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Colony which require a Recinter of Shareholders to be kept
in the Colony and the colonial authorities no doubt contend
that the representatives of a deceased shareholder cannot
avnii themselves of any non-compliance with thie ublicatio
engopayment or duty on tho value of his aharon. Their
urgument, it may be anuen to that if the ahures are on
a Register kept in Hongkong they gertainly form part of
the Fongkong eatnto and if they are not on such a register
but are on an informal rapister kept songwhere also they
munt nevertheless be treated aa part of the Monekong entate"
when the rourosentativea of the opened into dank
them: for they can only form part of the estate if the
docomodous either exprously or by implication inserthod
koharaholder in a proper reciater.
what is the case
of the Hunakong authoritien and I aunnot way that in my
{
opinion there is any direct answer to it. Future are
soveral matters to be taken into consideration when est
mating the value of the Colonial coverrments olat
compared with the claim of X. X. Shọc màufourt that the
shares really form part of the estate in Shanghai.
In the
first place the Shanghai Gas Company Limited and companies
like it have nothing to do with Hongkong except that they
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