299
GOVERNMENT HOUSE,
HONGKONG.
17th November, 1913.
My dear Sir:-
With reference to your letter of the 28th
October, I enclose a copy of a report of the Registrar
of the Supreme Court and of comments thereon by the
Acting Colonial Secretary as to the working of the
Companies (Sale of Shares) Ordinance No.5 of 1891.
I hope that these will be of use to you in
drafting Regulations for Shanghai.
Believe me, &c.,
(Signed)
Claud Severn.
(Officer Administering the
Government).
F.S.A.Bourne, Esq., C.M.G.
Report on the Companies (Sale of Shares) Ordinance
No.5 of 1891.
The general opinion of share brokers and others,
whose views I have heard, is as follows:-
The Ordinance had a very salutary effect when it
came