CO129-535-5 N.I. Brewer- transcript of trial and evidence 1-1-1929 - 31-12-1931 — Page 171

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Copy of this prospectus has been filed with the Registrar

of Companies as required by Section 82 of Companies Ordinance,

1911.

The following have consented to be directors:

Instone Brewer, Barrister-at-Law,Bank of Canton Building

Yeung Tat Po

Yau Farin Yip Wing Fong

Chúng Tat Châu

Merchant

11

#

H

Liu Yau Po

Li Shiu Hong

#

Li Ting Sang

"

Chas. W. Mok

Li Shun

711 Shanghai Street

31 Bonham Road

26 Lun Kwai Fong

361 Nathan Road

121 Caine Road

64 Bonham Strand

481 Nathan Road

Liu Hing

#

30 Des Voeux Road, Central 361 Nathan Road,

Auditors will be appointed at the first general meeting of the Company.

Objects of the Company are stated in the copy of Memorandum of Association set out in this prospectus and which forms part of it.

Capital:- Articles 4 & 5 of the Articles of Association are as follows:

4. The capital of the Company is $10,000,000 Hongkong currency divided into 50,000 cumulative preference shares of $100 each and 49,995 ordinary shares of $100 each and 500 founders shares of $1.00 each.

The rights following shall be attached to the shares aforesaid inter se subject as hereinafter provided, that is to say:-

(a) The said preference shares shall confer the right to a fixed cumulative preferential dividend at the rate of 8% per ammum on the capital paid up thereon.

(b) Subject only to the right of the said

preference shares to prior payment of the said cumulative dividend, the founders shares shall be entitled to 15% of all dividends whatsoever that may from time to time be declared and this sum shall be divided among the holders of the founders shares in proportion to the founders shares held by them respectively.

(c) Subject as aforesaid the ordinary shares shall confer on the holders the right to a fixed cumulative dividend at the rate of 8% Der amnum on the capital for the time being paid up thereon.

(d) Subject as aforesaid the preference shares shall be entitled to participate pari passu with the ordinary shares to the extent of an additional 4% per armum on the capital paid up thereon which additional dividend shall not be cumulative.

1.