Olangking 28 April 1876

Unofficial. Member of the Legislation Council

Am. 1. Invrock

M. Kerwick

P. Ryrie

The China Traders Insurance Company Ordinance. 1876.

Protect ... of ... against the passing

Enclosure Mr I in Governor Sir A. Kennedy's Despatch

No. 88 of 14 May 1876

7630

76.

145

(Tich) Remarks upon Protect against the China Traders Insurance Company's Ordinance (Cno. 2949)

1. The objection made to the General Measure was that the subdivision of shares might have been carried too far, "dollar shares" having been freely chosen for making ...

2. The Ordinance is an Ordinance Empowering the company to pass special resolution : i.e. by general meeting

a majority must approve the resolution, one by majority of two thirds, another by majority of those present

It is true that the winding up and reconstruction of the Company was possible, but the majority ...

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