CO129-112 - Acting Governor Mercer - 1866 [3-4] — Page 10

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engage monn m

agh pro pracy 77 05174

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(Copy)

구입

The Bt. Strüble E. Cardwelle

Mr Mercer

Decived.

3 Inclosures.

N. 48.

Roinance N. 2

571866

Adinance 1863." to amend the " Comrances

Sie & Rous

effect the parents Adriana 8°. 2 of 1866

Las blin

passed.

-7

the

marty required by M Jendarte

an bei defalch of the 11. Balat

2:201.

also

the Companies (or

20:19,105s. It

Husker maches

another trifling

89701

25177 Cross Love (9889 m)

получа

མ་ཀས་བུ་རྫོགས

amendments was called for

be conferment.

Sutherland's Reasons for his vole against

In 442 657

bl

・Ord: 2 of

1866

9

Mc z Su

Mr Sutherland declined to

C

vole in favor of the Amended Ordinance

as he considered it a maller of regret

and hardly fair to the Colony that in the present day.

the people

here

should not if they choose be permitted

to establish

a

Bank or Banks under

the same conditions as in England.

The Regulations under which Colonial

Bank's had

New

formuly

been established were

of old date and contained restrictions

and Conditions

especially

to the payment of Capital.

with

regard,

and Liabiliti

of Shareholdus much more stringent than those under which Banks could