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802
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13.
Your Petitioners contend that the Hongkong Government in depriving them of their undoubted right to carry on a legitimate business without any payment in respect of goodwill have in effect confiscated your Petitioners' capital and have arbitrarily and without warrant possessed themselves of a revenue producing asset at the expense of your Petitioners. 14. Your Petitioners submit that such course of action violates all the essential principles of ordinary business morality and is contrary to public policy and if allowed to stand as an accepted canon of Governmental conduct must inevitably tend to shake public confidence in the security of capital and to remove all inducements to honest endeavour and business enterprise in this Colony.
Your Petitioners therefore pray that the Hongkong Goverment may be directed to reconsider their decision
and to take into full consideration
the right of your Petitioners to claim for loss of future profits in assessing the compensation due to
your Petitioners.
And Your Petitioners will ever
pray etc.
Dated the 19th day of April 1922.
WING
404
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