CO129-164 - Sir Kennedy - 1873 [7-9] — Page 109

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as required by the Lords of the Treasury in their Letter of 16th November 1866 enclosed in C.O.D. Se 87 of 24 November 1866; aud his Lordship referred especially to the Establishment of Agencies in India, to the restriction on Adomas to Diretors and to the

payment of Dividends, in

accadance with the 10th and 12t Clauses (~P? 323 and 325) of the (Colonial Regulations as to the Incorporation of Banting Companies

I will now

proceed to show how far their Instinctions were

complied with in the deed of Settlement