authorize Companies registered under the Companies Ordinance, 1865, to keep local registers of their members outside the Colony:
2. The King will not be advised to exercise his powers of Disallowance in respect of this Ordinance, but I enclose for the consideration of your Government a copy of a Despatch from HM's Consul General at Shanghai, in which he endorses the suggestion, which was made by the Board in the first instance, that the annual duty should only be chargeable on the amount of the local registered and not on the total amount of the company's capital.
authorize Companies
rigistered under
the
Companies Oromance, 1865,
to keep local
registers of their members
outside the Colony":
Am
2.
The King
not be advise's
will
To
exercise his powers of Sisallowance in respect of this Ordmance,
but I enclove for
the & consideration
of your
Government
a
copy of
A
Sespatch from HM's
Consul General at
Shanghai
he endorses
in which
Alex
the
suggestion, which
made by the
was
Board
Бабе или
the first instance,
that the
ammal
should only
duty
ва
br chargeable
the
amount of
the
shans
the
local ngesting and
the total
not
amount of
the
company's capital
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