Use of seal,
Vesting of certain property.
By-laws.
Saving of the rights of the Crown and of certain other
persons,
922
vas (4) All deeds and other documents requiring the seal of the Corporation shall be sealed with such seal in the presence of the Headmaster of Queen's College and shall be signed by him.
6. All those stocks or shares of Hong Kong companies which are at present registered in the name of the Trustees of the Morrison Scholarship Fund or other like name, and all moneys deposited in any bank in the name of the said Fund, are hereby transferred to and vested in the Corporation.
7.--(1) The Corporation may from time to time with the approval of the Governor in Council frame, and from time to time with the approval of the Governor in Council alter, by-laws for its internal management and control, and all such by-laws when so approved as aforesaid and agreed upon by the Corporation shall be binding on every member thereof.
(2) Amendments to the by-laws shall be made by the Trustees in general meeting and at least fourteen clear days notice in writing of any resolution to effect any such amend- ment shall be given to each of the Trustees.
(3) A copy of the by-laws certified as correct by two of the Trustees and sealed with the common seal of the Corporation shall be deposited and filed with the Registrar of Companies, and whenever such by-laws are altered a copy thereof as altered, certified as aforesaid, shall also be forth- with deposited and filed with the said Registrar.
(4) The first by-laws shall be those contained in the Schedule.
8. Nothing in this Ordinance shall affect or be deemed to affect the right of His Majesty the King, His Heirs or Successors, or the rights of any body politic or corporate or of any other person except such as are mentioned in this Ordinance and those claiming by, from or under them.
Di
SCHEDULE.
BY-LAWS.
Constitution.
1. The Fund shall be known as "The Morrison Scholarships Fund".
2. The Fund shall consist of the fund in the hands of the Trustees at the commencement of this Ordinance, and the property, monies and investments for the time being and from time to time representing the same, including any contributions, additions and accumulations thereto as may be made or accrue.
Object.
8. The object of the Fund is to provide and endow Scholarships for boys at Queen's College, Hong Kong, without distinction of class or nationality.
Government.
4. The government of the Fund shall be in the hands of the Trustees, of whom the Headmaster of Queen's College for the time being shall be the Chairman.
No comments yet.
Private notes are available after approval.