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THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 15, 1933.
7. The Colonial Treasurer moved :-
(1) That this Council, in exercise of its powers under section 6 of Ordinance No. 9 of 1925, consents to the authorised capital of the Hong Kong Telephone Company, Limited, being increased, from its present capital of $5,000,000 divided into 500,000 shares of $10 each, to $7,500,000 divided into 750,000 shares of $10 each.
(2) That this Council consents to the proposal of the said Company to give to shareholders an option of subscribing to the new issue of capital at a ratio of one new share for every two existing shares held by them, and to the further proposal of the said Company to make such new issue of capital on the payment of $2.50 per share in the first instance leaving the balance to be called up from time to time as may be required. The Colonial Secretary seconded.
Question-put and agreed to.
8. Summary Offences Amendment Bill.-The Attorney General addressed the Council and moved the First reading of a Bill intituled "An Ordinance to amend the Summary Offences Ordinance, 1932."
The Colonial Secretary seconded.
Question-put and agreed to.
Bill read a first time.
9. Miscellaneous Licences Bill.The Attorney General moved the Second reading of the Bill intituled "An Ordinance to consolidate and amend the law relat- ing to miscellaneous licences."
The Colonial Secretary seconded. Question---put and agreed to.
Bill read a second time.
Council in Committee on the Bill.
On Council resuming, the Attorney General reported that the Bill had passed through Committee without amendment and moved that it be read a third time.
The Colonial Secretary seconded.
Question-put and agreed to.
Bill read a third time and passed.
ADJOURNMENT.
10. The Council then adjourned sine die.
Confirmed this 14th day of December, 1933.
H. R. BUTTERS,
Deputy Clerk of Councils,
W. PEEL,
Governor.
No. 801.-His Excellency the Governor has given his assent, in the name and on behalf of His Majesty the KING, to the following Ordinance passed by the Legislative Council:-
Ordinance No. 26 of 1933.--An Ordinance to amend further the Summary
Offences Ordinance, 1933.
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