CO129-101 - Sir Robinson - 1864 [10-12] — Page 240

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

238

His Excellency may deem it necessary for deciding on the above petition. A reply will be communicated in any form required. In anticipation of this, I may briefly allude to the objects of the Bank, its resources, and the nature of its constituency, on which it is presumed the favorable reception of this request depends.

The Bank has been formed under the above title with a subscribed Capital of $5,000,000 in 20,000 Shares, of which $2,500,000 will be paid up within the next three months and before any Banking business is actually commenced. These Shares have been taken up exclusively by people in Hongkong, China, Japan, or in a few cases by others who, though not resident in these countries, are yet intimately connected with the trade. Nearly every firm and individual trading in Hongkong, China, or Japan are thus interested, and the bona fide nature of the undertaking may therefore be assumed.

With regard to the business proposed to be carried on, I would observe that notwithstanding the extensive foreign trade with China and Japan, this is the first Bank locally started or in which the majority of our Merchants are interested. This fact, and the extensive native support indicated by the Share List, directly shows the support which this Bank must obtain. But the chief inducement which the promoters had in view was to supply...

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238 His Excellency may deem it necessary for deciding on the above petition. A reply will be communicated in any form required. In anticipation of this, I may briefly allude to the objects of the Bank, its resources, and the nature of its constituency, on which it is presumed the favorable reception of this request depends. The Bank has been formed under the above title with a subscribed Capital of $5,000,000 in 20,000 Shares, of which $2,500,000 will be paid up within the next three months and before any Banking business is actually commenced. These Shares have been taken up exclusively by people in Hongkong, China, Japan, or in a few cases by others who, though not resident in these countries, are yet intimately connected with the trade. Nearly every firm and individual trading in Hongkong, China, or Japan are thus interested, and the bona fide nature of the undertaking may therefore be assumed. With regard to the business proposed to be carried on, I would observe that notwithstanding the extensive foreign trade with China and Japan, this is the first Bank locally started or in which the majority of our Merchants are interested. This fact, and the extensive native support indicated by the Share List, directly shows the support which this Bank must obtain. But the chief inducement which the promoters had in view was to supply... Page 240 Page 241

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238 Heis Excellency may deciding deem nec necessary for on the above petition will be communicated in any form required. In anticipation of this I may briefly allude to the objects of the Bank, its~ which resources, and the nature of its constituency, Is it is presumed int depend the favorable reception of this request Ow points The Bank has been formed under the above title with a subscribed Capital of $ 5,000,000 in 20,000 Shares of which $2,500,000 will be paid up within the nexch three months and before any Banking business is actually commenced.. These Shares have been taken up Chine, by others xclusively by people in Hongkong- Japan, or in a few and Chabo who though not resident in these countries are yet intimately connected with the trade.. Nearly every firm in m and individual trading are thus Hongling, China, or Japan, interested, and the bona fide nature of the undertaking may there fore be assumed. With regard to the busines proposed. to be carried on I would observe that~ notwithstanding extensive foreign the very trade with China and Japan this is the first Bank locally started or in which the majority of our Merchants are This fact interested. directly and the extensive native of the Share List indicates the Support which this Bank must obtain. But the chief inducement which the d promoters had in view was to supply. an Page 240Page 241

2026-05-19 08:32:48 · Baseline

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238

Heis Excellency may deciding

deem nec

necessary for

on the above petition will be

communicated in any form required. In anticipation of this I may briefly allude to the objects of the Bank, its~

which

resources, and the nature of its constituency, Is it is presumed int depend the favorable reception of this request

points

The Bank has been formed under

the above title with a subscribed Capital of $ 5,000,000 in 20,000 Shares

of which $2,500,000 will be paid up within the nexch three months and

before any Banking

business is actually commenced..

These Shares have been taken up

Chine, by others

xclusively by people in Hongkong-

Japan, or in a few

and

Chabo

who

though not resident in these countries are

yet intimately connected with the trade.. Nearly every firm

m and individual trading

are thus

Hongling, China, or Japan,

interested, and the bona fide nature of the undertaking may

there fore

be assumed.

With regard to the busines proposed.

to be carried on I would observe that~ notwithstanding

extensive foreign

the

very

trade with China and Japan this is the

first Bank locally started or in which the

majority of our Merchants are

This fact

interested.

directly

and the extensive

native of the Share List indicates the Support which this Bank must obtain. But the chief inducement which the

promoters had

in view was to supply.

Page 240Page 241

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