38th Section of the Companies Act of 1862, not 1867, which the Prospectus of a new Company is Effectively bound by any contract made prior to the date of such Prospectus,
3. You will be desired to inform the Chief Justice of Hongkong that I have had under consideration his letter enclosed in despatch No. 205 protesting against the framing of the act in question, & that I have not failed to observe that "as Chief Judge of the Court he felt that the Court cannot effectually carry out the provisions (for reducing capital) as they stand, but that my attention has been called to the 13th and 18th sections of the English Act, under which the Court would be bound to refuse to make an order confirming the Reduction, unless the Company seeking the Order produced the Consent of holders of a Bill of Exchange, or proof that all claims upon every Bill of Exchange had been discharged, or had been determined, or had been Secured: if therefore they
7 | 76-1 & 8 1815)
However, to follow the exact output format requested, here is the revised version:38th Section of the Companies Act of 1862, not 1867, which the Prospectus of a new Company is Effectively bound by any contract made prior to the date of such Prospectus,
3. You will be desired to inform the Chief Justice of Hongkong that I have had under consideration his letter enclosed in despatch No. 205 protesting against the framing of the act in question, & that I have not failed to observe that "as Chief Judge of the Court he felt that the Court cannot effectually carry out the provisions (for reducing capital) as they stand, but that my attention has been called to the 13th and 18th sections of the English Act, under which the Court would be bound to refuse to make an order confirming the Reduction, unless the Company seeking the Order produced the Consent of holders of a Bill of Exchange, or proof that all claims upon every Bill of Exchange had been discharged, or had been determined, or had been Secured: if therefore they
7 | 76-1 & 8 1815)