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merchants at Hongkong
Sit Ming Cook, an English speaking Chinese
here, is the General Manager. The Capital
is $10,000. Sit Ming Cook who has been to see
me states that though there is necessarily under
the Ordinance an Office in Hongkong, the business
is entirely here and that the Company takes over
the goodwill from him. This same man who is not a
British Subject, szerted in the same way last year
a Company known as the Wen Ku Steel gunch Company
Limited, of which he is also General Manager, to run
launches on the West River under the British
Flag, and obtained some help early this year from
the Consulate. He now tells me that another Land
Company on the same lines is in course of formation,
and apparently expects that all these Companies
being registered in Hongkong will enjoy British
protection.
It appears to me that if this is granted in
these three cases, it will not be very long before
most large Chinese businesses in Canton will be
formed
formed into Companies and registered in the Colony
under the Ordinance, with a few of such foreign names
as are obtainable at a small price. It is easy to
foresee that under such conditions the work of this
Office would attain proportions beyond all reason,
indeed the same might be said of most of the open
ports of China.
I would therefore ask your instructions,
(1)
and
As to whether the mere fact of registration
of a Company in Hongkong and the opening of an Office
there, entitles it to recognition as a British Company
in China.
(11) If the mere fact of Registration is insuf-
ficient, what are the necessary qualifications for its
recognition as above ?
(111) What proof as to such qualifications would
British Consuls be justified in demanding before giving
Consular assistance.
Those questions appear to me of extreme urgency
and I am therefore taking the liberty of enclosing
copy of this despatch to the Crown Advocate at Shanghai
and
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