CO129-513-9 Proposals for civil and commercial aviation in Hong Kong- requests for air-routes between Hong Kong... 13-11-1928 - 30-9-1929 — Page 114

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

114

Art.22. The Superintendent has the power to watch and

supervise the Co. whether its business has been contrary to the

regulations. If he thinks necessary to improve some thing, he may

submit his proposal to the Directors' Board and order them to

call a shareholders' assembly. When no satisfaction is given,

he may directly report to the concerned or local authorities for

arranging the matter.

Art.25. The Superintendent may participate the meeting of the

Directors. When he recognises any of the decisions taken by

the later constitutes an obstacle to the Government, he may

stop such a decision.

| VI. Manager end As istant Manager.

Art. 24. The Co. will have one Manager and one Assistant

Manager to manage the affairs of the Co. The Directors' Board

will select just, modest and competeat men to fulfil these

posts.

Art.25. The length of the appointment and the amount of

salary of the Manager and Sub-Manager will be decided by the

Shareholders' Assembly.

Art.26. The Co. will have a General Managing Office under

which will be established various departments. The number of

clerks will be fixed according to thè abundance of affairs.

The expenses will be fixed by the Directors' Beard.

VII. Appendix.

Art.27. Only aeronautic experts will be engaged to

undertake the aerial enterprise. A separate booklet will be

issued to explain the sketch.

Art.28. A separate list will be given to show the

situation of the business, distribution of capital, organisation

of affairs and budget.

Art.29. The formulas to be employed by our Co. refering the

property, ascounts, index, loans, business, profit and loss, etc.

will/

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