CO129-344 - Public Offices & Foreign Office - 1907 — Page 638

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

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635

the British Group shall transfer 2,500 out of the,

said 7,500 shares to the French Group and shall retain

the remaining 5,000 shares for themselves so that in

the event of the American Group not participating the

said 100,000 shares will be held as to 45,000 by the

British Group or their nominees as to 45,000 by the

French Group or their nominees and as to 10,000 by the

Belgian Group or their nominees. None of the said

100,000 shares shall save as aforesaid be sold trans-

ferred mortgaged or otherwise dealt with without the

consent of the British and French Groups for a period

of five years from the date hereof and before the

transfer of the shares aforesaid to the Belgian and

American Groups agreements to the like effect to this

Clause shall be entered into by them and by the Bel-

gian Group also relating to the shares already trans-

ferred to them as aforesaid.

4. The number of Directors of the Company shall

be increased to 18 of whom 9 shall be from time to time

appointed by the holders of the 550 deferred shares

numbered

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