1969-HKRS28-8-36_Part01 — Page 22

Incorporation

Objects.

Board of the College.

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"constitution" means the constitution of the College for the time

being in force:

"corporation" means the body incorporated by section 3: "Director" means the Director of Education;

"President" and "Vice-President" respectively mean the President

and Vice-President of the College.

3. The Board of Governors of the Hong Kong Baptist College shall be a body corporate, and shall bear the name Hong Kong Baptist College Board of Governors ( 4221052*# ) and in that name shall have perpetual succession and may sue and be sued and shall have and may use a common seal, and may break, change, alter and make anew the said seal as the corporation may deem fit, subject to the approval of the Executive Board of the Association.

4. The objects of the College shall be-

(a) to maintain an environment and atmosphere that is thoroughly Christian, in which moral and spiritual teach- ing and training is provided, which will give students an understanding of the Christian philosophy of life; (b) to provide courses of instruction and to organize, im- prove and extend post-secondary and higher education; (c) subject to the Director's approval in writing, to establish institutes or departments of research or special studies; (d) to hold examinations and to grant certificates and diplomas to persons who have attained requisite stand- ards in different branches of knowledge:

(e) to erect, equip and maintain libraries, laboratories, musaums, lecture halls, balls of residence, and all other buildings required for the purpose of the College;

(f) to institute and award fellowships, scholarships, exhibi- tions, bursaries, medals, prizes, rewards, special grants, titles and distinctions, awards and forms of assistance towards the advancement and dissemination of knowl- edge:

(g) to provide for the residence of officers, teachers, staff and students of the College as required and to regulate for the welfare and discipline of teachers, staff and students;

(h) to encourage corporate and social life and recreation.

5. (1) There shall be a Board of Governors which shall consist of such members as shall be provided by the constitution.

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(2) The Board shall be the supreme governing body of the College and subject to the provisions of this Ordinance and the constitution, shall have the general direction of the corporation, its functions, property and affairs.

6. The corporation shall, subject to the provisions of this Ordinance and the constitution, have power-

(a) subject to the provisions of the Charities (Land Acquisi- tion) Ordinance and to the approval of the Association, to acquire, accept leases of, purchase, take or otherwise bold and enjoy any lands, buildings, messuages, tene- ments, of what nature or kind soever and wheresoever situate:

(b) to acquire, by purchase or otherwise, vessels, goods, and

chattels, of what nature or kind soever;

(c) to invest moneys on deposit in any bank in the Colony or elsewhere or in any Government bonds or on mort- gage of any lands, buildings, messuages or tenements in the Colony or elsewhere or in or on debenture, debenture stocks, stocks, funds, shares or securities of any corpora- tion or company carrying on business in the Colony or elsewhere;

(d) to grant, sell, convey, assign, surrender, yield up, mort- gage, demise, let, reassign, transfer or otherwise dispose of any lands, buildings. messuages, tenements, mort- gages, debentures, debenture stock, funds, securities, vessels, goods and chattcls for the time being vested in the corporation, upon such terms as the corporation may deem fit;

(e) to erect any buildings, messuages or tenements and effect

any improvement thereto;

(0 to borrow money upon such terms as the corporation shall think fit, and to raise money by public or private subscription:

(g) to enter into contracts and to establish trusts;

(A) to establish pension or superannuation or provident fund schemes for the benefit of its employees or any section of such employees;

(0 to demand and receive such fees as may from time to time be prescribed by regulations made under the con- stitution; and

Powers of corporation.

(Cap. 305)