CO129-465 - Public Offices & Others - 1920 — Page 67

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next within which to comply.

Secondly, it is noted that the powers of the

Governor under Section 7 of the Ordinance to make regu-

lations, are, by Article 7 (2) of the Order in Council,

vested in His Majesty's Minister. In this connection my

Directors would be glad to know whether any regulations

have yet been made, and in particular the nature of the

securities which would be acceptable to His Majesty's

Minister.

The Company's financial year having ended on the

30th April, 1920, the accounts and balance sheet will

be prepared and copies filed at your office in accordance

with Section 6 of the Ordinance. The auditors of the

Company are Messrs. G. H. and N. Thomson, Chartered Ac-

countants, and my Directors presume that this firm will

meet with the approval of His Majesty's Minister under

Subsection (2) and that no further audit will be neces-

sary.

I have, etc., The Shanghai Marine Insurance Co., Ltd.,

(Sa) T. Orton.

Secretary.