Enclosure 2.
CO
17153
126
R 3 APR 201
ATTORNEY GENERAL'S CHAMBERS,
Hongkong....th..TER
5th February, 19₤0:
REPORT ON ORDINANCE No.........................................................................of 1920,
1.
I have examined the accompanying Ordinance intituled
an Ordinance to make provision with regard to the execution of
instruments under seal by the agents of certain foreign corporations,
and I am of opinion that the Ordinance is one which is not contrary to the
Governor's Instructions.
2.
Speaking shortly, the Ordinance provides that a power of
attorney given by a foreign corporation need not be under seal for
attorney any local purpose if the power of / is valid under the law of the
The Ordinance foreign state where the corporation is incorporated.
un-
ie made retrospective for the purpose of quieting doubts on the valid- ity of the titles to leaseholds which have been assigned under sealed powers of attorney given by foreign corporation in the past.
3.