*
and embarassments.
Seventh; Thas the privilege of
404
Limited Liability
can
easily
and
expeditiously be conferred by special.
ordinances of the Colonial Legislature upon such Companies as
offer fair
guarantees of respectability and goed faich; and the Oublic of Hongkong therefore may
without
the Ordinance in question enjoy
all the advantages which its advocatis attribute to it and at
the same time be protected from! such schemes as have in Eyland
brought discredit on the name Limited Liability.
of
These are the reasons which
EX-