4
(5) The provisions of sub-section (3) shall apply notwith- standing that in the case of an instrument executed out of the Colony it shall have been stamped in accordance with the pro- visions of section 17 of the principal Ordinance.
(6) Any person who fails to comply with the provisions of sub-section (9) shall be liable on summary conviction to a fine not exceeding ten thousand dollars and to imprisonment for any term not exceeding one year.
(7) A failure by a person to comply with the provisions of sub-section (3) shall not have the effect of rendering the drawer of the instrument affected, or any holder prior to the person 80 failing to comply, liable to any penalty or disability.
Passed the Legislative Council of Hong Kong, this 27th day of April, 1949.
Q.L. Hyund
Deputy Clerk of Councils.
HONG KONG
No. 18 or 1949.
I assent.
Малокат
Goverber
28th April, 1949.
An Ordinance to provide for the incorporation of the President
in Hong Kong of the China Peniel Missionary Society,
[29th April, 1940.]
Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof:
1. This Ordiunnge may be cited as the China Peniel Short dide. Missionary Society Incorporation Ordinance, 1949.
2+ The Prosident for the time being in Hong Kong of the Incorporation. China Peniel Missionary Society shall be a Corporation sole (hereinafter called the Corporation") and shall have the name of "The President" in Hong Kong of the "China Peniel Missionary Society Incorporated" and by that name shall and may sue and be sued in all courts in this Colony and shall and may have aud use a common sea),
Ам (1) Subject to the provisions of sub-section (2) the Powers of Corporation shall have power to acquire, accept leases of, purchase, Corporation, take, bold and enjoy any lands, buildings, messuages or tenements of what nature or kind soaver and wheresoever situated, and also to invest monies upon mortgage of any lands, buildings, messuages or tenements, or upon the mortgages, debentures, stocks, funda, abares or securities of any government, municipality, corporation, or company and also to purchase, acquire, and possess goods and chattels of what nature and kind soever.