with the Col. Gut. of their ratue in specie
(nd: 5/400 contined 53f the
99
ade till 1908.
Ower 106 / 1907 allowed the increase
1
capital
to $20 million provided that all roles issued in
exclos
1
$10,7 million
"the anthought cape ca 6
1
the new
on 1. Javy 1907) up to the hint
capital must be secured by coin or securities
both hold in London by the CA. My
or
the 99 now were
hustees. The provisions of the
also extended continued to the rice.
l is
is now $15.0 The authorized paid up capital. There for under the law the Bank is ngoured to deposit with in London con and reunities
to the sale of 57 $10,
or
51 $10 million +
sle of
$5 million : & they must kup com in 17 Kong to the value & any notes would in excers
the paid up capital 1 $15 million
گے
thend Enclosure to the destotch shows that
the note circulation in
April
$24,046, 537 I wich $9,646,537 must be secured by coin deposited in
24,646655
15 000 00
9, 646 3
(
14 long. The amount actually deposited in
The Colony
96
$14,000,000
V
£100,000
sag
$15 million, a surples of $5,353 443)
which corso the £500,000 with I semities recently released in London (se CA / 10288 +412748).
from M.D/17363/07 it appears that the Saud La the right at any time & substitute xcurity
in London for security in it kong
nee Misa
Salad
aspect of
the
or
ordinary notersone
(Lee also 13507/07 on this point)
It appears therefore that the God was justified in instructing CA. to alease the £500,000 Esecurities
Yos. It seems all
Ал
m
234
20
8. But by.
rigtet.
$20.
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