CO129-164 - Sir Kennedy - 1873 [7-9] — Page 105

was

103

prepared by Mr Pollard,& e, behalf of the Bank, and he inserted therein

on

a clause

giving. Paver to the Exporation to establish Branches and Agencies in India China and Japan.

I pointed out at the time (as the adviser of the Government) that such

a clause would

probably be objected to as bring "ultra vires" of the Colonial Legislature, and in order to meet the views of the fount of Directors, I anggestil the substitution of a Proviso in Section IV declaring think the

that