The Hongkong and Shanghai Banking Corporation.
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time to time think fit, and any such appointment may (if the board thinks fit) be made in favour of any director or any one or more of the shareholders or any member of any such committee so constituted or established as aforesaid, or in favour of any company or of the members, directors, nominees or managers of any company or firm, or otherwise in favour of any fluctuating body of persons, whether nominated directly or indirectly by the board, and any such power of attorney may contain such powers for the protection or convenience of persons dealing with such attorney as the board may think fit; (any such attorney as aforesaid may be authorized by the board to sub-delegate all or any of the powers, authorities and discretions for the time being vested in him.
The common seal.
delegation.
seal.
119. The directors and any authorized officers of the bank shall after 17th May, 1929, subject to the provisions of paragraph (3) of regulation 120 continue to use the same common seal as before that date.
120. (1) The common seal shall be under the charge of the board which may from time to time give such directions as it thinks fit for the custody and use thereof.
(2) All deeds or instruments requiring the common seal of the bank shall be signed by one director and countersigned by the chief manager or by such other officer of the bank as may be authorized to do so by the board.
Custody of seal; common execution of under seal: documents common Ord. 8/46, s. 2, Schedule. seal.
(3) The common seal may from time to time be altered, changed, broken or destroyed and a new seal substituted by the board as it may think fit.
The official seal.
121. (1) The bank shall have for use in London, and if the board considers it expedient, at any other of its establishments, an official seal, which shall be a facsimile of the common seal with the addition on its face of the word "London" or the name of the territory, district or place, as the case may be, where it is to be used.
Official seal for use in London, etc.
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