CO129-417 - Public Offices - 1914 — Page 73

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THWOL LIHATUE

. IAHOKAME

MAJBL dan vi

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yd Jon bipod., ar1.09 al vangnoo 3 NC VIIBO og dalw odw

pita. To audiatum yi yongwoo ziedo galtinti

qubno wốt yd beɛogil acrsenlupen edo equons betimii

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erto

one "limited by shares".

Neither would such a campany

be a Hongkong company within the meaning of the Order

and so it would escape a great deal of the proposed

special legislation. The proposal is to omit the

words "limited by shares" in the definition of a

"China company".

The second question of importance is the applica-

tion to China Companies in China of the provisions of

the Life and Fire Insurance Ordinances, which seems

highly advisable. Some modification of the draft is

necessary otherwise all applications under those

Ordinances would have to be made in Hongkong.

The question of a list of auditors is raised by

the Companies Amendment Ordinance 1913, which is sub-

sequent to the draft. It materially helps us but the

operation of Section 16 would be unsuitable in China.

I do not know what view will be taken at home on

these points, but they must, if Amendments are con-

sidered desirable, be referred to you, and I am

therefore venturing to communicate with you direct so

that if you

concur in our views there may not be the

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26...98 1.58

delay of a reference to you from London.

I have &c.,

(Signed)

H. de Sauszerez.