CO129-567-10 Companies Amendment Ordinance- draft bill 15-9-1938 - 28-9-1938 — Page 17

543-150) Wt. 16318-94 15,000 7/38 T.S. 695 (*3070-150) Wt. 26563-2 20,000 10/38 T.S. 695

C. O.

53600/384K-

17

Mr.

Mr.

M

Boys 21/11/38

Guut

21

Mr. Clauson 22/11 Mr. A. G. Bowe. well

Sir H. Moore.

Sir G. Tomlinson.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

22

See 13

44.83 11 12

5e4

R

C.O.

ID

23

Downing Street,

25

NOV

November, 1938.

Sir,

I have the honour to refer to

Sir Andrew Caldecott's Confidential

DRAFT.

HONG KONG.

CONFIDENTIAL.

GOVERNOR.

Memo

9

refres the delay перет

this replying to four desk., which has his due to the complanty ??

the misics & the necessity Svensson with other

departments.

1

FURTHER ACTION.

despatch of the 18th of January, 1937,

transmitting copies of a draft Bill to

emend the Companies Ordinance of 1932

introduction the

aqi to inform you that I approve the Bill

in the Legislative Connal,

subject to your consideration of the

amendments suggested in the enclosed

memorandum. I would invite special

attention to Section 275A. The

proposed section conflicts with the

practice in this country under which

dominion and foreign creditors are

treated on a footing of absolute

equality with English creditors,

and even in cases in which local creditors

are entitled to local assets in priority

to