CO129-196 - Public Offices & Others - 1881 — Page 87

ترمه امام علی

845

On receiving the answer of the Secretary of State

My Lords will communicate the decision to the

London Branch of the Bank which memorialised

the Treasury

ur

1877 to authorise the establishment

of a Branch at Singapore.

Turning

now to the question first 1

raised in

i your

Gov.

letter of the 7th February 187/60 as to the receive

of 13647-95

specie to be kept at the principal establishment of

the Bank, My Lords consider that the Ordinance)

of 1866 may

be amonded to meet the wishes of the Company. For that purpose the 12th and 19th Sections

that Ordinance should be repealed and

of that

112

beu

thereof provision should be made to the following effect :

At shall be lawful for the Company to make, P

issue,

and circulate notes or bills payable to Bearer

on demand ur Coin lawfully current and to reissue

the same provided that all such notes, shall bear date

at

Set that auctioned

at the place of issue

and shall be made payable

to Bearer on demand at the establishment from

which the same shall have been issued, and

in

coin

lawfully euerent in the place where the same shall

be paid, and that all notes issued at and from any

Establishment of the said Company

being the principal establishment of the Comparry in

REIGN

me

in OL

Colony not

7

ar

such Colony, shall be made payable not only at the.

establishment at and

Hall

from which the sav

have been issued, but also at the principal establish-

ment of the

the said Company in such Colony provided

also that no such notes shall be issued, for any

that no

sums than the sum

other

of five dollars or some multiple

|

of such sum, or other equivalent amount, provided f

ales that nothing herein contoured shall exempt the

Company from the operation of any existing or

restricting or

regulating the issue in Gornmor future laws of the folony or of any flow beyond

of notes, in the Colony

or in any place the

beyou