in actual circulation to an amount in excess of eight million dollars if there shall have been specially deposited and shall be kept in the custody of the Colonial Secretary and the Colonial Treasurer of Hong Kong for the time being an amount of coin or bullion or coin and bullion equal to the whole value of such excess issue for the time being actually in circulation to be held by the said Colonial Secretary and Colonial Treasurer of Hong Kong exclusively for the redemption of such Promissory Notes wherever the same may have been issued. Provided nevertheless and we do hereby direct that this power of excess issue shall cease and determine on notice to that effect being given at any time by the Treasury to the said Company.
DRAFT.
You.
Treas. Hong Kong
40850
No.
326
Sin H.A. Blake
MINUTE.
| Name |
|---|
| Mr. Fiddian |
| Mr. Johnson |
| Mr. Antrobus |
| Mr. Cox |
| Mr. Lucas |
| Fr. Graham |
| Sir M. Ommanney |
| Earl of Onslow |
| Mr. Chamberlain |
2015
Svi
591
8 Oct 02
With ref. to Sin W. J. Gascoigne's letter of the 3rd of July last, I have the honour to enclose a copy of an Order by His Majesty the King in Council, approving the draft of a supplemental Charter to the Chartered Bank of India, Australia and China, empowering the Bank to issue notes in excess of their authorised limit of $8,000,000 on depositing...
in actual circulation to an amount in excess of eight million dollars if there shal have been specially deposited and shall be kept in the custody of the Colonial Secretary and the Colonial Treasurer of Hong Kong for the time being an amount of coin-or bullion or coin-and bullion equal to the whole value of such excess issue for the time being actually in circulation to be held by the said Colonial Secretary and Colonial Treasurer of Hong Kong exclusively for the redemption of such Promissory Notes wherever the same may have been issued Provided nevertheless and we do hereby direct that this power of excess issue shall cease and determine on notice to that effect being given at any time by the Treasury to the said Company.
DRAFT.
You.
Treas. Hong Kong
40850
No.
ότ
326
Sin H.A. Blake
MINUTE.
Mr. Fiddian
Mr.
1/10 Johnson ifs
Mr. Antrobus.
Mr. Cox.
Mr. Lucas.
Fr. Graham.
Sir M. Ommanney,
Earl of Onslow.
Mr. Chamberlain.
2015
Svi
591
8 Oct 02
With ref. to Sin
W. J. Gascoigne's til. of the 3 rd of alley last, I have the homom to enclose a copy of an Order by His Allagests the King in Carmel, affaring the draft of a suffle-
mental Charter to the
Chartered Banke
and
'A Juchia!
Australia and Chind, emforming the Banka to issive notes
in excen
of their authorsid
limit of $8,000, our any deforiting in the
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