CO129-567-10 Companies Amendment Ordinance- draft bill 15-9-1938 - 28-9-1938 — Page 14

(*2643—150) Wt. 6318-94 15,000 7/38 T.S. 695 (*3070-150) Wty26563-2 20,000 10/38 T.S. 695

C. O.

Mr. Boyse

(9/1/39.

Mr.

n

Cowell

Mr.

Mr. A. J. Dawe.

Sir H. Moore.

Sir G. Tomlinson.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

S. CAINE, ESQ.

AM. I aper

(1 copy each of I and

II and 3 copies of III,

see over page)

(with me

bes

53600/38. Hong Kong.

15226

äft

14

For Mr Boyse's of L

sz

Dear Caine

Downing Street,

27 January, 1939.

I am sorry that we omitted

to send you copies of the Palestine Bank

Ordinance with the Colonial Office

Confidential despatch of 25th November,

1938, enclosing a memorandum on the

proposed Hong Kong Company's Amending

Ordinance. I now rectify the omission

by sending you all the copies we can

spare (see below).

The phrase used in the third

paragraph on page 5 of the memorandum,

which has apparently misled you, was

condensation perhaps an unfortunate rendering of

FURTHER ACTION.

what we wished to convey, viz. that we

see no objection to deposits up to a

I

total of $5,000 earning compound

"

acermulating "

interest, since the galeulating interest

credited to a depositor making that

person's total credits up to a sum in

excess