1696
No. 9 of 1907.
NEDERLANDSCH-INDISCHE HANDELSBANK.
No. 5 of 1907, incorporated in No. 5 of 1906.
No. 6 of 1907, incorporated in No. 2 of 1866.
No. 7 of 1907, incorporated in No. 3 of 1885.
No. 8 of 1907, incorporated in No. 1 of 1903.
Short title.
Company
No. 9 of 1907.
For giving to the Nederlandsch-Indische Handelsbank certain facilities for carrying on its business in the Colony.
[21st June, 1907.]
WHEREAS a company has been incorporated in the Netherlands for the transaction of trading, banking, and financial business under the name of the Nederlandsch-Indische Handelsbank under Royal Decrees of the late King of the Netherlands whereby the liability of the shareholders is limited to the amount of their shares respectively: AND WHEREAS an agency of the said company has been established in this Colony: AND WHEREAS it appears that the said company has in accordance with the law of the Netherlands no common seal and is therefore unable to exercise divers of the powers which corporations having common seals can and may exercise: AND WHEREAS it is expedient to enable the said company to carry on its business in the Colony in like manner as though it had been incorporated under the law of this Colony :-
1. The Nederlandsch-Indische Handelsbank Ordinance, 1907.
2. The said company shall be capable in law to take, hold, and dispose of property, movable or immovable, within the Colony for the purpose of its business.
Company may sue and be sued under its name.
Deeds signed
3. (1) The said company may sue and be sued and take all legal proceedings in the Courts of the Colony by the name of the Nederlandsch-Indische Handelsbank.
(2) All writs of summons, notices, and legal process may be served on the said company by being left at the office in Hong Kong hereinafter mentioned, or at any other office in the Colony where the business of the said company shall be carried on.
4. (1) All conveyances, powers of attorney, deeds and other instruments of whatsoever nature which if the said company were incorporated under the law of this Colony would be required or permitted to be executed under the common seal of the company shall, if signed by the manager or other person authorised by the company, be as valid as if they had been executed under the common seal of the company.
* As amended by No. 12 of 1912.