The Hongkong and Shanghai Banking Corporation.
regulations or otherwise shall, notwithstanding and after the dissolution, remain and be vested in or exercisable by the board and in full force for the purpose of working out the dissolution and winding up the affairs of the bank.
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Power to make calls, necessary
board to
execute
documents
assets.
163. For the purpose of the dissolution the board from time to time in its discretion may call up from the shareholders and enforce payment of all moneys which they respectively are liable to pay either under the Ordinance or and distribute these regulations towards the discharge of the bank's surplus liabilities, and may do and execute all such deeds and things whatsoever for getting in and disposing of the property and discharging, so far as the assets extend, the debts and liabilities of the bank and distributing amongst the shareholders the surplus assets (if any) of the bank, and finally winding up and closing the affairs of the bank, and putting an end thereto, as the board thinks fit.
Jurisdiction.
164. All orders or judgments made or given by the Supreme Court in respect of the bank or its affairs or its shareholders shall be binding on all the shareholders wherever residing, and may be enforced against any shareholders residing outside the Colony through the medium of the court of justice exercising jurisdiction in the place where such shareholder resides, and no shareholder shall be entitled to dispute or question the validity or effect of any such order or judgment if application is made to any court outside the Colony to enforce the same.
Authentication of document or proceeding.
Orders, etc., Court of to bind
of Supreme
Hong Kong
shareholders.
tion of
165. Any document or proceeding requiring authentication by the bank may be signed by any authorized officer of the bank and need not be under its common seal.
Copy of Ordinance and regulations.
Ordinance
and
regulations.
166. The bank shall send to every shareholder, at his request, and on payment of five dollars or such less sum as the board may direct, one copy of the Ordinance and of these regulations.
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