1
ته
(19) To establish and support, or aid in or contribute to the establishment and support, of associations, institutions, funds, trusts and conveniences, calculated to benefit employees or ex- employees of the Bank or the dependants or connections of such persons; and to grant pensions and allowances and dona- tions to any persons who have been in the employ of the Bank, or to employees or ex-employees of any persons, firms com- panies or corporations whose business may have been acquired by the Bank; and to make payments towards insurance, and to subscribe or guarantee money for gifts or testimonials, or for national, provincial, municipal, educational, scientific, religi- ous, charitable or benevolent objects, or for any public, general, or useful object.
(20) To sell, improve, manage, develop, exchange, lease, mortgage, dispose of, turn to account, or otherwise deal with all or any part of the property, concessions, franchises, charters, patents, monopolies, privileges or rights of the Bank for the time being, whatsoever and wheresoever.
(21) To establish, promote, or concur in establishing or promoting any company corporation syndicate or firm whose business or objects shall include the acquisition and taking over of all or any of the property assets and liabilities of the Bank, or in which the Bank is interested, or which shall be in any manner calculated to advance directly or indirectly the objects or in- terests of the Bank, and to take or otherwise acquire and hold shares in or securities of any such company, corporation, syndicate or firm, and to guarantee any payments in respect of any shares, debentures or securities (whether in the nature of capital, principal, income or interest, or otherwise) issued by any such company corporation, syndicate or firm.
(22) To do all or any of the above things in any part of the world, and as principal, agent, contractor, trustee or in any other capacity whatever, and by or through trustees, agents or other- wise, and either alone or in conjunction with others.
(23) To do all such other acts and things in all parts of the world as shall seem to the Bank incidental or conducive to the attain- ment of the above objects or any of them.
4. Any branch or kind of business, which either by the Ordinance or by these regulations is either expressly or by implication authorised to be undertaken by the Bank, may be undertaken by the Board at such time or times as the Board shall think fit, and further may, subject to obtaining any necessary consent, be suffered by it to be in abeyance, whether such branch or kind of business may have been actually commenced or not, for so long as the Board may deem it expedient not to commence or proceed with such branch or kind of business.
Conduct of Bank's
business.
5. None of the funds of the Bank shall be employed in the purchase Bank not of or in loans upon the security of its own shares.
Places of Business.
6. The Bank shall always be provided with some house or office in the Colony, which shall be its Head Office or principal place of business.
7. The Head Office shall be at No. 1 Queen's Road Central, Victoria, in the Colony of Hong Kong or at such other place in the Colony as the Board shall from time to time appoint.
8. The Bank, from time to time, may provide such houses or offices in places, whether in the Colony or elsewhere, in which its business shall be carried on, as the Board may, from time to time, think requisite for the business of the Bank, and for the residence of any of its Managers. Agents, Sub-agents, Officers, servants, or clerks or for other purposes of the Bank.
to purchase or advance on its own shares.
Head Office
to be in the Colony.
Situation of
Head Office.
Provision of houses and situable
offices in
places.
No comments yet.
Private notes are available after approval.