CO129-240 - Public Offices & Others - 1888 — Page 105

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

བར གང ཌའ བ ད ད ག ལ ནང་བུ དང པ ན N

102

Crown Cobny.

: and the establishment

of Branch Banks may easily resul

in such danger; for

well the Bank

may

no matter how

be managed at

head quarks, imprudent operations at

onflying Branches, over which the Court

of Director

may

have comparatively

little control,

may

bring about the

dorenfall of the Bank.

If, therefore, the Hong Kong and Shanghas Banking Exporation is 6 be enabled to extend its operations abroad it behoves this Board and

the Secretary of State to take che precaution in sanctioning the necessary

arrangements.

Having regard to this consideration My Lords would propose that the

remaal

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