1947-HKRS29-8-14_Part01 — Page 8

3

Powers of the Cor-

puratiota

[.. H.K. Duiversity

Oed. No. 10 of 1911, ■.5.]

(2) The first Members of the Council shall be Indy Young, Mrs. Mary Campbell, Mrs. Margaret Cassidy, Mrs. Margery Everett, Mrs. Katharine Fleming, Mrs. Edith Rowell, Mrs. Mabel Annett, Mrs. Ivy Sykes, Mrs. Elsie Duubar, Mrs. Marlis Gundersen, Mrs. Victoria Lo and Mrs. Dorothy Woo and they shall hold office until new members are elected at the first Annual General Meeting convened in accordance with the provisions of the Constitution, unleas they shall resign or otherwise vacate their offices in accordance with the provisions of the Constitution.

(3) Subsequent Members of the Council, whether ap- pointed in immediate succession to any of the first, members or not, shall be appointed in accordance with the Constitution, and shall for the time being be deemed to be the successors in office of the first directors and to be members of the Corporation.

(4) The Corporation shall from time to time and at all times inform the Colonial Secretary of all changes in the membership of the Council.

(5) The Council shall be held to be legally constituted notwithstanding any vacancies occurring therein by the death, absence, resignation or incapacity of any member or by any other cause.

4. (1) The Corporation shall have power to acquire, accept leassa of, purchase, take, hold and enjoy any lands, buildings, messuages or tenements of what nature or kind soever and wheresoever situated and also to invest moneys upon mortgage of any landa, buildings, messuages or tene- ments, or upon the mortgages, debentures, stocks, funds, shares or securities of any corporation or company, and also to purchase, acquire and possess vessels, goods and chattels of what nature and kind soever.

(2) The Corporation shall further have power to grant, Bell, convey, assign, nurrender, exchange, partition, yield up, mortgage, demise, re-assign, transfer or otherwise dispose of any lands, buildings, messuages, tenements, mortgages, de- bentures, stocks, funds, shares or securities, vessels, goods and chattels which are for the time being vested in or belonging to the Corporation, upon such terms as to the Corporation may seem fit.

(3) Notwithstanding the provisions of sub-section (2) of this section the Corporation shall not sell, convey, assign or dispose of the lands vested in the Corporation by this Ordinance or any buildings thereon or any part thereof to any person without the written licence of the Governor and if the said lands and buildings or any part thereof shall at any time cease to be used for the purposes of the Corporation in accordance with the provisions of the Constitution the said lands and buildings or part thereof, as the case may be, shall revert to the Crown.

5. All deeds and other instruments requiring the Common Seal of the Corporation shall be sealed in the presence of two members of the Council and shall be signed by such two members and the Secretary for the time being.

6. All matters of internal management shall be settled and carried out in accordance with the Constitution.

Execution of Dans

Internal Management.

Dissolution of the

7. (1) The Company incorporated by the name of the Helena May Institute for Women shall be and the same is Company, from the date on which this Ordinance comes into operation dissolved and the rights of the members of the said Company shall as from the date of such dissolution cease and be ex- tinguished. The Registrar of Companies shall forthwith strike the oume of the said Company of the Register of Companies.

(2) All property and rights whatsoever vested in or held ou trust for the said Company immediately before its dissolu- tion shall vest in the Corporation as from the date of such dissolution free from any claim by the members of the said Company.

(3) As from the date of such dissolution the Corporation shall be responsible for the payment and discharge of all debts and liabilities of and for the fulfilment of all the obligations of the said Company and shall indemnify and keep indemnified the officers and members of the said Company from and #gainst all claims and demands in respect thereof.

6. Nothing in this Ordinance shall affect or be deemed to affect the rights of His Majesty the King. His Heirs or Successors suve us may expressly appear herein, or the rights of any body politic or corporate or of any other person except such as are mentioned in this Ordinance and those claiming by, from or under them.

Passed the Legislative Council of Hong Kong, this 18th

day of January, 1947.

སཾཊིམསྶཏིཡཧ ཀུནཱ ན དམན

Deputy Clerk of Councils,

Saying of

rights of the Crown and of carbain

the rights.