209000-1934-Ordinances-passed-and-assented-to--Dan — Page 10

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THE HONG KONG GOVERNMENT GAZETTE, NOVEMBER 9, 1934.

Notification

(b) Doctor Robert McLean Gibson, Senior missionary in Hong Kong of the London Missionary Society;

(c) The Reverend Enoch Gwyn Powell, minister of the Union Church, Hong Kong,

and their successors in Office for the time being.

(2) In the event of the absence from the Colony of any Trustee the person temporarily fulfilling his duties shall act as a Trustee during his absence.

(3) No act or decision of the Trustees shall be valid unless approved by two Trustees.

(4) If any act be done or discretion be exercised by the majority of the Trustees, or if any instrument be executed in pursuance thereof, no such act, discretion or instrument shall be questioned on the ground that the other Trustee did not concur or join therein, or objected thereto.

3.-(1) All changes in the constitution of the Trustees of change in shall be notified to the Colonial Secretary and published by

him in the Gazette.

Trustees.

Incorpora. tion and general

powers of the Trustees.

Power to acquire property.

(2) No such change shall be deemed to have been made unless it shall have been so published in the Gazette.

(3) The production of a copy of the Gazette containing any such notification shall be prima facie evidence as to the constitution of the Trustees.

(4) The Trustees shall when required by the Governor furnish to him satisfactory proof of the succession of any new Trustee.

4. The Trustees shall be a body corporate (hereinafter called the Corporation) under the name of "The Trustees of the Morrison Scholarships Fund" and by that name shall have perpetual succession and shall and may sue and be sued in all courts and shall and may have and use a common seal and may break, change, alter and make anew the said seal.

5.-(1) Subject to the provisions of sub-section (2) of this section the Corporation shall have power to acquire, accept leases of, purchase, take, hold and enjoy any lands, buildings, messuages or tenements of what nature and kind soever and wheresoever situate, and also to invest moneys upon mortgage of any lands, buildings, messuages or tene- ments, or upon bankers' fixed deposits, or upon the mortgages, debentures, stocks, funds, shares or securities of any Govern- ment, municipality, corporation or company, and also to purchase, acquire, and possess goods and chattels of what nature or kind soever, for the purpose of endowing and main- taining scholarships, to be known as Morrison Scholarships, in Queen's College, Hong Kong.

(2) Notwithstanding the provisions of sub-section (1) of this section the Corporation shall not acquire by lease or purchase any immovable property in the Colony unless it shall previously have obtained the special consent of the Governor in Council in each case.

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