CO129-416 - Public Offices - 1914 — Page 400

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Enclosure | in Consul General Fraser's No. 1 z to Paking, on 17th March

1914

15207-

395

Kenorandum suggesting emendationsồin draft!

"China (Companies) Order-in-Council",

As I have already verbally advised lils

Kajesty's Consul General, the revised draft

Order appears to me to need further revision

in the following particulars:-

1.

The term "China Company", as at pre-

sent defined in article 2, moɑns a company

limited by stares, and does not include a

Company limited by guarantee. There are com-

panies limited by guarantee other than charit-

able, literary or artistic associations in-

corporated in Hongkong and best controlled

within the limits of the order, for instance

the Shanghai Stock Exchange and the Pilot

Associations.

Although the Stock Exchange,

having proved to the satisfaction of the Gover-

nor of liongkong in accordance with article 21

of the Companies Ordinance, 1911, that they

We re