CO129-416 - Public Offices - 1914 — Page 408

limits of the order" would be neither a

*hongkong" nor a “C hina* Company and would

be subject to the sima law as other british

Companies.

Independently of the danger of

such companies with a share capital escaping

control under the draft order through the

Supreme Court for China, the affect of the

legislation is to limit the jurisdiction of

the Court and the functions of the Registrar

of Companies in Shanghai in a class of caseA

which have nothing to do with longcong.

it is, I think, clear that con-

panies limited by guarantee should not be ex-

cluded in defining Chin companies if the two

objects aimed at by this legislation, facility

of registration and guarantee of good faith

and British nationality, are to be attained.

The s we remarks apply to wlimited

companies though in a loss degree, as the risÍC B

to

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