A BILL
[No. 4:19.11.20.-4.] -
24
INTITULED
The
An Ordinance to consolidate and amend the constitution
Hongkong and Shanghai Bank Ordinances, -ing Corporation
1866 and 1924.
BE it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Hongkong and Short title. Shanghai Bank Ordinauce, 1927.
2. In this Ordinance,
(11)
Auditor" means auditor of the Bauk.
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(b) “Bank means the "Hongkong and Shanghai
Banking Corporation”.
(e) "Board" means Board of Directors and (if the context so requires) means the Directors assem- bled at a meeting of the Board.
(d) “Capital” means the share capital for the time
being of the Bank,
"
(*) "Chairman means the Chairman or his Deputy presiding at any meeting of shareholders or of the Board.
() "Chief Accountant means the person for the time being performing the duties of Chief Ac- countant of the Bank at the Head Office.
(g)
"Chief Manager" means the person for the time being performing the duties of Chief Manager of the Bank.
(h) "Directors" mean the Directors for the time being of the Bank or (if the context so requires) Directors present and voting at a meeting of the Board.
(i) “Dividend” includes any
bonus, or profits on any share.
(j) "Dollar"
interim dividend,
means dollar in Hong Kong currency.
(k) "General meeting" means a general meeting of
shareholders.
(7) “Head Office " means the principal place of business in the Colony for the time being of the Bank.
(m)
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Incapacitated Shareholder means a share- holder being an infant, or an idiot or lunatic, or non compos mentis, or a bankrupt or one whose estate shall, by the operation of law, have become vested in any other person or persons in trust for or for the benefit of his creditors.
(#) “Ordinance" or "the Ordinance ” means this
Ordinance.
(0) "Ordinary Resolution" means a resolution of a simple majority of shareholders at a general meeting.
Interpreta- tion.
"Person"
includes a firm, company
or cor-
poration.