1952-HKRS29-8-19_Part01 — Page 7

3

Powers

of corpora- Lion.

Vesting of property and rights.

Number of trustees,

3. (1) The corporation shall have power to acquire, accept leases of, purchase, take, hold and enjoy any lands, buildings. messuages or tenements of what nature or kind soever and where- soever situated and also to invest moneys upon mortgage of any lands, buildings, messuages or tenements or upon the mortgages, debentures, stocks, funds, shares or securities of any Government, municipality, corporation, company or person, and also to pur- chase, acquire and possess vessels and other goods and chattels of what nature and kind soever.

(2) The corporation shall further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer or otherwise dispose of any lands, buildings, messuages, tenements. mortgages, debentures, stocks, funds, shares or securities, or vessels or other 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.

4. (1) All that piece or parcel of ground known and registered in the Land Office as Kowloon Inland Lot No. 2649 and all the buildings erected thereon known as Nos. 282, 284 and 286 Tai Nan Street Shamshuipo with all rights, easements and appurtenances thereunto belonging and together with all the estate, right, title and interest held upon trust by the corporation as heretofore constituted, shall vest in the corporation for the residue now unexpired of the term of seventy-five years created therein by die Crown lease thereof, subject to the payment of the rent reserved by the said Crown lease and the performance and observance of the lessee's covenants and conditions therein contained, upon trust to permit the said premises to be used for the purpose of this Ordinance and for such other purposes not inconsistent with the provisions of the said Crown lease as to the corporation may seem fit and subject also to the same trusts as were reserved and contained in a Deed of Assignment dated the 15th day of April, 1935, and registered in the Land Office by Memorial No. 146,140.

(2) All other property, goods, and chattels, and all rights which immediately before this Ordinance belonged to or vested in the Trustees of the Church of Christ in China, Wanchai Church, are hereby transferred to and vested in the corporation.

6. The number of trustees shall not be less than two or more than faur.

6.

The office of any trustee shall be automatically vacated Vacation if such trustee shall die or shall resign his office or if a resolution

of office by trustees. be passed at a general meeting of members of the said Wanchai Church requiring the resignation of such trustee or if his term of office shall come to an end.

their

ment and

7. () New trustees shall be proposed for election by New committee at a general meeting of the members of the said trusteos: Wanchai Church and when elected shall, subject to the provisions appoint of the last preceding section, hold office for the term of five years tenure of from the date of such election. Trustees whose term of office has office. expired shall be eligible for re-election.

(2) Whenever any person or persons are appointed as trustees, such person or persons shall, within three weeks after their res pective appointments or within such further time as may be allowed by the Governor, furnish to the Governor satisfactory evidence of their appointments.

(3) A notification in the Gaselte under the hand of the Colonial Secretary or Deputy Colonial Secretary that such evidence has been furnished to the Governor by such persons shall be conclusive evidence of such appointments.

8x All deeds, documents and other instruments requiring Execution the seal of the said corporation shall be sealed in the presence of deeds. of two trustees, and shall also be signed by the same two trustees so present, and such signing shall be and be taken as sufficient evidence of the due sealing thereof.

9.

A committee of management, hereinafter called "the Committee committee" shall be elected from among and at a meeting of of manage-

the said Wanchai Church to be held within three months of the coming into force of this Ordinance and those elected shall appoint a Chairman, a Vice Chairman, a Secretary and a Treasurer from those elected. One third of the committee shall retire annually but shall be eligible for re-election.

ment.

10. The committee may appoint a clergyman or pastor to Appoint perform and carry on divine worship and the services usual in ment and the other churches of the Church of Christ in China and may clergyman

removal of

also remove him and appoint a successor and all matters connected or pastor. with the religious services of the said Wanchai Church shall be under the immediate direction of the clergyman or pastor subject to the control of the committee.