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AMERICAN TOBACCO COMPANY, LIMITED,

Per Secretary of Chate for the dolonies.

December, 1922.

523

All these Companies are China Companies and by mection 7 sub-bebtion (4) of the Hong Kong Ordinance Ro. 31 of 1918, being an Ordinance to amend the law relating to Campanier, these Campanier, in lieu of stamp duties, Probate Duty and Betate Buty, have to pay an annual fee at the gate of 4 gents for every #100 of the paid-up capital of the Company to the Colonial

The total fees payable this year by Treasurer at Hong Kong. these Companiës, mitting whatever payment is made in respect of A. Topate Sons, Limited, amounts to Kex. #82,868.

kritisi, American Tobaceo Company (China) Limited was incorporated in 1919 and the capital of this Compary was partly based on the actual assets plus the value of the goodwill of the Therefore the whole amount of the issueď subsidiary Companies. capital of those Companies at at Nbmuzy, 1919, is duplicated in the capital of British. American Tabacco Company (China)

Limited.

992

In 1918 the total dapital Tax paid by the British. American Tobacco Company (China) Limited and ite subsidiary odmpanies was Nex. $46,919.57 out of a total amount of Mex,$93, In 1990 the amount paid by received by the Colonial Treasurer. those companies was Max. #72,186.56 out of a total of Kex.gl£1, 608

In 1921 British, American received by the Colonial Treasuret,

Tobacco Company (China) Limited and its subsidiary companies vore transferred to the Hong Kong register and therefore natning

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