CO129-381 - Governor Sir Lugard - 1911 [11-12] — Page 475

Section 20

CO

108

NAMER AND ADDRESSES of the persons who are the Direct-

ors of the

day of

Names.

Limited on the

19

Addresses.

15:

re 2.

7208 REG15 JAN 12

ATTORNEY GENERAL'S CHAMBERS,

NOTE.-Bauking companies must add a list of all their places of business.

(Signature)

(State whether maunger or secretary)......

Hongkong ...19th,,Desembery

191/.

Report on Ordinance No...58

of 191/ .

FORM F.

LICENCE TO HOLD LANDS,

The Governor hereby licenses the

to hold the lands hereunder described (insert description

of lands) [or to hold lands nor exceeding in the whold ueros].

The conditions of this licence aro (insert conditions, if any).

I have examined the accompanying Ordinance entitled

"Am Ordinanse to consolidate and amend the Law relating to companies, "

FOURTH SCHEDULE.

PROVISIONS REFERRED TO IN SECTION 250

OF THE ORDINANCE.

Provisions relating 10-

Section 259

The conclusiveness of certificates of

incorporation;

s. 18.

Restrictions on appointments or 3. 73.

advertisement of directors; Restrictions on commencement

business;

Returus as to allotments: Statutory meetings;

of x, 89.

8.90.

8. 66.

s. 27.

The particulars as to directors and mortgage debt and the statement in the form of a balance sheet in the annual summary ;

The appointment and remuneration and powers and duties, of auditors: Obligations of companies where no

prospectus is issued:

98, 113, 114,

5. SJ.

Registration of mortgages and char-

8. 95.

tes:

Filing of accounts of receiver and | s. 97.

maunger;

Notice by liquidator in voluntary s. 180.

winding-up of his appointment; Rights of creditors in a voluntary

winding-up; Requirements as to companies esta- blished outside the Colony.

s. 181.

s. 252.

Γ.

I am of opinion that the Ordinance one which is not contrary to the Governor's Instructions,

This Ordinance in its Bill form was submitted to H. M. Secretary

*

2 State as an enclosure in H. E. the Governor's despatch of the 11th, April 1911 and with it were submitted two memoranda by the Registrar of Companies (copies of which are attached to this report) explaning in some detail the differences between this Ordinance and the Imperial Ast on which it is founded. The marginal notes to the sections of the Ordi- nance contain references to the corresponding sections of the Act of 1908. The second and third sub-sections to section 1 have been introduced in order to remove any doubts which may have been engendered along the China Coast by the judgement of the Chief Justice in the Dallas Horse Repository case (5 Hong Kong Law Reports 194) as to the status of the ** called "Shanghai" Companies, which are registered in Hong Kong, but which do not carry businees there. In section 2 the number of partners ate the same for) banking companies we or othe companies. This de-