:
The Provise in Section 4
which is worded similarh
Corresponding
charter
113
to the
Proviso in the above
was not intended to
confer
the lower of establishing Branch Banks and Agencies
in
any
place out of the Colony as such
a
Provision would have been m
"ultra vires" but it was inserted
at the request of the Company
in order that it should be made
quite clear that their stongplong Charter which only empowers them
business "in the Colony "
to carry
Mn.
should not be vitiated by the
establishment
of
Branches
or
Agencies
elsewhere..
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