566989-1929-Supplementary-Bill-read-a-first-time---Hongkong-and-Shanghai-Bank — Page 1

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LEGISLATIVE COUNCIL.

No. S. 143.-The following Bill was read a first time at a meeting of the Council held on the 2nd May, 1929-

[No. 34-20.12.28.-1.]

A BILL

INTITULED

Short title.

Interpreta- tion.

An Ordinance to amend the constitution of the Hongkong and Shanghai Banking Corpora- tion.

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 Hongkong and Shanghai Bank Ordinance, 1929.

2. In this Ordinance,

(a) "Auditor" means auditor of the Bank.

(7) "Bank" means the "Hongkong and Shanghai

Banking Corporation".

(e) "Board" means Board of Directors and (if the context so requires) means the Directors assem- bled at a meeting of the Board.

(d) "Capital" means the share capital for the time

being of the Bank,

(e) "Chairman means the Chairman or his Deputy presiding at any meeting of shareholders or of the Board.

""

(f) Chief Accountant means the person for the time being performing the duties of Chief Ac- countant of the Bank at the Head Office.

(g)

"Chief Manager

means the person for the time being performing the duties of Chief Manager of the Bank.

(h) **Directors" meau the Directors for the time being of the Bank or (if the context so requires) Directors present aud voting at a meeting of the. Board.

(i)

“Dividend " includes any interim dividend, bonus, or profits on any share.

()

"Dollar" means dollar in Hong Kong currency

(k) "General meeting" means a general meeting of

shareholders.

(7) Head Office” means the principal place of business in the Colony for the time being of the Bank.

(m)

Incapacitated Shareholder" meaus a share- holder being an infant, 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.

if

(n) "Ordinance ” or the Ordinance"

Ordinance.

means this