CO129-339 - Acting Governor May Governor Nathan - 1907 [1-3] — Page 266

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

RZE

0.20

3 lofpict

263

The Sec. to the Treas.

For

8 201/H.Kong

21 Feb.

Feb. 07.

Hr. Collins

Mr. Lucas

19/2

20

Fil

Kl. 18 Febr

D.

Juan Werd 7688

7688

Setrais n

Sir,

With reference to your letter No. 1094 of the 29th ult., I am directed by the Earl of Elgin to transmit to you, to be laid before the L.C. of the Treas., copy of a tel. from the Gov. of H.Kong regarding the note issue of the Hongkong and Shanghai Bank.

Lord Elgin could not recommend an extension of the bank's ordinary note issue on the present terms (under which they deposit securities to the amount of one third of the issue), but in order that the Bank may not be handicapped in their competition with Foreign Banks, he would suggest that an extension of the ordinary note issue might be allowed, pari passu with the increase of the paid-up capital, on condition that approved securities are deposited under the control of the C.A. to the full amount of the extended issue.

I am to ask whether the L.C. concur in this suggestion. The favour of an early reply is requested, in order that the Gov. may be informed by tel.

I am &c.

(Signed) C. P. LUCAS,

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C. D. RZE 0.20 3 lofpict 263 The Sec. to the Treas. For 8 201/H.Kong 21 Feb. Feb. 07. Hr. Collins Mr. Lucas 19/2 20 Fil Kl. 18 Febr D. Juan Werd 7688 7688 Setrais n Sir, With reference to your letter No. 1094 of the 29th ult., I am directed by the Earl of Elgin to transmit to you, to be laid before the L.C. of the Treas., copy of a tel. from the Gov. of H.Kong regarding the note issue of the Hongkong and Shanghai Bank. Lord Elgin could not recommend an extension of the bank's ordinary note issue on the present terms (under which they deposit securities to the amount of one third of the issue), but in order that the Bank may not be handicapped in their competition with Foreign Banks, he would suggest that an extension of the ordinary note issue might be allowed, pari passu with the increase of the paid-up capital, on condition that approved securities are deposited under the control of the C.A. to the full amount of the extended issue. I am to ask whether the L.C. concur in this suggestion. The favour of an early reply is requested, in order that the Gov. may be informed by tel. I am &c. (Signed) C. P. LUCAS,
Baseline (Original)
$U$ C. D. RZE 0.20 3 lofpict 263 The Sec. to the Treas. For 8 201/H.Kong 21FED. Feb. 07. Hr. Collins Mr. Lucas 19/2 20 Fil Kl. 18 Febr D. Juan Werd 76f8 7688 Setrais n Sir, With reference to your letter No. 1094 of the 29th ult., I am directed by the Earl o. Elgin to transmit to you, to be laid wefore the L.C. of the Treas. copy of a tel. from the issue of the X Gov. of H.Kong regarding the noto H.. and Shanghai Dauk. Lord Elgin could not recommend aŭ e.tension of the bank's ordinary note issue on the presont terms ( under which they acposit securities 10 the amount of one third of the issue ) but in order that the Bank may not be handicapped in their competition with Foreign Banks ho would suggest that an extension of the ordinary note issue might be allowed, pari passu witu tie increas 0. the paid up capital, on condition approved securities are deposited under the control of the C.A. to the fuil amount of sion of the that the extendin issue. A I am to ask whether the L.. concur in this suggestion. The favour of an early reply is requested, in order that the Gov. may be in- formed by tel. I am &c. (Signed) C. P. LUCAS,
2026-06-03 13:57:00 · Baseline
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$U$

C. D.

RZE

0.20

3 lofpict

263

The Sec. to the Treas.

For

8 201/H.Kong

21FED.

Feb. 07.

Hr. Collins

Mr. Lucas

19/2

20

Fil

Kl. 18 Febr

D.

Juan Werd 76f8

7688

Setrais n

Sir,

With reference to your letter No. 1094

of the 29th ult., I am directed by the Earl

o. Elgin to transmit to you, to be laid wefore

the L.C. of the Treas. copy of a tel. from the

issue of the X

Gov. of H.Kong regarding the noto

H.. and Shanghai Dauk.

Lord Elgin could not recommend aŭ e.tension

of the bank's ordinary note issue on the presont

terms ( under which they acposit securities 10

the amount of one third of the issue ) but

in order that the Bank may not be handicapped

in their competition with Foreign Banks ho

would suggest that an extension of the ordinary

note issue might be allowed, pari passu witu tie

increas 0. the paid up capital, on condition

approved securities are deposited under the control of the C.A. to the fuil amount of

sion of the

that

the extendin issue.

A

I am to ask whether the L.. concur in this

suggestion. The favour of an early reply is

requested, in order that the Gov. may be in-

formed by tel.

I am &c.

(Signed) C. P. LUCAS,

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