Power of corporation.
(C*p. 305)
Vasting of properly,
Members.
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4.
The corporation shall have full power-
(4) to manage, administer and operate St. Stephen's Girls'
College:
(b) subject to the provisions of the Charities (Land Acquisi- tion) Ordinance, to acquire, accept leases of, purchase, take or otherwise hold and enjoy any land, buildings, messuages or tenements of what nature or kind soever and wheresoever situate;
(c) to acquire, by purchase or otherwise, goods and chattels
of any kind or description:
(d) to invest moneys on deposit in any bank in the Colony or elsewhere within the British Commonwealth or in any Hong Kong or British Commonwealth government bonds or on mortgage of any land, buildings, messages or tenements in the Colony, or in or on debentures, deben- ture-stocks, stocks, funds, shares or securities of any cor- poration or company carrying on business in the Colony or elsewhere within the British Commonwealth;
(e) to grant, sell, convey, assign, surrender, yield up, mort- gage, demise, let, reassign, transfer or otherwise dispose of, any land, buildings, messuages, tenements, mortgages, debentures, debenture-stocks, stocks, funds, securities, vessels, goods and chattels for the time being vested in the corporation, upon such terms as the corporation may deem fit;
(f) to erect any buildings, messuages or tenements and effect
any improvement thereto;
(g) to borrow money upon such terms as the corporation shall think fit, and to raise money by public or private subscriptions:
(h) generally to do such other things as may appear to be incidental or conducive to the aims and objects of the corporation as provided by its constitution for the time being or for carrying into effect the provisions of this Ordinance.
5. On the commencement of this Ordinance the corporation shall succeed to all the property, rights, privileges, obligations and liabilities of the unincorporated The St. Stephen's Girls" College Council.
6. The corporation shall consist of such members as shall be provided by its constitution.
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7. All the existing members of the unincorporated The St. Stephen's Girls' College Council shall be the first members of the corporation.
9. The existing constitution of the unincorporated The St. Stephen's Girls' College Council shall be the constitution of the corporation:
Provided that the same may be changed or amended by the corporation from time to time in the manner provided by the constitution for the time being in operation.
9. (D) The corporation shall forward to the Registrar of Companies for registration the following-
(4) notice of the address of the registered office of the
corporation and any change thereto;
(6) a copy of the constitution and any amendment thereto, certified as correct by the chairman of the corporation;
(c) a list of the names and addresses of the members of the corporation and any change therein, certified as correct by the chairman of the corporation; and
(d) the name and address of any person appointed under section 10 to sign deeds, documents and other instru- meats and any change therein, certified correct by the chairman of the corporation.
(2) Notification in accordance with subsection (1) shall be made within twenty-eight days or in the case of any amendment, change or appointment, within twenty-eight days of such amend- ment, change or appointment, as the case may be.
(3) Any person may inspect any of the documents regis- tered under this section, upon payment of such fee as may be prescribed under section 305 of the Companies Ordinance for the inspection of a document.
(4) The corporation shall pay such fee for registering any document under this section as is specified in the Eighth Schedule to the Companies Ordinance, as if the corporation were a company not having a share capital.
10. (1) The seal of the corporation shall not be affixed to any deed, document or instrument except by the authority of a resolu- tion of the corporation.
(2) All deeds, documents and other instruments requiring the seal of the corporation shall be signed by the chairman and the secretary of the corporation or by such other person or persons
Existing
members to become members.
Existing constitution
to become constitution of the corporation.
Registration with Registrar of Companies.
(CAM 33.)
(Cap. 33.)
Sealing of deeds.