CO129-271 - Governor Sir Robinson - 1896 [1-4] — Page 65

Hongkong

N°18

21th January, 1896.

Governor

Sir William Robinson,

to

Kem.G.,

The Right Honourable Joseph Chamberlain,

M.P..

Chartered Bank of India. Australia and China-

the amount

Respecting the sum re leased from deposited as security gainst the note issue of the

overnor. No.

uson. 19

Date.

1896

21/au

fast previous Paper.

S

2109/95

53:11 Me

corres Hias 1ang 1906

Ausd.

P&L (76)—12431— PUGR)-10-65

FLILE

t subsequent Paper!

12742 25

HongKong

No. 383

(Subject.)

64 DESPATCH.

3831

Rac 20 FEB 967

Notes of National Bank of China.

Forwards for conson copy further lecter from Chief Manager.

(Minutes.)

M. Fanfield

The Law to which the Bank refers

is 5. 6 of the Companies Act 1879 (42+43 Vic.c.76) but the fact that the liabilit of respect to Noter is unlimited, though it might help towards the ultimate liquidation of the Notes, would not at all. meet the object aimed at by the deponit

securities viz. the speedy satisfaction.

the Shareholders with

of the Noteholder in the event of the Bank failing.

that he

A

? Reply that the Secretary of State,

seer wo

sufferent

Begrif

for departing

corress. Encin

" from the decision taken by him in desp

972

Su J. 22 74. An 813 CDL 22

M

169/3

#