urshes of your Lords lups.

this Grace's letter states that receipt of Lordships See co f The Notes Lordships On referring to the Copy of Mr Peel's letter the Board of Directors obsewect that objected to the receipt of the woks if the Bank at the Colonial Treasury and q by ths the Collecton the Colonial Revenue at Hong Kong, & the Directors king apprehensive what wishertions would be sent out to Hong Kong by Grace to revoke the Orders previously given by H. l. Gomument at Hong Kong to the Colonial- "Treasurer and the Collectors of Colornal Reverone to receive the Notes of the Bank, which revnation would have export the Back to serious injury from the distrust that it worned runds onstructed of have engendered in the the public, the Board of Directors Ay 6 request the Grand to defer the hausningsion of such instructions until they had had an opportunity of baying before your Lordships a full explanations on on which your Lordships appeard the points on which have formed an advase opinion to the Bank, which the Duectors were confident 10 They remove. to should be able to They have now therefore motivated us the following remarks to your Loudships respectfully, bey have to do.

adchefs which we Mr Peel's letter after ackumbedging the recept objection to the 菲 388 your recognition of of the "Chartered Bank # India Aushalia and China which as a Bank incorporated by Royal Charter Blood The "prentat on the Banks. Sarni footing a The Directors would have been beat to infer from that paragraph of Mr Peel's letter, of it. had stood alone, that your Lordships were nut curanL. that " The Agra and munted Samice Bank Limited A had law uveorporated by Royal Chanter, but the next paragraph of Mr Peels letter informs this Grace that your Lordships received from the Board of of August 1861 $ Q_ hadde in The 3rd petition from the Duectors of this Bank praying for the Grant of or Supplemental Chauler authorizing them to Notes w H.ctto colonies. ground doubt had ansen whether under them charter are The Sere Hat of - Incorporation they professed that power, " Hand the Directors Lordships aure alvare. your presume that that the itga and? mited Saurie Bank Limited was Incorporated by Royal Charter, and they presume that the a to paragraph ini question had reference supposed distinction between the Charter of the "Ayra Bank" and the chailers of the Oriental

Page 388

has been revised to

urshes of your Lordships.

this Grace's letter states that receipt of Lordships See co f The Notes Lordships On referring to the Copy of Mr Peel's letter the Board of Directors observe that objected to the receipt of the woks if the Bank at the Colonial Treasury and q by ths the Collecton the Colonial Revenue at Hong Kong, & the Directors being apprehensive what instructions would be sent out to Hong Kong by Grace to revoke the Orders previously given by H. M. Government at Hong Kong to the Colonial Treasurer and the Collectors of Colonial Revenue to receive the Notes of the Bank, which revocation would have exposed the Bank to serious injury from the distrust that it would have engendered in the public, the Board of Directors request the Grace to defer the transmission of such instructions until they had had an opportunity of laying before your Lordships a full explanation on the points on which your Lordships appeared to have formed an adverse opinion to the Bank, which the Directors were confident they should be able to remove.

They have now therefore requested us to make the following remarks to your Lordships respectfully.

Mr Peel's letter after acknowledging the receipt objection to the recognition of the "Chartered Bank of India Australia and China" which as a Bank incorporated by Royal Charter states The Directors would have been led to infer from that paragraph of Mr Peel's letter, if it had stood alone, that your Lordships were not certain that "The Agra and United Service Bank Limited" had been lawfully incorporated by Royal Charter, but the next paragraph of Mr Peel's letter informs this Grace that your Lordships received from the Board of Directors of this Bank in August 1861 a petition praying for the Grant of a Supplemental Charter authorizing them to issue Notes in Her Majesty's colonies, on the ground that doubt had arisen whether under their Charter of Incorporation they possessed that power.

Page 388

Here is the revised response in HTML format as requested:

urshes of your Lordships.

this Grace's letter states that receipt of Lordships See co f The Notes Lordships On referring to the Copy of Mr Peel's letter the Board of Directors observe that objected to the receipt of the woks if the Bank at the Colonial Treasury and q by ths the Collecton the Colonial Revenue at Hong Kong, & the Directors being apprehensive what instructions would be sent out to Hong Kong by Grace to revoke the Orders previously given by H. M. Government at Hong Kong to the Colonial Treasurer and the Collectors of Colonial Revenue to receive the Notes of the Bank, which revocation would have exposed the Bank to serious injury from the distrust that it would have engendered in the public, the Board of Directors request the Grace to defer the transmission of such instructions until they had had an opportunity of laying before your Lordships a full explanation on the points on which your Lordships appeared to have formed an adverse opinion to the Bank, which the Directors were confident they should be able to remove.

They have now therefore requested us to make the following remarks to your Lordships respectfully.

Mr Peel's letter after acknowledging the receipt objection to the recognition of the "Chartered Bank of India Australia and China" which as a Bank incorporated by Royal Charter states The Directors would have been led to infer from that paragraph of Mr Peel's letter, if it had stood alone, that your Lordships were not certain that "The Agra and United Service Bank Limited" had been lawfully incorporated by Royal Charter, but the next paragraph of Mr Peel's letter informs this Grace that your Lordships received from the Board of Directors of this Bank in August 1861 a petition praying for the Grant of a Supplemental Charter authorizing them to issue Notes in Her Majesty's colonies, on the ground that doubt had arisen whether under their Charter of Incorporation they possessed that power.

Page 388

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