212728-1934-Supplementary-Draft-Bills--Exchanges-Trustee-Defence-Contribution-Amendment-Births-and-Deaths-Registration — Page 37

c./. Ordin- ance No. 39 of 1932,

8. 348.

492

(f) to be the custodian on such terms as are agreed upon of any moneys, securities, jewellery, plate or other valuable property and of papers, documents, deeds, wills, de- bentures and other evidence of title or in- debtedness;

(g) to receive and manage any sinking, redemp- tion, guarantee or any other special fund or deposit and to act as agent for counter- signing, registering or otherwise ascertaining and certifying to the genuineness of any issue of shares, stocks, bonds, debentures or other securities for money of any Government, Municipal or other corporate body or of any association, whether incorporated or not, duly authorised to issue and make such issue and to hold any such securities as agent or trustee and to act generally as agent for any such Government, Municipal or corporate body or association;

(h) to acquire and hold immovable property for the actual use and occupation of the company or any of its officers and servants and to erect, construct, enlarge, alter and maintain any buildings necessary or convenient for the said purposes and to sell or otherwise dispose of any such immovable property if not re- quired for the said purposes;

(i) to hold land which having been mortgaged to the company is acquired by it for the protec- tion of its investments; and from time to time sell, mortgage, lease or otherwise dispose thereof;

(i) to deposit the moneys of the company not im- mediately required with any bank or banks at interest until such moneys can be more permanently invested and to invest the moneys of the company in accordance with the provisions of section 92;

(k) to borrow moneys and secure the repayment thereof with interest in accordance with the provisions of section 94;

(1) to receive and collect such remuneration for its services as is agreed upon or as fixed or allow- ed from time to time by law and all usual and customary charges, costs and expenses.

(m) to support and subscribe to any charitable or public object and any institution, society or club which may be for the benefit of the company or its employees or may be connect- ed with any town or place where the com- pany carries on business; to give pensions, gratuities or charitable aid to any person or persons who may serve or have served the company or to the wives, children or other relatives of such persons; to make payments towards insurance and to form and contribute to provident and benefit funds for the benefit of any persons employed by the company :

Provided that no such subscription, gift, payment or contribution shall be given or made, except out of profits of the company available for distribution as dividend;

(n) to carry on within the limits of the China Order in Council, 1925 (and any Orders amending, read with, auxiliary to or sub- stituted for the same), but not elsewhere outside the Colony, any business or to hold any office which a Trust Company is by this Ordinance authorised to carry on or to hold in the Colony;