COPY.

Enclosure 2.

100 Re

446

Roof 22 MAY 00,

Extracts from opinion of Mr.J.J.Francis, Q.C.,given in 1893.

"I have carefully studied (1) Ordinance 6

of 1883 as amended (2) The Order-in-Council and Government

Notifications thereanent (3) the Prospectus and Articles of

Association of the Tramways Company of July 1884 (4) the

recent correspondence with the Government on the subject of

the proposed transfer to Mr.Kirk of the rights of the Pro-

moters in respect of Tramways Nos.1,2,3,4, and 5 and (5)all

other papers bearing on the subject within my reach, and I

am of opinion:

1. The rights and privileges conferred by

The Tramways Ordinance 1885 on the Promoters are still

valid and subsisting.

2. These rights and privileges are now vested

in and exerciable by the three Promoters now living and by

no other persons. I cannot find that any Transfer or Assign-

ment of any of these rights and privileges has ever been

made to any person or persons, company or corporation except

in respect of Tramway No.6 (i.e.the Peak Line) A Company

was formed and registered in July 1884 to take over the

rights

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