38553-1914-Supplementary-Advertisements — Page 1

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TO ALL TO WHOM IT MAY CONCERN, Notice is hereby given that as Solicitors for and on behalf of THE HONGKONG AND SHANGHAI BANKING CORPORATION it is our intention to apply to the Legislative Council of Hongkong for leave to introduce a Bill entitled An Ordinance to amend the Hongkong and Shanghai Bank Ordinance, 1866 ". The pro- posed Bill is printed hereunder.

Dated the 29th July, 1914.

JOHNSON, STOKES AND MASTER,

Solicitors for and on behalf of

The Hongkong and Shanghai Banking Corporation.

A BILL

ENTITLED

An Ordinance to amend the Hongkong and

Shanghai Bank Ordinance, 1866.

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 Hongkong Short title. and Shanghai Bank Amendment Ordinance and shall be read and construed as one with the Hongkong and Shanghai Bank Ordinance, 1866, (hereinafter referred to as the Principal Ordinance) and the Principal Ordinance and this Ordinance may be cited together as the Hong- kong and Shanghai Bank Ordinances, 1866 and 1914.

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No. 2 of 1866.

2. Section 20 of the Principal Ordinance is hereby Amendment amended by the deletion of the words "to take and accept of section 20 'any lands, houses, or other real or personal property of Ordinance

in "satisfaction, liquidation, or payment of any debt absolutely "and bonâ fide previously due and owing to the company, "and also to take any mortgage or other lien or charge on "real or personal property as a security for any monies "actually and bonâ fide previously due to the company or "for which any person may have rendered himself liable "to the company, and to hold such lands, houses and "other real and personal property respectively for such "reasonable time as may be necessary for selling and dis-

posing of and converting the same into money

" and by

“

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the substitution therefor of the following words :-" to "take, accept, enforce, release, realise or deal with any security now held or which may hereafter be held by the company for any moneys owing or to become owing to "the company, or for any liabilities incurred or to be "incurred towards or by the company by way of mortgage, 'pledge, hypothecation, deposit or otherwise howsoever of

every kind of property or rights".

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