CO129-104 - Sir Robinson - 1865 [1-3] & Acting Governor Mercer - 1865 [3-4] — Page 277

273

Io this Colony of the Statute (roich

certain modifications indicated is

the laws paragraph of this lecter) which provides for the establishment go Public Companies and Corporations, "now the principle of Limited Fraterity of Thareholdin

The advantages derived during feur years from the provisions

the lass Lew

of this Act in England,

as a means

of developing works of public utility, de nor require to be enlarged

and the Committer are

ow,

ogriniow

that the time has now arrived whew

similar protection to Individuals,

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if notended to this Colony, would

be the

be the mean

of promoting

undertakings, not

enter

opew to private

کنا

erprise, and which, cocert under

the provisions of a Limited Liability Ordinance, would fail to meer with suppo15

The Committee are however desirous of expressing their grinion

that such an Ordinance should,

as

• regards the registration of any

existing or futive Companies, be

optional and not

not compu

compulsory.

I have, yo,

(Right) Alev Turing,

Chaimard.

(True Corry)

Colonial Secretary.