2
(b) shares of The Hongkong & Shanghai Banking Corporation and the Union Insurance Society of Canton, Ltd.:
Provided that the price to be paid will show a return of not less than five per cent based on the last annual dividend paid;
(c) shares of public companies incorporated in Hong Kong and quoted on the Stock Exchange in Hong Kong as recommended by a chartered accountant practising in Hong Kong:
Provided that the price to be paid will show a return of not less than six per cent based on the last annual dividend paid,
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and shall have full power to sell, convey, assign, transfer, surrender and yield up all such investments and may similarly in its absolute discretion re-invest the proceeds thereof in part or in whole in any of the said investments as aforesaid,
(5) The corporation shall also have full power to receive and accept gifts, donations, contributions and legacies and to hold or realize the same in its absolute discretion subject to any conditions attached to such gifts, donations, contribu- tions or legacies."
Passed the Legislative Council of Hong Kong, this 12th day of October, 1955.
Deputy Clerk of Councils.
(Secretariat 35/3731/55)
HONG KONG
No. 49 of 1935.
I assent.
Mhartkeun.
Governor.
13th October, 1955.
An Ordinance for the incorporation of the Mother Superior of The Congregation of Our Lady of Charity of the Good Shepherd of Angers at Hong Kong.
[14th October, 1955.]
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 Congregation of Short title. Our Lady of Charity of the Good Shepherd of Angers at Hong Kong Incorporation Ordinance, 1955.
The Mother Superior of The Congregation of Our Lady Incorpora- of Charity of the Good Shepherd of Angers at Hong Kong shall tion. be a corporation sole (hereinafter called the corporation) and shall have the name of "The Mother Superior of The Congregation of Our Lady of Charity of the Good Shepherd of Angers at Hong