CO129-384 - Public Offices - 1911 — Page 411

M

(33267/11).

408

Government in regarding such companies as British, and

if the Board of Trade concurred, a system could no

doubt be adopted, under which the applications for

registration might be made at Shanghai and the regis-

tered offices of the companies and rogisture of share-

holders might be kept there. If some such machinery

were provided at Shanghal for the registration of com-

panies in London, the result would be that, though all

the steps which the individuals anxious to fonu a

company would find it necessary to take would be made

possible at Shanghai, the actual incorporation of the

company would take place in London, and consequently

no difficulty would arise as to the company's nation-

ality.

Sir H. de Sausmarez thought that if an arrange-

ment could be made on these lines it would meet all

the necessities of the case, but he laid some stress on

the following points:-

(a)

The official at Shanghai receiving applica-

tions ought to be of sufficient standing and experience.

to