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292
[No. 1:-2.1.31.—1 ]
A BILL
Short title.
Incorpora- tion.
Powers of
INTITULED
An Ordinance to provide for the incorporation. of the Procurator in Hong Kong of the Salesian Society.
Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows:-
1. This Ordinance may be cited as the Salesian Society Incorporation Ordinance, 1931.
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2. The Procurator for the time being in the Colony of Hong Kong of the Salesian Society shall be a corporation sole (hereinafter called the corporation) and shall have the name of The Procurator in Hong Kong of the Salesian Society" and in that name shall have perpetual succession and shall and may sue and be sued in all courts in the Colony and shall and may have and use a common seal.
3.- (1) Subject to the provisions of sub-section (2), Corporation. the corporation shall have power to acquire, accept leases of, purchase, take, hold and cnjoy any lands, buildings messunges or tenements of what nature or kind so ever and wheresoever situated, and also to invest moneys upon mortgage of any lands, buildings, messages or tenements, or upon the mortgages, debentures, stocks, funds, shares or securities of any government, municipality, corporation, company or person, and also to purchase acquire and possess vessels and other goods and chattels of what nature and kind soever.
Property
(2) Notwithstanding the provisions of sub-section (1), the corporation shall not acquire any immovable property in the Colony unless it shall have previously obtained the special consent of the Governor in Council in each case.
(3) The corporation shall further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer or otherwise dispose of any lands, buildings, messnages, feuements, mortgages, debentures, stocks, funds, shares or securities, or vessels or other goods and chattels, which are for the time being vested in or belong- ing to the corporation, upon such terms as to the corpoca- tion may seem fit.
4. The legal estate in any property whatsoever trans- transferred to ferred to the corporation in any manner whatsoever shall corporation in the event of the death of the Procurator for the time being in Hong Kong of the Salesian Society, or in the event of his ceasing to hold office as such Procurator, pass to his successor in such office when appointed.
to pass to successors.
Appointment
5.-(1) The Reverend Carlo Braga the present Pro- of Procurator. curator in Hong Kong of the Salesian Society, having furnished to the Governor satisfactory evidence of his appointment to that office, shall for the purposes of this Ordinance be deemed to be the Procurator in Hong Kong of the Salesian Society until the appointment în his stead of some other person as such Procurator.
(2) When any other person is appointed to the office of Procurator in Hong Kong of the Salesian Society such person shall within three weeks after his appointment or within such further time as may be allowed by the Governor furnish to the Governor satisfactory evidence of his appointment.
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