573342-1930-Ordinances-passed-and-assented-to---Cr — Page 17

Government Gazette 政府憲報 轅門報 All

THE HONG KONG GOVERNMENT GAZETTE, DECEMBER 12, 1930.

(2) The corporation shall have power, with the consent in writing of the Governor, to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, trans- fer, or otherwise dispose of, or to let or demise for any period exceeding three years, any lands, buildings, messu- ages, or tenements, which are for the time being vested in or belonging to the corporation.

(3) The corporation shall have power to let or demise for any period not exceeding three years, upon such terms as to the corporation may seem fit, any lands, buildings, messuages, or tenements, which are for the time being vested in or belonging to the corporation.

(4) The corporation shall have power to sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer, or otherwise dispose of, upon such terms as the corporation may seem fit, any deben- tures, stocks, funds, shares, securities, vessels, or other goods or chattels, which are for the time being vested in or belonging to the corporation.

(5) Subject to the provisions of paragraph (i) of section 4, and of sub-section (2) of this section, with regard to approval and consent the corporation shall have power to do any thing which may lawfully be done in order to carry out any of the objects of the corporation.

(6) In any transaction for which the consent in writing of the Governor is required by the provisions of sub- section (2) the signature of the Governor endorsed on the document or documents by means of which the transaction is affected shall be sufficient evidence that such consent was given.

6. All deeds and other documents requiring the seal Execution of of the corporation shall be sealed with its common seal documents.

in the presence of two Directors and shall also be signed by them, and such signing shall be taken us sufficient evidence of the due sealing of such deeds and other docu- ments.

7-(1) The pieces or parcels of ground specified by Vesting of their respective Land Office register references in the property. First Schedule, together with all buildings erected thereon, First and together with all rights, casements and appurtenances Schedule. belonging or appertaining thereto or therewith usually held, occupied or enjoyed, are hereby transferred to and vested in the corporation, for the unexpired residues of terms granted, and subject to the payment of the rents, or the due proportions of the rents as the case may be, and the performance of the covenants and conditions, reserved by and contained in the respective Crown leases of the said pieces or parcels of ground, so far as the same relate to the said pieces or parcels of ground.

(2) All vessels, goods and chattels, all mortgages, debentures, stocks, funds, shares or securities of any corporation or company, all sums of money and bank balances, and all other rights whatsoever, which were vested in or belonging to The Tung Wah Hospital immedi- ately before the coming into operation of this Ordinance are hereby transferred to and vested in the corporation.

(3) All pieces or parcels of ground which immediately before the coming into operation of this Ordinance were vested in the Tung Wah Hospital subject to any right or equity of redemption, or of which an assignment or intended assignment to the Tung Wah Hospital subject to any right or equity of redemption had been made before the coming into operation of this Ordinance and of which no re-assignment or intended re-assignment had been made by or behalf of the Tang Wah Hospital before the coming into operation of this Ordinance, together with all rights, casements and appurtenances thereto belonging or apper- taining, or therewith usually held, occupied or enjoyed, are hereby transferred to and vested in the corporation, for the unexpired residues of the terms granted, and subject to the payment of the rents, or the due proportion of the rents as the case may be, and the performance of the covenants and conditions reserved by and contained in the respective Crown leases of the said pieces or parcels

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