241885-1937-Supplementary-Bills-read-a-first-time--Sterling-Salaries-Conversion-Public-Officers-Changes-of-Style--Interpretation-Amendment-Law-Revision-Irish-Province-of-the-Order-of-Franciscans-Minor-Incorporation — Page 46

919

A BILL

INTITULED

[No. 31-14.11.37.—1.]

An Ordinance to provide for the incorporation of the Pro- curator in Hongkong of the Irish Province of the Order of Franciscans Minor.

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 Irish Province Short title. of the Order of Franciscans Minor Incorporation Ordinance, 1937.

tion.

2. The Procurator for the time being in the Colony of Incorpora- Hongkong of the Irish Province of the Order of Franciscans Minor shall be a corporation sole (hereinafter called the corporation) and shall have the name of "The Procurator in Hongkong of the Irish Province of the Order of Franciscans Minor" 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.

Corpora-

3. (1) Subject to the provisions of sub-section (2) the Power of corporation shall have power to acquire, accept leases of, tion. purchase, take, hold and enjoy any lands, buildings, messuages or tenements of what nature or kind so ever and wheresoever situated, and also to invest moneys upon mortgage of any lands, buildings, messuages 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

so ever.

(2) Notwithstanding the provisions of sub-section (1) the corporation shall not acquire any immoveable 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, messuages, tenements, mortgages, debentures, stocks, funds, shares. or securities, or vessels or other goods and chattels which are for the time being vested in or belonging to the corporation, upon such terms as to the corporation may seem

fit.

transferred

to cor-

4. The legal estate in any property whatsoever trans- Property ferred to the corporation in any manner whatsoever shall, in the event of the death of the Procurator for the time being poration to

pass to in Hongkong of the Irish Province of the Order of Fran- ciscans Minor, or in the event of his ceasing to hold office as such Procurator, pass to his successor in such office when -appointed.

successors.