CO129-164 - Sir Kennedy - 1873 [7-9] — Page 97

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

2.

Treasury better

29th of August, conveying Her Majesty's Disallowances of Ordinance Je / of 1872. –

2. From the Inclosure to that Despatch I learnt that "7786- the Ordinance in proposing to give the Bank permission

under certain conditions lo open Branch Banks and

Agencies at filaces out of the

Colony

AVAS

the fower beyond of the breal Legislatures. The Dircelors, thereupon, proposed the very simple alteration in Rainance 125 of 1866 given in their Letter of the 7th May last (Copy enclosed)

of 15 August

72.

Enclosure. Al

Snoísure p2

19 May 1975.

which I referred to the Attorney General for his Report= 3... Mr Pannafotes opinion (Copy enclosed) after stating

very fully and connectedly what has been dour in

accordance with instuctions

from the Secretary of State regarding the legal status of the Corporation

and the conditions

under which it's business is

Conducted, suggested that the Directors should prepare a draft Ordinance such as

they wished passed to meet the requirements of their Bank._ that opinion

was communicated to the

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