CO129-326 - Foreign Office - 1904 — Page 637

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

633

No doubt that a Company registered under British Law may fly the British Flag although all the shareholders may be foreigners because it is a body corporate who own the ship and not the shareholders who have only an interest therein.

With reference to the "principal place of business" it has been decided that this means a place within the jurisdiction where the business of the firm is carried on in the firm's name by a partner of or some person who is in the pay of the firm.

The authorities for this appear in a note to Order 48a Rule 3 of the Annual Practice. Provided therefore the registered office of the Company is within the jurisdiction and there is somebody there carrying on whatever business of the Company there may be, who is paid by the Company, the Company comes within the above quoted definition and is a corporation who are entitled to own a British ship.

It would be interesting to inquire into the way the other firms owning launches on the Swatow river which fly the British Flag have got over that part of the declaration necessary to be made before they can do so which states that a vessel is owned by British subjects.

Yours faithfully,

(Signed) Deacon, Looker and Deacon.

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633 No doubt that a Company registered under British Law may fly the British Flag although all the shareholders may be foreigners because it is a body corporate who own the ship and not the shareholders who have only an interest therein. With reference to the "principal place of business" it has been decided that this means a place within the jurisdiction where the business of the firm is carried on in the firm's name by a partner of or some person who is in the pay of the firm. The authorities for this appear in a note to Order 48a Rule 3 of the Annual Practice. Provided therefore the registered office of the Company is within the jurisdiction and there is somebody there carrying on whatever business of the Company there may be, who is paid by the Company, the Company comes within the above quoted definition and is a corporation who are entitled to own a British ship. It would be interesting to inquire into the way the other firms owning launches on the Swatow river which fly the British Flag have got over that part of the declaration necessary to be made before they can do so which states that a vessel is owned by British subjects. Yours faithfully, (Signed) Deacon, Looker and Deacon.

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633 no doubt that a Company registered under British Law may fly the British Flag although all the share- holders may be foreigners because it is a body cor- porate who own the ship and not the shareholders who have only an interest therein. With reference to the "principal place of busi- ness" it has been decided that this means a place within the jurisdiction where the business of the firm is carried on in the firm's name by a partner of or some person who is in the pay of the firm. The authorities for this appear in a note to order 48a rule 3 of the Annual Practice. Provided there- fore the registered office of the Company is within the jurisdiction and there is somebody there carry- ing on whatever business of the Company there may be, who is paid by the Company, the Company comes within the above quoted definition and is a corpora- tion who are entitled to own a British ship. It would be interesting to inquire into the way the other firms owning launches on the Swatow river which fly the British Flag have got over that part of the declaration necessary to be made before they can do so which states that a vessel is owned by British subjects. Yours faithfully, (Signed) Deacon, Looker and Deacon. can

2026-06-02 07:06:16 · Baseline

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633

no doubt that a Company registered under British

Law may fly the British Flag although all the share-

holders may be foreigners because it is a body cor-

porate who own the ship and not the shareholders

who have only an interest therein.

With reference to the "principal place of busi-

ness" it has been decided that this means a place

within the jurisdiction where the business of the

firm is carried on in the firm's name by a partner

of or some person who is in the pay of the firm.

The authorities for this appear in a note to order

48a rule 3 of the Annual Practice. Provided there-

fore the registered office of the Company is within

the jurisdiction and there is somebody there carry-

ing on whatever business of the Company there may

be, who is paid by the Company, the Company comes

within the above quoted definition and is a corpora-

tion who are entitled to own a British ship.

It would be interesting to inquire into the way

the other firms owning launches on the Swatow river

which fly the British Flag have got over that part

of the declaration necessary to be made before they

can do so which states that a vessel is owned by

British subjects.

Yours faithfully,

(Signed) Deacon, Looker and

Deacon.

can

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