15-1
LEGISLATIV S
Meeting to be held on Wednesday, 1st October, 1952, at 2.30 p.m.
ORDER OF BUSINESS,
COMINATION OF ZINUTES OF RESMİG MED Q1 1717 SEPTSİDER, 1952.
2 PAPERS TO DE LAID.
3
GOVERLIEST DUSINESS.
(1) The Telephone Ordinance, 1951.
The Financial Secretary to move the following resolution 1-
WHEREAS by sub-section (1) of section 6 of the Telephone Ordinance,
1951, the capital of the Hong Kong Telephone Company Limited shall be nineteen million dollars divided into one million nine hundred thousand alures of ben dollara euch: Provided that after an amount of fifteen million dollars of such capital shall have been issued no part of the balance shall be issued without the prior consent of the Legislative Coutoil signified by resolution;
AND UHSMEAS the said Company has requested such consent and the
granting of such consent is considered desirable;
IT IS RESOLVED that consent be given for the said Company to increase
its capital beyond the sum of fifteen million dollara by an in- crease of four million dollars divided into four hundred thousand shures of tan dollars each; but that such shares shall be issued ot twelve dollara and fifty cents per share.
(2) The Telephone Ordinance, 1951.
The Financial Secretary to move the following resolution :-
RSSOLVED in accordance with sub-section (2) of section 29 of the
Telephone Ordinance, 1951, But as from the fat Dotober, 1952, the Schedule to the said Ordinance be amended by the deletion of items 1 and 2 of Part I and the substitution therefor of the following
Item Particulars of Charge
1
2
For an exchange line used for
business purposes within Victoria, Kowloon or the Peak District, or within a radius of one mile from any exchanga that may be established out- side those croas.
For an exchange line in a bona
fide place of residence within Victoria, Kowloon or the Peak District or within a radius of one mile from any exchange that may be established out- aide those areas,
Amount of Charre
$550 for the first year payable in advance. Thereafter $500 per annum pay- able quarterly in advance.
$275 for the first your payable in advance. Thereafter $225 per comum pay- able quarterly in navance.
R. Thompson,
Deputy Clerk of Councils.