CO129-394 - Governor Sir May & Public Offices - 1912 [12] — Page 341

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I

HONG KONG,

36635

RECO

(REG 20 NOV 12.

333

WHEREAS by an Ordinance of the Colony of Hong on (her*%

after called the "Colony") entitled" The General Loan and Inscribed stock Ordinance 197" provision is made amongst othe things under or by virtue of which the Governor is empowered

and raise

to borrow, money by the creation and issue of Stock which is to form part of the Public Debt of the Colony.

And whereas the said Ordinance also makes provision that the Governor may from time to time in manner therein mentioned

cause all or any of the Loans therein specified to be

into stuck which is also to form part of the Pulic Debt of

the colony.

Converteu

And whereas by the said Ordinance it is further provided

that the Governor from time to time make arrangements with the

Crown Agents for the Colonies for the creation and issue by

them of any such Stock as aforesaid and the effecting of any

Such such conversion as aforesaid and for inscribing any Stock as

aforesaid in a register to be kept by them and for aana, ing

the transfers of any such Stockand for other the objects and

purposes in the said Ordinance more particularly mentioned;

And whereas by an Act of the Parliament of the United Kingdom

of Great Britain and Ireland entitled "The Colonial Stock

Act 1877" it is amongst other things enacted that where provisian has been made by the Legislature of a Colony and otherwise

for the inscription and transfer in a register kept in the

United Kingdomby some Bank, Colonial Officer, or person(which

Bank, officer or person is in the said Act referred to as the

Registrar) of any stock forming the whole or any part of the

public debt of such Colony and the Government of such Colony

shall cause a Declaration under seal of such Colony or by sce e

person in that behalf authorised under that Seal stating such provision and identifying the Stock with respect to which it his

been made to be left with the Commissioners of Inland Revenue,

those Commissioners upon payment of the proper fee shal

record the same and such Record and Declaration shall be ap

to inspection at all reasonable times in manner directe

said Commissione supon payment of the proper fee

And whereas by reason of the premises it is exped