27832-1912-Supplementary-Bills-read-a-first-time--Supplementary-Appropriation — Page 1

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LEGISLATIVE COUNCIL.

No. S. 141.-The following Bills were read a first time at a Meeting of the Council held on the 2nd May, 1912 :-

A BILL

ENTITLED

An Ordinance to authorize the Appropriation of a Supplementary Sum of One hundred and sixty-three thousand eight hundred and ninety- six Dollars and ninety-three Cents, to defray the Charges of the Year 1911.

WHEREAS it has become necessary to make further pro- vision for the public service of the Colony for the year 1911, in addition to the charge upon the revenue of the Colony for the service of the said year already provided

for:

Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-

A sum of One hundred and sixty-three thousand eight hundred and ninety-six Dollars and ninety-three Cents, is hereby charged upon the revenue of the Colony for the service of the year 1911, the said sum so charged being expended as hereinafter specified; that is to say :—

Governor,

Registrar General's Department, Treasury,

Observatory,

Miscellaneous Services,

$ 1,173.75 4,671.74 2,663.16

402.02

33,884.29

Public Works, Recurrent,

70,740.80

Kowloon-Cauton Railway,

50,361.17

Total, -

$163,896.93

A BILL

Short title.

Interpreta- tion of

terms.

ENTITLED

An Ordinance to establish Limited Partnerships.

Be it enacted by the Governor of Hongkong, with the advice and consent of the Legislative Council thereof, as follows:-

1. This Ordinance may be cited as the Limited Part- nerships Ordinance, 1912, and shall apply only to such partnerships carrying on business in the Colony as in the opinion of the Registrar of Companies can properly be described as Non-Chinese Partnerships.

9. In the construction of this Ordinance the following words and expressions shall have the meanings respectively 7 d. 7 c. 24 assigned to them in this section, unless there be something

in the subject or context repugnant to such construction :-

s. 3.

Ordinance

No. 1 of 1897.

Ordinance

No. 58 of 1911.

Definition

and con- stitntion of limited partnership. 7 Ed. 7 c. 24

4.

"Firm", "firm name", and "business" have the same meanings as in the Partnership Ordinance, 1897.

General Partner" shall mean any partner who is not

a limited partner as defined by this Ordinance.

officer

Registrar of Companies" shall mean the appointed for the registration of companies under the Companies Ordinance, 1911.

"The Court" shall mean the Supreme Court.

3.-(1.) From and after the commencement of this Ordinance limited partnerships may be formed in the man- uer and subject to the conditions by this Ordinance pro- vided.

(2.) A limited partnership shall not consist, in the case of a partnership carrying on the business of banking, of more than twenty persons, and, in the case of any other part-