CO129-074 - Lieut. Governor Caine & Sir Robinson - 1859 [6-12] — Page 23

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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company, qua Foreign Company

The affairs of such Company would be

Carried on

by a gérant, or Agent, who

would be personally responsible for the Contracts of the company, while the Direction of the

Company might remain in the Country of

its origin.

2. There is unfortunately no provision made

or

in the Colony for the Registration Government of Joint-Stock Companies. The function of a Joint-Stock Company,

in the mother Country a mode of partnership Altogether modern, is in this Colony

utterly impracticable, without special legislation.

3. It remains, therefore, that one

of Dr Bridges's propositions must be adopted,

to give effect to the Views of the Gentlemen

whom he represents. Either a Grant of the Privilege of supplying the City with Gas must be made to the existing Company; or

a new local Company must be incorporated by the Legislature, - unless indeed a Charter be obtained direct from

the Crown.

4. It appears to me, though not perfectly

clear on the point, that

any application

for

an Ordinance for

incorporation of a joint-Stock Company must be

referred to the Secretary of State, under Section 340 of the Colonial Regulations,

(Edition 1836) though the word used in the

Section is "charter", - which may

mean

simply

Royal charter. Should Incorporation of a

New Company by local Ordinance be resolved

on

for the purposes

under consideration, I

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company, qua Foreign CompanyThe affairs of such Company would beCarried onby a gérant, or Agent, whowould be personally responsible for the Contracts of the company, while the Direction of theits origin.2. There is unfortunately no provision madeorin the Colony for the Registration Government of Joint-Stock Companies. The function of a Joint-Stock Company,in the mother Country a mode of partnership Altogether modern, is in this Colonyutterly impracticable, without special legislation.3. It remains, therefore, that oneof Dr Bridges's propositions must be adopted,to give effect to the Views of the Gentlemenwhom he represents. Either a Grant of the Privilege of supplying the City with Gas must be made to the existing Company; ora new local Company must be incorporated by the Legislature, - unless indeed a Charter be obtained direct fromclear on the point, thatany applicationforan Ordinance forincorporation of a joint-Stock Company must bereferred to the Secretary of State, under Section 340 of the Colonial Regulations,(Edition 1836) though the word used in theSection is "charter", - which maymeansimplyRoyal charter. Should Incorporation of aNew Company by local Ordinance be resolvedonfor the purposesunder consideration, I
Baseline (Original)
、:'ཚེརྗ}company, qua Foreign CompanyThe affain of such Company would beCarried onby a gérant, or Agent, whowould be personally responsible for the Contracts of the company, while the Direction of theits origin.2. There is unfortunately no provision madeorin the Colony for the Registration Government of Joint. Stock Companies. The function of a Joint - Stock Company',in the mother. Country a mode of partnenship Altogether modern,_ is in this Colonyutterly impracticable, without special legislation.3. It remains, therefore, that oneof Dr Bridges's propositions must be adopted,to give effect to the Views of the Gentlemenwhom he represents. Either a Grant of the Privilege of supplying the City with Gas must be made to the existing Company; ora new local Company must be incorporated by the Legislature, - unless indeed a Charter be obtained direct fromclear on the point, thatany applicationforfor thean Ordinance forincorporation of a joint - Stock Company must bereferred to the Secretary Section 340 of the Colonial Regulations,to the Secretary of State, under(Edition 1836) though the word used in theSection is "charter","- which maymaymeansimplyRoyal charter. Should Incorporation of aBijat Royal"WinNew Company by local Ordinance bee resolvedonfor the purposesunder consideration, I1
2026-05-18 11:18:36 · Baseline
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、:'ཚེརྗ}

company, qua Foreign Company

The affain of such Company would be

Carried on

by a gérant, or Agent, who

would be personally responsible for the Contracts of the company, while the Direction of the

Company might remain in the Country of

its origin.

2. There is unfortunately no provision made

or

in the Colony for the Registration Government of Joint. Stock Companies. The function of a Joint - Stock Company',

in the mother. Country a mode of partnenship Altogether modern, _ is in this Colony

utterly impracticable, without special legislation. 3. It remains, therefore, that one

of Dr Bridges's propositions must be adopted,

to give effect to the Views of the Gentlemen

whom he represents. Either a Grant of the Privilege of supplying the City with Gas must be made to the existing Company; or

a new local Company must be incorporated by the Legislature, - unless indeed a Charter be obtained direct from

the Crown.

4. It appears to me, though not perfectly

clear on the point, that

any application

for

for the

an Ordinance for

incorporation of a joint - Stock Company must be

referred to the Secretary Section 340 of the Colonial Regulations,

to the Secretary of State, under

(Edition 1836) though the word used in the

Section is "charter","- which may

may mean

simply

Royal charter. Should Incorporation of a

Bijat Royal

"Win

New Company by local Ordinance bee resolved

on

for the purposes

under consideration, I

1

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