndicate or firm whose business or objects include the acquisition and taking over of all or any of the property, assets and liabilities of the bank or in which the bank is interested, or which are in any manner calculated to advance directly or indirectly the objects or interests of the bank, and to take or otherwise acquire and hold shares in or securities of any such company, corporation, syndicate or firm and to guarantee any payments in respect of any shares, debentures or securities (whether in the nature of capital, principal, income or interest or otherwise) issued by any such company, corporation, syndicate or firm;

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