of cause of the

Banks

are

going

b

with draw their note circulation from the

Straits there is

not 50

more as ou

Hang Hay

ou

it should why the transference

of the securities from singapore, to

that Colony.

The H.X.VS. Bank are

to withdraw; see

Souis

letter in 18335-

pas. 5 of their

The notes of the National

Bank of Chunia

Liability Acts.

are

x More ours bounties

Jayaporn.

bank in repin to keep at lav

BY

bullion =

56

the note caret

at that has

7 Course J hste frui By Kday me by the amper

with

amount!

accepted by the Grothels seres h of legal lender.]

1997 179

Khk

La

wThe Bank was started under the Limited in bas

In 1895 their H.. cosine $450.000, which

&

un der

0rd 2

of 1895 (the ord refined to by the Treasury - which they approved in 8644/95) cannot be increased without the sofss

sanction. The Shareholders'

153.608

liability for the Note Issue is, I

the Comfames Act of 1879, unlimited.

# ku Strand, ou Legal tender

3831/90

It was agreed to accept their notes as cash at Gor & effices - cc. gave them a status - 21041/9

if they would deposit securities to the

extent of

one-theid total essive. They

what height on Gert, Bonds, and we asked 27421/

offered

Chinese

limit of criculation was

their criculation was outside the

Colony, and by what mistument fixit,

when their notes were issued; and where

they

will

redeemable.

have had no

To that lettere

refs.

there has been

a recent

affilication (not disfront of yet / from the

-(x)- $65-2000-12-97

Mercantile Bank of

wish to

Bank of India, who

resume

their old prisley 595

(as the chartered Mercantile Bank of Judia, London and Chernia) of a 606

note issue.

See 19414.

? In draflui

on

10834

that the s.ifs. frases mistruct the bond that a report must be

say Governor

firmished next

spring: tell them how

the straits Gar / Note Issue stands, nd [han't out that the s. fs. is

that there is anything

ами

not awere

B.

bo

present the tie Banks transferring their Straits issue to Hong Kong, if they transfer the security. Paut utd Vis that the

National Bank of China

has its

H.K.

issie limited to the

by Ciday

and in leeres lood) wme # 450,000

2 of 1595, which is the

submitte [in draft) to the

0.0 biller

13 M

ling 5

Ord

Treasury

send 2 copies of the Ordy, and conferim

par. 5 of this the statement in for. letter. Tell them the exact ft.

reached

in negotiating

with the

their news on the

National Bank of Chris, and

arking application & Me Mercantile Baughn A. F.

send a aby

W Con

zu

W Wing held

17/10.

dundust and to Findian to mean that this

reply shared be sent

Love love the the minutes

Ex

to the Neay

at the

19834

42.

carried

78710

int, and I think this is whats required.

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