CO129-196 - Public Offices & Others - 1881 — Page 102

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

99

any city, town or Company at and from any "place, in which they may have established "any bank or branch or establishment, under "or by virtue of these presents, to make issue and circulate notes payable to bearer on demand, and to reissue the same

My Lords would understand this provision to mean that the notes are only to be reissued at the place from which they are first issued; and They would certainly advise that if the Secretary of State adopts their suggested clauses, the right of reissue should be so limited.

For this purpose, it might suffice if the clause which They submitted in their letter of the 19th August ran thus:-

It shall be lawful for the Company to make, issue, and circulate notes or bills payable to bearer on demand in coin legally current, and to reissue the same; provided always that such notes shall bear date at the place of issue, that if reissued they shall bear date at the place from which they were originally issued; and that they shall be made payable to...

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99 any city, town or Company at and from any "place, in which they may have established "any bank or branch or establishment, under "or by virtue of these presents, to make issue and circulate notes payable to bearer on demand, and to reissue the same My Lords would understand this provision to mean that the notes are only to be reissued at the place from which they are first issued; and They would certainly advise that if the Secretary of State adopts their suggested clauses, the right of reissue should be so limited. For this purpose, it might suffice if the clause which They submitted in their letter of the 19th August ran thus:- It shall be lawful for the Company to make, issue, and circulate notes or bills payable to bearer on demand in coin legally current, and to reissue the same; provided always that such notes shall bear date at the place of issue, that if reissued they shall bear date at the place from which they were originally issued; and that they shall be made payable to...
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99 ny bity, town or Company at and from any "place, in which they may have established "any bank or branch or extablishment, under "or by virtue thes presents, to make issue and circulate notes payable to bearer on demand, and to reissue the same me" Myfords would understand this provision to mean that the notes are only to be reissued at the place from which the y arc first world; and They would certainly advise that if the Secretary of Fate adopts their suggested clauses, the right of re we should be so limited. For this purpose, it might suffice if the clause which They outmitted in letter of the 19th August ran thus;- GN Their me It shall be lawful for the fompany to make, issue, and circulate notes or bills cain payable to bearer on demand in coin ·legally current, and to rewave the same; provided always that such notes shall bear date at the place of issue, that if rewould they shall bear date at the were originally! place from which they ismed; and that they shall be made ar payable to. For
2026-05-22 20:22:46 · Baseline
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99

ny bity, town or

Company at and from any

"place, in which they may

have established

"any bank or branch or extablishment, under

"or by virtue thes presents, to make issue

and circulate notes payable to bearer on

demand, and to reissue the same

me"

Myfords

would understand this

provision to mean that the notes are

only

to be reissued at the place from which

the y

arc

first world; and They

would

certainly advise that if the Secretary of

Fate adopts their suggested clauses, the

right of re

we should be so limited.

For this purpose, it might suffice if the

clause which They outmitted in

letter of the 19th August ran thus;-

GN

Their

me

It shall be lawful for the fompany

to make, issue, and circulate notes or bills

cain

payable to bearer on demand in coin

·legally current, and to rewave the same;

provided always that such notes shall

bear date at the place of issue, that if

rewould they shall bear date at the

were originally!

place from which they

ismed; and that they shall be made

ar

payable to.

For

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