limits of the order" would be neither a
*hongkong" nor a “C hina* Company and would
be subject to the sima law as other british
Companies.
Independently of the danger of
such companies with a share capital escaping
control under the draft order through the
Supreme Court for China, the affect of the
legislation is to limit the jurisdiction of
the Court and the functions of the Registrar
of Companies in Shanghai in a class of caseA
which have nothing to do with longcong.
it is, I think, clear that con-
panies limited by guarantee should not be ex-
cluded in defining Chin companies if the two
objects aimed at by this legislation, facility
of registration and guarantee of good faith
and British nationality, are to be attained.
The s we remarks apply to wlimited
companies though in a loss degree, as the risÍC B
to
403
i