1958-HKRS29-8-25_Part03 — Page 1

Incorpora-

tion.

Powers of

2

"constitution" means the constitution for the time being in force governing the corporation together with any amendment thereto made from time to time in accordance with such constitution

"corporation" means The Hong Kong Council of the Church of

Christ in China incorporated under section 3: "executive committee" means the executive committee which has the power of management and control of the affairs of the corporation in accordance with the constitution;

"general secretary" means the general secretary appointed by the

executive committer:

"members" means the active pastors, ministers and preachers holding office in the corporation and the delegates of the local churches, co-operating missions and church bodies, educational institutions, medical and religious institutions and missionary bodies as are or shall become members of The Hong Kong Council of the Church of Christ in China in accordance with the constitution ;

**treasurer" means the treasurer appointed by the executive

committee.

3. The members for the time being of The Hong Kong Council of the Church of Christ in China shall be a body cor- porate and shall have the corporate name, "The Hong Kong Council of the Church of Christ in China", and in that name shall have perpetual succession and shall and may sue and be sued in all courts in the Colony and shall and may have and use a common ses! and may from time to time, break, change, alter and make anew the said seal as to the corporation may seem fit.

4. (1) The corporation shall have power to acquire, accepti corporation. and grant leases of, purchase, take, hold and enjoy any lands, buildings, messuages or tenements of what nature or kind soever. and wheresoever situate, and also to build, rebuild, alter, vary,, renew, maintain and repair any building, messuage or tenement, and also to invest moneys upon mortgages of any lands, build- ings, messuages or tenements, or in debentures, stocks, funds, shares or securities of any government, municipality, corporation, or company, and also to purchase, acquire and possess goods and chattels of what nature and kind soever.

(2) Notwithstanding the provisions of subsection (1), the corporation shall be subject to the provisions of the Charities (Land Acquisition) Ordinance, 1958.

(3) The corporation shall further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, parti- tion, yield up, mortgage, pledge, demise, reassign, transfer or otherwise dispose of any lands, buildings, messuages, tenements, mortgages, debentures, stocks, funds, shares or securities or goods and chattels whatsoever, which are for the time being vested in or belonging to the corporation, upon such terms as to the corporation may deem fit.

5. (1) All deeds, documents and other instruments requir- Execution ing the seal of the corporation shall be-

of deeds.

(a) sealed in the presence of any three of the following persons namely, the chairman or in his absence from the Colony, of the vice-chairman, the treasurer, the general secretary and any two members of the executive com- mittee; and

(b) signed by three of the persons named above in whose

presence the seal was affixed.

(2) The seal shall be kept in the custody of the chairman, or in his absence from the Colony, in the custody of the vice- chairman.

B. (1) Notwithstanding the provisions of subsection (2) of Vesting of section 4, all those pieces or parcels of ground the particulars property. whereof are contained and more particularly described in the first column of the Schedule together with all rights, easements and appurtenances thereunto belonging or appertaining shall upon registration by the corporation in the appropriate Land Office of a memorial of this Ordinance be transferred to and be vested in the corporation for the residues now unexpired of the terms created therein by the Crown Leases thereof respectively, subject to the payment of the rents reserved by the said Crown Leases respectively and the performance and observance of the lessees' covenants and the conditions therein contained, and subject also to such mortgages, charges, leases, tenancies and other agreements (if any) and upon such trusts, conditions and stipulations, as may be subsisting in relation to such premises upon the commencement of this Ordinance.