CO129-126 - Sir MacDonnell - 1867 [11-12] — Page 105

4.

cannot in fact discom how the Public interests can be unfavorably

affected by not futting & presure on the Bank to do something which affects that establishment only and which those concerned in it think would be frejudicial

To it.

4.

In the event of the Bank not calling of the two Millions of dollars for which the Shareholders

ere tiable within two

Ordinance imposes no

years,

the

penalty

to come into operation by

legal sequence._

mere

The Executive

here would have to initiate the

103

action requisite to inflick the Renalty.. This could only be done under Fiction VII. The Governor is thereby anthriged to introduce & fresk Ordinance repeating that by which the Barik have been incorporated-

I am not aware thank he have not an abstract right equally to repeal

other Artimance with consent of the loen. Legislative.

any

5.

Such a proceeding, therefore,

would afferently be a harsh one in the Jrence of any

Public

exigency justifying much interference, and without come

stronger

senso

than the sensible objection of t