48 TTA 704 90 Sone.. LATO NA tự meni qoidanpub 20 (1588 ANJANG 10 wotliis 20 30 40 20 1: ancillie vtnow! JAZ DEMAND. NO :: Į * madi (conæ ih 10 GAGGTAC JEAN DEL NO A pots de foit 1: t Jumal t Dollars
AND WHEREAS by Section 4 of the Principal Ordinance it was enacted that the Company should be established for the purpose of carrying on, under the management of a Court of Directors, the business of banking for the term of 21 years, commencing from the date of that Ordinance; AND WHEREAS by Section 29 of the Principal Ordinance it was enacted that, on the determination of the said term of 21 years from the date of the Principal Ordinance the powers and privileges thereinbefore conferred on the Company should cease, unless the Governor, with the advice of the Legislative Council of the Colony should declare to the contrary, and by an Ordinance to that effect authorise the Company to continue incorporated under the aforesaid provisions for a further term of ten years, or for such period and under such provisions and conditions as might be contained in such Ordinance;
AND WHEREAS by Section 2 of the Hongkong and Shanghai Banking Corporation Ordinance 1887, it was enacted that the Company should continue incorporated and should carry on the business of banking under the provisions and conditions contained in the Principal Ordinance for the further term of 21 years commencing from the 14th day of August 1887; AND WHEREAS it is expedient to authorise the Company to continue incorporated under the provisions of the Principal Ordinance for an additional and further term of 21 years commencing from the expiry of the said further term of 21 years;
AND WHEREAS by Section 13 of the Principal Ordinance it was enacted that the total amount of bills and notes of the Company payable to bearer on demand, actually in circulation, should not at any time exceed the amount of the capital of the Company actually paid up, and there should be kept by each establishment of the Company an amount of coin and bullion equal to one third at least of such of the said bills and notes as were issued from such establishment and were for the time being in circulation;
AND WHEREAS by Section 3 of the Hongkong and Shanghai Banking Corporation...
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Corporation
}
*
48
TTA
704 90 Sone.. LATO NA
tự meni qoidanpub 20 (1588
ANJANG 10 wotliis
20 30 40 20 1: ancillie vtnow!
JAZ
DEMAND. NO
::
Į
*
madi (conæ ih 10
GAGGTAC
JEAN DEL NO
A pots de foit 1: t
Jumal t
Dollars AND WHEREAS by Section 4 of the Principal Ordinance it was enacted that the Company should be established for the purpose of carrying on, under the management of a Court of Directors, thebusiness of banking for the term of 21 years, commencing from the date of that Ordinance; AND WHEREAS by Section 29 of the Principal Ordinance it was enacted that,
on the determination of the said term of 21 years from the date of the Principal Ordinance the powers and privileges thereinbefore conferred on the Company should cease, unless
the Governor, with the advice of the Legislative Council of
the Colony should declare to the contrary, and by an Ordinance to that effect authorise the Company to continue incorporated under the aforesaid provisions for a further term of ten
years, or for such period and under such provisions and con- ditions as might be contained in such Ordinance; AND WHEREAS by Section 2 of the Hongkong and Shanghai Banking Corporation Ordinance 1887, it was enacted that the Company should con- tinue incorporated and should carry on the business of banking under the provisions and conditions contained in the Principal Ordinance for the further term of 21 years commencing from the 14th day of August 1887; AND WHEREAS it is expedient to authorise the Company to continue incorporated under the provisions of the Principal Ordinance for an additional and further term of 21 years commencing from the expiry of the said further term of 21 years; AND WHEREAS by Section 13 of
the Principal Ordinance it was enacted that the total amount of bills and notes of the Company payable to bearer on demand, actually in circulation, should not at any time exceed the amount of the capital of the Company actually paid up, and there should be kept by each establishment of the Company an
amount of coin and bullion equal to one third at least of such
of the said bills and notes as were issued from such estab-
lishment and were for the time being in circulation; AND WHEREAS by Section 3 of the Hongkong and Shanghai Banking
-2-
Corporation
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