566758-1929-Supplementary-Advertisements — Page 3

Incorpora- tion.

New regula tions of the Bank.

302

A

(m) "Incapacitated Shareholder means a share- holder being an infaut, or an idiot or lunatic, or non compos mentis, or a bankrupt or one whose estate shall, by the operation of law, have become vested in any other person or persons in trust for or for the benefit of his creditors.

(n)

"Ordinance Ordinance.

*

;

or "the Ordinance means this

(0) "Ordinary Resolution” means a resolution of a simple majority of shareholders at a general meeting.

(p) "Person"

poration.

includes a firm, company or cor-

"

(7) "Regulations means the regulations of the

Bank for the time being in force.

(r) "Share" means share in the share capital of the

Bank.

(e)

"

"Sharcholder" or "holder of a share or "holder of any share

means every person whose name is entered in any register of shareholders of the Bank as a holder of any share or shares.

(4) "Supreme Court" means the Supreme Court of the Colony and includes any judge or judges thereof, sitting either together or separately, in court or in chambers.

3. The Bank shall continue to be and shall remain incorporated but there shall from henceforth be no limit whatever to the duration of the period of its incorpora-

tiou.

4.-(1) The regulations contained in the Schedule are hereby substituted for and shall replace the Deed of Settle- ment dated the 20th day of July, 1867, and all the articles contained therein aud any amendments thereof, and shall he for all purposes the regulations of the Bank, and this Ordinance and the regulations shall be binding in all respects upon the Bank and upon all persons whatsoever, tions binding whether shareholders or not, and shall regulate the rights on all persons, and liabilities of all the above persons inter se, their heirs,

executors, administrators, assigns or successors.

Ordinance

and regula-

Power to amend regulations.

Proof of regulations.

Objects of the Bank and

business.

(2) At any time and from time to time it shall be law- ful for the shareholders by special resolution to amend the provisions of the regulations, or any of them, provided that no such amendment shall be valid or have any force or effect until the same shall have been approved by the Governor and published in the Gazette. Any such power to amend as aforesaid includes the power to amend, vary, rescind, revoke or suspend any regulation or any part thereof and the power to make any new regulation.

(3) A copy of the regulations and of any such special resolution to amend, purporting to be certified by the Colonial Secretary to be a correct copy, shall be received in all courts of justice, and for all purposes, as valid and sufficient evidence of the contents of the regulations aud of the fact that such regulations have been duly approved and published in the Gazette.

5.-(1) The objects of the Bank shall be the carrying on the business of banking and as ancillary thereto the conduct of its other businesses and objects set forth and contained in regulation No. 3 of the regulations, under the management of the Directors, and the Bank shall be at liberty to con- tiffne, commence, carry on and effect all or any of its objects at any of its establishments, that is to say, at its Head Office and also at its present branches, agencies and sub-agencies and also at any additional branches, agencies and sub-agencies whether in the Colony or elsewhere which may hereafter be established with the consent of the Commissioners for the time being of His Majesty's Treasury (such consent being signified in writing under the hands of the said Commissioners or of any two of them). Provided that the business of the Bank's branches, agen-