1951-HKRS29-8-18_Part01 — Page 26

Powers of

Corpora- tion

Vesting of property.

Members.

Existing

became

4. The Corporation shall have full power :- (a) To acquire, by purchase, lease, exchange or otherwise, hold and enjoy land, buildings, messuages or Lene- ments of what nature or kind soever and wheresoever situate, whether in the Colony or elsewhere; (b) To acquire, by purchase or otherwise, goods and chattch

of what nature or kind soever; (c) To invest moneys on deposit in any bank in the Colony, or in any government bonds, or on mortgage of any land, buildings, messuages or icfements in the Colony or elsewhere, or in or on debentures, debenture-stocks, stock, funds, shares or securities of any corporation or company carrying on business' in the Colony or else- where; and

(d) To grant, sell, convey, assign, surrender, yield up mortgage, demise, let, reassign, transfer, or otherwise dispose of, any land, buildings, messuages, tenements, mortgages, debentures, debenture-stick, funds secur ities, goods and chattels vested in the Corporation, upon such terms as the Corporation may deen hill'

5. The land, buildings, messuages and tenements in the Colony belonging or purporting to belong to the unincorporated Hong Kong Council of Social Service, and all moneys, securities for money, goods, chattels, and effects whatsoever the property of the unincorporated Hong Kong Council of Social Servic or purporting so to be are hereby transferred to and vested the Corporation, but subject as regards the said land, buildings inessuages and tenements, to the payment of the rents and observance and performance of all the covenants, conditions

und reservations contained in the Crown Lease under which the same are respectively held.

6. The Corporation shall consist of such members as pro- vided by its constitution.

T. All the existing members of the unincorporated Hong members to Kong Council of Social Service at the date of the passing o members. this Ordinance shall be the first members of the Corporation

Existing

8. The existing constitution of the unincorporated Hong constitution Kong Council of Social Service shall be the constitution of the to become constitution Corporation, but the same may be changed or amended by the

Corporation at any time and from time to time in accordanc with the provisions of the constitution for the time being in force.

af

corporation.

and names

9. A copy of the constitution of the Corporation and of Futng of uny amendment thereto, and a list of the names and addresses constitution of the members of the executive committee of the Corporation of executive for the time being, certified in each case as correct by the chair- membors. man of the executive committee or by the secretary of the Corporation, shall be forwarded to the Registrar of Companies for registration.

10. The Corporation shall pay such fee for registering any Registra document with any public registry as may be payable under tion fee. any enactment relating thereto.

and search

11. Any person may inspect any of the documents regis Inspection tered by the Corporation in pursuance of section 9 hereof, upon fe payment of such fee as may be payable under any enactment relating thereto.

12. All deeds documents and other instruments requiring Sealing of the seal of the Corporation shall be signed by the chairman of deeds. he executive committes and the secretary of the Corporation or by such other person or persons as the executive committee shall from time to time appoint and such signing shall be taken as sufficient evidence of the due scaling of such deeds, documents and other instruments.

19. Nothing in this Ordinance shall affect or be deemed to Saving. affect the rights of His Majesty the King, His Heirs and Suc- ressors, or the rights of any body politic or corporate or of any other person except such as are mentioned in this Ordin- ance and those claiming by, from or under them.

Passed the Legislative Council of Hong Kong, this 7th day d March, 1951.

Deputy Clerk of Councils.