CO129-175 - Sir Kennedy - 1876 [9-12] — Page 317

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

brought in solely on the representations made to the then Government by and for the benefit of the Chinese Insurance Company Limited and no one suggested a single circumstance calling for the further legislation intended by the rejected Bill; but as the shares in that company were of the value of $5,000 each, Ordinance No. 4 of 1876 was passed to enable the company to reduce its shares to $1,500 each, a concession such as is often granted to private companies at home. For this reasonable object I voted, although the three non-members entered protests.

6. On the second reading of the withdrawn Bill being moved on the 16th Instant without a single reason adduced, I objected to it as being an unprecedented bringing for reargument of a measure deliberately rejected and substantially for the reasons which I had stated on voting against the former Bill, and concurred in by all.

2. After the second reading had been commented on and opposed by myself and by all the three Commercial Members of the Council at some length, I was extremely surprised to hear from His Excellency the Governor that his measure had been before the Secretary of State, and

LTAIL 7 | 76–11 & S 18454

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brought in solely on the representations made to the then Government by and for the benefit of the Chinese Insurance Company Limited and no one suggested a single circumstance calling for the further legislation intended by the rejected Bill; but as the shares in that company were of the value of $5,000 each, Ordinance No. 4 of 1876 was passed to enable the company to reduce its shares to $1,500 each, a concession such as is often granted to private companies at home. For this reasonable object I voted, although the three non-members entered protests. 6. On the second reading of the withdrawn Bill being moved on the 16th Instant without a single reason adduced, I objected to it as being an unprecedented bringing for reargument of a measure deliberately rejected and substantially for the reasons which I had stated on voting against the former Bill, and concurred in by all. 2. After the second reading had been commented on and opposed by myself and by all the three Commercial Members of the Council at some length, I was extremely surprised to hear from His Excellency the Governor that his measure had been before the Secretary of State, and LTAIL 7 | 76–11 & S 18454
Baseline (Original)
brought in solely a on the representations to the then Government by and for the benefit of the Chinese Insurance _ Company Limited and no one suggested a single circumstance calling for the further legislation intended by the rejected Bill; but as the shares in were of the value of that company $5,000 each, Ordinance N. 4 of 1876 passed to exable the company to was reduce its shares to #1,500 each, a concession such as is often granted to private companies at home. For this reasonable object I noted although the three non members entered protests. 6. official On the second reading of 313 new ou the withdrawn Bill being moved on the 16th Instant without a single reason adduced, I objected to it as being an imprecedented bringing for reargument of a measure beliberately rejected and substantially for the reasons which I had stated or voting against the concurred in on Former Bill. 2. After the second reading had been commented on and opposed by pelf and by all the three Commercial Members of the Council at some - length I was extremely surprised to hear from His Excellency the Governor that his measure had been before the Secretary of State, and LTAIL 7 | 76–11 & S 18454 T
2026-05-21 12:07:48 · Baseline
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brought in solely a

on the representations

to the then Government by and for the benefit of the Chinese Insurance _ Company Limited and no one

suggested

a single circumstance calling for the further legislation intended by the rejected Bill; but as the shares in were of the value of

that company $5,000 each, Ordinance N. 4 of 1876

passed to exable the company

to

was

reduce its shares to #1,500 each, a

concession such as is often granted to private companies at home. For this reasonable object I noted although the three non members entered protests.

6.

official

On the second reading of

313

new

ou

the withdrawn Bill being moved on the 16th Instant without a single reason adduced, I objected to it as being an imprecedented bringing for reargument of a measure beliberately rejected and substantially for the reasons which I had stated or voting against the

concurred in on

Former Bill.

2.

After the second reading had been commented on and opposed by

pelf and by all the three Commercial Members of the Council at some -

length I was extremely surprised to hear from His Excellency the Governor that his measure had been before the Secretary of State, and

LTAIL 7 | 76–11 & S 18454

T

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