)
343
required amendment sanctioned, and the affair completed some
The paid up
twelve months
ago.
capital of the Bank at the time was $7.500.000 - the authorised note issue was for
a similar amount
(ar. 13. of Hongkong Bankordinance). and the security lodged
tvas
and
for
this
one third of this sum, viz $2,500,000 The Directors of the Bank sub- sequently decided on increasing the paid up capital to the full amount permitted by the ordin - -ance viz. to $10.000.000, has been duly accomplished. The authorised note issue Consequently is increased to the same amount the capital viz $10.000.000 and in conformity with the Treasury's requirements the Bank has to
one third of this sum viz $2993.983.3
lodge security for
addition
an