same is inevitable, an amount equal to the estimated loss shall be set aside from the half-yearly profits to make good the deficiency.
ART. XXI - Should more than one-half the total capital of the Yokohama Specie Bank be absorbed by losses in business, or should there be a violation of any of the provisions of these Regulations and be deemed necessary by the Minister of State for Finance he may order to suspend or dissolve the Bank. A voluntary dissolution of the Bank may, with the approval of the Government, be effected by decision of a General Meeting of Shareholders. At such General Meeting more than one half the total number of Shareholders, holding shares which represent in the aggregate more than one-half the entire capital of the Bank, must be present, and the decision in favour of dissolution must be carried by a majority of not less than two-thirds of the total number of shares represented at the meeting.
ART. XXII - The Minister of State for Finance may restrain any action of the Yokohama Specie Bank which violates the provisions of these Regulations or the Articles of Association, or which he deems dangerous and in such cases he may also order re-election of Directors.
ART. XXIII - The Minister of State for Finance shall specially despatch officials to the Yokohama Specie Bank in order to inspect the actual condition of the Bank's business.
ART. XXIV. The Yokohama Specie Bank shall when ordered to do so present to the Minister of State for Finance statements of its business transactions.
ART. XXV. The seal of the Head Office or of any Branch Office or Agency shall be affixed to any important document emanating from such Office or Agency, but such seal is not requisite for documents written in a Foreign language.
ART. XXVI - The Yokohama Specie Bank shall from and after the 10th day of the 7th month of the 20th year of Meiji be bound by these Regulations, and, with the approval of the Minister of State for Finance, the Bank shall, at a General Meeting of Shareholders, adopt new Articles of Association. The same course must be pursued in the event of the adoption of any alterations or amendments to the Articles of Association.
ART. XXVII. Should the President, Directors, or any other Official of the Yokohama Specie Bank violate the provisions of these Regulations, they shall be liable to a fine of not less than Five Yen nor more than Fifty Yen.
ART. XXVIII - When any amendment or alteration to these Regulations is made, the same shall be promulgated at least three months prior to the date when it takes effect.
Schedule B.
[TRANSLATION.]
NOTIFICATION No. 3,675.
The Yokohama Specie Bank Regulations having been promulgated (Imperial Ordinance No. XXIX.), the said Bank is hereby instructed by Count Matsugata Masayoshi, Minister of State for Finance, to be bound by the above mentioned Regulations as per Article 26 from and after the 10th instant and to speedily adopt new Articles of Association with the approval of the said Minister.
Until the approval of the said Minister for the new Articles of Association shall have been obtained all the business of the Bank shall be transacted in accordance with the old Articles of Association as heretofore.
9th day of the 7th month, 20th year of Meiji.
25
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same is inevitable, an amount equal to the estimated loss shall be set aside from the half-yearly profits to make good the deficiency.
ART. XXI-Should more than one-half the total capital of the Yokohama Specie Bank be absorbed by losses in business, or should there be a violation of any of the provisions of these Regulations and be deemed necessary by the Minister of State for Finance he may order to suspend or dissolve the Bank. A voluntary dissolution of the Bank may, with the approval of the Government, be effected by decision of a General Meeting of Shareholders. At such General Meeting more than one half the total number of Shareholders, holding shares which represent in the aggregate more than one-half the entire capital of the Bank, must be present, and the decision in favour of dissolution must be carried by a majority of not less than two-thirds of the total number of shares represented at the meeting.
ART. XXII-The Minister of State for Finance may restrain any action of the Yokohama Specie Bank which violates the provisions of these Regulations or the Articles of Association, or which he deems dangerous and in such cases he may also order re-election of Directors.
ART. XXIIL-The Minister of State for Finance shall specially despatch officials to the Yokohama Specie Bank in order to inspect the actual condition of the Bank's business.
ART. XXIV. The Yokohama Specie Bank shall when ordered to do so present to the Minister of State for Finance statements of its business transactions.
ART. XXV.-The seal of the Head Office or of any Branch Office or Agency shall be affixed to any important document emanating from such Office or Agency, but such seal is not requisite for documents written in a Foreign language.
ART, XXVI-The Yokohama Specie Bank shall from and after the 10th day of the 7th month of the 20th year of Meiji be bound by these Regulations, and, with the approval of the Minister of State for Finance, the Bank shall, at a General Meeting of Shareholders, adopt new Articles of Association. The same course must be pursued in the event of the adoption of any alterations or amendments to the Articles of Association.
ART. XXVII.-Should the President, Directors, or any other Official of the Yoko- hama Specie Bank violate the provisions of these Regulations, they shall be a liable to a fine of not less than Five Yen nor more than Fifty Yen.
ART. XXVIII-When any amendment or alteration to these Regulations is made, the same shall be promulgated at least three months prior to the date when it takes effect.
Schedule B.
[TRANSLATION.]
NOTIFICATION No. 3,675.
The Yokohama Specie Bank Regulations having been promulgated (Imperial Ordinance No. XXIX.), the said Bank is hereby instructed by Count Matsugata Masayoshi, Minister of State for Finance, to be bound by the above mentioned Regula- tions as per Article 26 from and after the 10th instant and to speedily adopt new Articles of Association with the approval of the said Minister.
Until the approval of the said Minister for the new Articles of Association shall have been obtained all the business of the Bank shall be transacted in accordance with the old Articles of Association as heretofore.
9th day of the 7th mouth, 20th year of Meiji.
25
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