CO129-503-5 Hong Kong and Shanghai Bank Ordinance- 1927 3-12-1926 - 31-12-1927 — Page 57

TABLE OF CORRESPONDENCE

BETWEEN

REGULATIONS AND THE EXISTING DEED OF SETTLEMENT

Paragraph of Regulations.

Articles of Existing Deed of Settlement.

Remarks.

1

Article 1.

2

Article 6.

3

Article 12 (first 8 lines) plus modern forms in Palmer's Company Pre- cedents, which Bank requires.

No corresponding Provision.

5

Article 29.

Places of Business.

6

Article 16.

Regulation 1 provides for the Re- gulations being construed by the law of Hongkong.

Regulation 3 has been expanded so as to meet all possible require- ments of modern banking, finance, and commerce.

Usual Precedent.

Regulation 5 contains the usual pro- hibition against buying or lending on its own shares.

Regulation 6 provides, as heretofore, for the Head Office being in Hong- kong.

7

Article 17.

8

Article 18.

Increase of Capital.

9

(Compare Articles 20, 23, 24 and

26).

Usual Precedent.

Shares Miscellaneous

Provisons.

10 (1) Articles 21 and 22.

(2) Last 6 words of Article 27.

(3)

(4) | Article 60.

(5)

Articles 65 and 66.

Usual Precedent.

Certificates for Shares.

"Incapacitated shareholder" is de- fined in Section 2 of the Ordinance.

11

| Article 30.

67