CO129-436 - Acting Governor Claud Sever & Governor Sir May & Public Offices - 1916 [11-12] — Page 272

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RHONENOM

.1900

COPY.

Johnson, Stokes & Master,

Solicitors & Notaries.

6.

269

Hongkong 18th. December, 1916.

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BAÉTELLEL OL ESTATEN Bpqbal

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The Hon. The Attorney General.

sir,

THE INNAMINGKA STFAMSHIP COMPANY LIMITED.

In regard to the alteratiore of the Articles of Aeeociet –

ion of this Company which were passed at a Confirmatory Keating

of the Company yesterday, and upon the passing of which we under- stand that your Governmert has, perding a decision from the Bçarð

of Trade, allowed the clearance of the e.n. *INNAMINCKA" and Ese

allowed her to trade on the Coast, we would wish to state that when

we were first corsulted in the matter by Major Macdorald, the

General Manager of this Company, and by the two Chirese gentlemer.

who hold between them 1900 shares out of 2200 shares in the Company

we advised the General Kanager and there two Chinese gertlemer trat

the only possible way to comply with the provisione of 6 and 7

George V Ch. 42(the Transfer Restriction Act 1916) wes for the two

Chinese gertlemer who hold a preponderating number of shares ard consequently votes in the Company to sell and transfer for value ble

ocnsideration to a British subject a sufficiert number of sheros

as would meet and comply with Section E paragraph b of the act of

Parliament.

We consider that the present amendment of the Articles

of Association is merely a subterfuge to evade the Act and has no

real effect in law, for the Artioles of Association could upon the

votee now held by the two Chinese gentlemen be agnir enørded by substituting new Artioles in their entirety for the present Articles which could effectively give the control of the Company and the ship to a number of alien directors who could by the Artiolee compel the General Manager to obey and perform their wishes ir every matter.