First Schedule.
Thearpora- tion.
Powers of corpora- tion.
Vasting of property. Second Schedule.
"constitution' means the constitution of the Hoseinee Society of Hong Kong as set forth in the First Schedule and any amendment or variation thereof which may be made under section 8.
3. The members of the committee of the Hoseinee Society of Hong Kong and their successors in office as hereinafter defined shall be a body corporate, hereinafter called the corporation, and shall have the name "The Hoseines Society of Hong Kong" and in that name shall have perpetual succession, and shall and may sue and be sued in all courts in the Colony and shall and may have and use a common seal, and may from time to time break. change, alter and make anew the said seal.
4. (1) The corporation shall have power to acquire, accept, grant leases of, purchase, take, bold and enjoy any lands, build- ings, messuages or tenements of what nature or kind soever and wheresoever situated, and also to invest money upon mortgage of any lands, buildings, messuages or tenements or upon the mort» gages, debentures, stocks, funds, shares or securities of any government, municipality, corporation or company and also to purchase, acquire and possess vessels and other goods and chattels of what nature and kind soever.
(2) The corporation shali further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange. partition, yield up, mortgage, pledge, demise, reassign, transfer or otherwise dispose of lands, buildings, messuages, tenements, morigages, debentures, stocks, funds, shares or securities or other goods and chattels whatsoever, which are for the time being vested in or belonging to the corporation upon such terms as to the corporation may seem ft.
5. (1) All those leasehold properties particulars whereof are contained in the Second Schedule with all rights, easements and appurtenances thereunto respectively belonging or usually held. occupied or enjoyed therewith, shall upon registration by the corporation in the Land Office of a memorial of this Ordinance vest in the corporation for the residue now unexpired of the terms created therein by the respective Crown leases thereof subject to the payment of the rent respectively reserved by the said Crown
3
leases and the observance and performance of the lessee's covenants and the conditions therein contained so far as they are applicable to the aforesaid properties, free from all trusts, but subject to such mortgages, charges, leases, tenancies and other agreements, as may be subsisting upon the commencement of this Ordinance.
(2) All other property, goods and chattels and rights which immediately before the commencement of this Ordinance belonged to or were held in trust for the Hong Kong Hoseince Society and known as the Flong Kong Hoscinee Fund are hereby trans- ferred to and vested in the corporation, and the corporation shall Irpon the commencement hereof be liable for all debts and liabilities of the said Hong Kong Hoseince Fund.
6. All deeds and other instruments requiring the seal of the Execution
of docu- corporation shall be sealed in the presence of two members of the ments. committee and shall be signed by two members and the secretary and treasurer, and all other documents, instruments and writings requiring the signature of the corporation shall be signed by the secretary or a member of the committee acting as the secretary.
7. (c) The appointment of members of the committee shall Appoint be made in accordance with the constitution.
ment of committee and regis-
(2) Within six weeks after the commencement of this Ordin- tration of ance or within such further period as the Governor may allow, particulara. and whenever thereafter any person is appointed to be a new member of the committee within six weeks of such appointment or within such further period as the Governor may allow, the corporation by its secretary shall furnish to the Registrar of Companies evidence of his satisfaction of the due appointment and the names and addresses of the members of the committee, or of such new member, and shall then and within three weeks of any change of secretary or change of address, furnish to such Registrar particulars of such secretary and of his place of residence or other sufficient address within the Colony.
(3) The registration of members of the committee shall be conclusive evidence of their appointment.
(4) There shall be payable to the Registrar of Companies a fee of five dollars in respect of registration of the committee under subsection (2), or of a new member of the committee, and a fee of une dollar shall be payable in respect of each search of the file.