CO129-509-7 Proposed amendments to Hong Kong and Shanghai Banking Corporation 15-2-1928 - 25-9-1928 — Page 13

13

Shanghai Banking Corporation should give an undertaking

that no amalgamation scheme (including the purchase of

shares or any joint working or profit sharing arrangement)

to which the Bank may be a party will be carried out

without the prior approval of the Treasury and of the

Board of Trade.

3. The Hongkong and Shanghai Bank Ordinance,

1866, was Ordinance No. 5 of 1866 and the marginal note

to Clause 18 will require to be amended accordingly.

A copy of this letter is being sent to the

Board of Trade.

I am,

Sir,

Your obedient Servant,

NNW Niche

So