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until the companies limited by guarantee are provided
for, and I think therefore that we had better comply
with their desires if possible.
The following paragraphs are taken from Sir
E.Fraser's despatch:-
As regards the objection to including companies
"other than those 'limited by shares' within the
"scope of the Order-in-Council, I have the honour to
"forward a letter from His Majesty's Crown Advocate
"dealing so fully with the matter that I need only "remind you that two years ago the Board of Trade "was of opinion that, in case provisions as to all
"shares in a China Company being fully paid were "thought necessary, China Companies should be pro- "hibited from incorporation except as 'limited by
"shares".
" The addition to the Order of such a prohibition "would to a very great extent meet the necessities "of the case as perceived by His Majesty's Officers
"in China, and if the prohibition were not retro- "spective, it need not cause inconvenience to genuine "charitable