CO129-183 - Public Offices & Others - 1878 — Page 130

125

is worded similarly to the correspond-

ing

Proviso in the above Charter

was not intended to confer the

Power of establishing Branch Bauks

and Agencies in

any

place out of

the bolony

as such a

provision

would have been ultra veres, but

it

werad

inserted at the request of the Company in order that it should

be made quite clear that their Hong

Kong Charter which only empowers them to carry on business in the

в

گری

Colony", should not be vitiated

by the establishment of Brauches

Agencies elsewhere.

07

This Legislature therefore purposely

abstained

abstained from enacting any provisions

with reference to any

gay

such Branches

Agencies, as the establishment of

Branches must be subject to such. be imposed by

conditions as may the Lords of the Treasury,

establishment of Agencies

and the

as well

as of Branchess must be subject to

the controul of local laws, and to the Powers of local governments.

It was of course impossible to

foresee the arrau,

Lords

Caf

the

arrangement between the

Treasury and the Secretary |

of State for India in bouncil referred

to in Mr G. W. Hunts letter, but I

apprehend that it is competent to

the

all be at party,