CO129-183 - Public Offices & Others - 1878 — Page 132

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have been complied with.

With

regard

ard to

Section XVI,

XVI, ze

relating

to advances,

I would point out that

the 10 - clause of the "Regulations and

conditions for the observance of which

Provision should be made in Charter

or

Legislative enactments relating

to the incorporation of Banking companies in the Colonies", will be

embodied in the Deed of Settlement

as provided by Section X (Subsection 5)

and the same observation also applies

to the 12th clause and all other clauses

of the Regulations in question which

will be embodied in the Deed wither

by order of the order of the fovernor

or pursuant

of Section X.

to

one

of the sub. Sections

The Lords of the Treasury

under

are

misapprehension in supposing

are

that the operations of the Bank

at present confined to this Colony;

the Company since its first Establish.

Branch, and

ment has had a

carried

on

business at Shanghai.

(Signed) Julian Pouncefote

Attorney Seural

Hong Kong. 28th January 1867.