CO129-509-7 Proposed amendments to Hong Kong and Shanghai Banking Corporation 15-2-1928 - 25-9-1928 — Page 19

N 332.

Sir,

co

5280197 111%%m?

RE

IVED

7 AUG 1928

19

GOVERNMENT HOUSE,

HONGKONG. 3rd July, 1928.

Copy

Enclosure No.1.

Enclosure No.2.

I have the honour to acknowledge the receipt

of your despatch No.115 of 4th April, 1928, transmitting copy of correspondence with the Treasury relating to the proposed amendment of the Hong Kong and Shanghai Banking Corporation

Ordinances.

2.

I have caused the suggestions in the Treasury letter of the 21st February to be communicated to the Bank, and in reply thereto have received through the Attorney General the letter, a copy of which is enclosed, addressed

to him by Messrs. Johnson, Stokes and Master, the Solicitors

for the Bank. This Government is prepared to concur in the

views set out in this letter, and in particular I would

emphasise the fact that the Bank has no special political

relation to this Government.

3.

With reference to Sir Cecil Clementi's

telegram of 24th April, 1928, concerning the amendment of

the draft title and draft Clauses 3 and 18 of the proposed

Ordinance I attach a copy of a letter dated 18th April, 1928,

from the Chief Manager of the Bank which explains these

amendments to the draft.

THE RIGHT HONOURABLE

I have the honour to be,

Sir,

Your most obedient humble servant,

W.D. Southos

Officer Administering the Government.

LIEUTENANT COLCATEL 1.0.1.S. AERY, K.P.,

&.c..

&c.,

&c.