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Directors of the Bank propose to issue with a view to obtaining the authority of the shareholders for the proposed legislation, and for certain alterations in the Deed of Settlement of the

Company. Under Section 11 of Ordinance 2 of 1866 and Article

96 of the Deed of Settlement a certificate under the hand of

the Governor is necessary, and, subject to your approval, I do

not propose to withhold such certificate.

6.

The Directors of the Bank are anxious that the

necessary resolution authorising them to apply for and accept

the Ordinance may be passed at the general meeting to be held

in August, and as the notices for this meeting have to be sent

out at least ten days before the meeting, I should be glad if

you would communicate your decision on the Bill and the proposed

alterations in the Deed of Settlement by telegraph.

I have the honour to be,

sir,

Your most obedient,

humble servant,

Governor, &c,

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