}
A
N CONFIDENTIAL
171
18438
RES
REC 25 MAR
GOVERNMENT HOUSE,
HONGKONG. 5th. February, 1919.
Lov
299421
My Lord,
In continuation of Sir Henry May'a
Confidential Despatch of 16th. April, 1917, I have the honour to inform Your Lordship that a formal application was receiv- -ed on 13th. December, 1918, by the Registrar, Supreme Court, for the filing under section 252 of the Companies Ordinance (No. 58 of 1911) of the documents necessary to enable the Bank to operate in the Colony.
2.
·
sad
The Acting Manager of the Hongkong Brmch states that it is the intention of the Bank under instruct-
-ions from the Head Office in Peking to build suitable
premises on a prominent site in Queen's Road Central and to undertake all kinds of banking business here. At present, until the conditions of the Companies Ordinance already
referred to are complied with, only such business as can be dealt with by Native Banks including the payment of Chinese Loan Interest Coupons is transacted, with a staff of about
fourteen accommodated in a temporary office in Bonham Strand
East. As the law stands, there is no ground for objection to the proposal.
E RIGHT HONOURABLE
VISCOUNT MILNER, G.C.B..
&o..
&c...
-
I have the honour to be, My Lord,
Your Lordship's most obedient,
humble servant,
Maud Hvem
Officer Administering the Government.
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