CO129-510-15 China (Companies) order in Council- 1925- correspondence 19-4-1928 - 31-12-1928 — Page 42

Enclosure No. 2 in hanghai Despatch No. 138 to Peking gated

H.B.M.Consul-General, Shanghai.

BUBJECT:

19th July 1928.

42

Petition dated 9th February, 1928 and signed by A.R.Burkill & ons and others, praying that the Companies Ordinance 1911 of Hongkong may be amended

in certain respects.

1.

This Petition in effect prays for the amendment of Hongkong Ordinance No. 58 of 181l in two respects, namely:-

(a) in the first place it is desired that ection 273(1) of the 1911 Ordinance (originally Section 7(1) of Ordinance No. 31 of 1915) may be amended so

as to make Jection 35 of the 1911 urdinance appàic- able in the case of China Companies.

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(b) In the second place it is desired that Section 35 of the 1911 Ordinance may be amended so as to

permit of a Company being licensed to keep a local

register in London, even though such Company does

not carry on any part of its business there.

inasmuch # Hongkong Ordinance No. 31 of 1915 and the China

(Companies) Order in Council 1915 were put into force siml-

taneously by previous arrangement between the Colonial office

and the foreign uffice, it would seem that any such amendments

A8 bove referred to would require the previous consideration

of both those Departments of H.M.Government.

2.

The Petitioners complain that the provisions of

section 7(1) of liongkong urdinance fo. 1 of 1915 *wrought a

real hardship to shareholders in Ching Companies," in that

the bection deprived such Companies of the privilege "of

keeping a register of Members at some place other than at

the/