HONGKONG AND SHANGHAI BANK. No. 2 of 1866.

(b) whenever execution or other process issued on a judgment, decree, or order obtained in any court in favour of any creditor, at law or in equity, in any proceeding instituted by such creditor against the company, is returned unsatisfied in whole or in part; or

(c) whenever it is proved, to the satisfaction of the court, that the company is unable to pay its debts.

1

29 On the determination of the term of twenty-one Power to

mentioned in section 4. (2) the powers and privileges extend herein before conferred on the company shall cease, unless the Governor, with the advice of the Legislative Council, declares to the contrary and by an Ordinance to that effect authorises the company to continue incorporated under the aforesaid provisions for a further term of ten years or for such period and under such provisions and conditions as may be contained in the said Ordinance.

155

the rights of

30. Nothing in this Ordinance shall affect or be deemed Saving of to affect the rights of His Majesty the King, His heirs and the Crown successors, or the rights of any body politic or corporate or and of of any other person except such as are mentioned in this certain other Ordinance and those claiming by, from or under them.

1867.

No. 1 of 1867, repealed by Law Revision Ordinance, 1923.

No. 2 of 1867, repealed by Law Revision Ordinance, 1923.

1868.

No. 1 of 1868.

An Ordinance to make provision for the more effectual

suppression of piracy.

[23rd May, 1868.]

rights.

[Originally No. 1 of 1868.

Law Rev.

Ord., 1924.]

Ordinance may be cited as the Suppression of short title.

1. Piracy Ordinance, 1868.

As amended by Law Rev. Ord., 1923. The period of incorporation was originally for 21 years from the date of the Ordinance but it was continued for a further term of 21 years by No. 5 of 1887 as amended by No. 18 of 1901, and for a further period of 21 years commencing from and including the 14th August 1908 (i.e. till and including the 13th August 1929) by No. 6 of 1907. As amended by No. 10 of 1922 and Law Rev. Ord., 1923.

As amended by Law Rev. Ord., 1923. See No. 3 of 1890, Third Schedule. As amended by Law Rev. Ord., 1923.

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