CO129-174 - Sir Kennedy - 1876 [4-8] — Page 136

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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Members of Conseil have made to the passing of the Ordinance, does not appear to me to call for any special remarks beyond those which the Attorney General has made upon them in the Report which accompanies this Despatch. The objections of these members is based entirely upon the ground that the case does not call for special legislation, the Company having powers to wind up and reconstitute itself as any other Company.

5. I am unable, however, to regard the matter in this light, and do not look upon this Ordinance as anything more than an obstacle to the removal of which the Government has no inclination to interpose in the way of the development of the Company's business. It is in no way a failure, but rather a mere expression of opinion on the part of the Government that there are no public grounds for objecting to the reduction brought about, and that if they wish to reduce their shares, they can do so to the extent specified in the Ordinance, without having recourse to the circuitous and expensive formalities...

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2026-05-21 09:27:45 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
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Members of Conseil have made to the passing of the Ordinance, does not appear to me to call for any special remarks beyond those which the Attorney General has made upon them in the Report which accompanies this Despatch. The objections of these members is based entirely upon the ground that the case does not call for special legislation, the Company having powers to wind up and reconstitute itself as any other Company. 5. I am unable, however, to regard the matter in this light, and do not look upon this Ordinance as anything more than an obstacle to the removal of which the Government has no inclination to interpose in the way of the development of the Company's business. It is in no way a failure, but rather a mere expression of opinion on the part of the Government that there are no public grounds for objecting to the reduction brought about, and that if they wish to reduce their shares, they can do so to the extent specified in the Ordinance, without having recourse to the circuitous and expensive formalities...
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Meaubers of Conseil have made to the passing of the Ordinance, does not appear to me to call any aprecial remarks beyond those which the Altancy General has made ufor them in the for lecend Report which accompanies this Despatch. The offiction of these members is based entirely upon the ie not me ground d that the case -calling for Special legislation, the Company having powers to Dame. to wind up and reconditute itself as any other Company. 5. regard I am unable, havever, to the matter in this light, Endors and do not look upon this Ordinance as a earwo am. MKYR 135 than obstacle anything of removing which the Gauernment has no inclination to interpose in the of the development of the Caufany's busines. It in in way fail a mere expression of opinion on the part of the Government that there.. are no public grounds for objecting to the reducin bought for, and that if they wish to reduce their shares, they Dan do Ro to the extent epecified in the Ordinance, without having reemure to the circuitons and expensive forsals
2026-05-21 09:27:45 · Baseline
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Meaubers of Conseil have made to the passing of the Ordinance, does not appear to me to call any aprecial remarks beyond those which the Altancy General has made ufor them in the

for

lecend

Report which accompanies this Despatch. The offiction of these members is based entirely upon the

ie not

me

ground

d that the case

-calling for Special

legislation, the Company having

powers to

Dame.

to wind up

and reconditute itself as any other Company.

5.

regard

I am unable, havever, to the matter in this light,

Endors

and do not look upon this

Ordinance as

a earwo

am.

MKYR

135

than

obstacle

anything of removing which the Gauernment has no inclination to interpose in the of the development of the Caufany's busines. It in in

way

fail

a mere

expression of opinion

on the part of the Government

that there..

are no

public grounds

for objecting to the reducin bought for, and that if they

wish to reduce their shares,

they

Dan do

Ro to the extent epecified in the Ordinance, without having reemure to the circuitons and expensive forsals

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