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331
and on such terms and conditions as may be prescribed
by the Crown Agents at the time of the issue of the Debentures and I do hereby declare all or any of the
said Hong Kong Loans whether existing in the form
of Stock or Debentures to be convertible into
Inscribed Stock to be issued under the prov istons
of the said Ordinance and I do hereby authorise the
creation and issue of such an amount of Inscribed
Stock in exchange for the securities held for such
Loans as may be necessary and further authorise, the
or Debentures creation and sale of any such Inscribed Stock, for
A
the purpose of raising money for redeeming any
outstanding Loans, for paying any expenses in the
creation of Inscribed Stock and otherwise for carrying
out the provisions of the said Ordinance and that
any conversionhereby so authorised may be effected
either by arrangement with the holders of existing
securities or by purchase thereof out of moneys
raised by the sale of Inscribed Stock or partly in
one way and partly in the other.
Given under my hand and the Public Seal of the said
Colony
This
day of
in the year of our Lord one thousand nine hundred and
GOVERNOR
}