562838-1929-Ordinance-passed-and-assented-to---Hongkong-and-Shanghai-Bank--No-6-of-1929 — Page 43

232

Paragraph

of

Regulations.

THE HONG KONG GOVERNMENT GAZETTE, MAY 17, 1929.

TABLE OF CORRESPONDENCE

BETWEEN

REGULATIONS AND THE EXISTING DEED OF SETTLEMENT

Articles of Existing Deed of Settlement.

Remarks.

1

Article 1.

2

Article 6.

3

Article 12 (first 8 lines) plus modern forms in Palmer's Company Pre- cedents, which Bank requires.

No corresponding Provision.

4

5

Article 29.

Places of Business.

Article 16.

6

Regulation 1 provides for the Re- gulations being construed by the law of Hongkong.

Regulation 3 has been expanded so as to meet all possible require- ments of modern banking, finance, and commerce.

Usual Precedent.

Regulation 5 contains the usual pro- hibition against buying or lending on its own shares.

Regulation 6 provides, as heretofore, for the Head Office being in Hong- kong.

Article 17.

7

00

Article-18.

Increase of Capital.

9

(Compare Articles 20, 23, 24 and

26).

Usual Precedent.

Shares-Miscellaneous Provisions.

10 (1) Articles 21 and 22.

(2) Last 6 words of Article 27.

(3)

(4) Article 60.

(5)| Articles 65 and 66.

Certificates for Shares.

11

Article 30.

Usual Precedent.

"Incapacitated shareholder" is de- fined in Section 2 of the Ordinance.

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