61343-1919-Ordinance-passed-and-assented-to--Bank-of-Canton-Limited-Capital-Conversion--No-6-of-1919 — Page 2

THE HONGKONG GOVERNMENT GAZETTE, JUNE 6, 1919.

HONGKONG.

No. 6 of 1919.

I assent to this Ordinance.

LS

CLAUD SEVERN,

Officer Administering the Government.

6th June, 1919.

An Ordinance to authorise the Bank of Canton Limited to convert its silver capital into gold.

[6th June, 1919.]

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 Bank of Short title. Canton Limited (Capital Conversion) Ordinance, 1919 ".

2. In this Ordinance "The Company" means The Interpreta- Bank of Canton Limited.

tion.

3. The Company may at any time by special resolu- Power to tion convert into gold its silver capital as existing at convert

silver capital the date of the confirmation of such special resolution into gold. and such conversion shall take effect upon such special resolution being confirmed. Any such conversion inay be into such form of gold currency and at such rate of exchange and upon such terms and conditions as may be sanctioned by the special resolution effecting the con-

version.

ficate of In-

4. Upon the filing of any such special resolution as Issue of is referred to in section 3 of this Ordinance the Registrar fresh Certi- of Companies shall issue a fresh certificate of incorpora- corporation. tion of the Company showing the capital of the Com- pany as affected by such conversion. Such fresh certi- ficate shall take the place of the original certificate of incorporation of the Company and shall be the certificate of incorporation of the Company.

5. Nothing in this Ordinance shall affect or be Saving of the deemed to affect the rights of His Majesty the King, His rights of the

Crown and Heirs and Successors or the rights of any body politic of certain or corporate or of any other person except such as are other rights. mentioned in this Ordinance and those claiming by from and under them.

ment.

6. This Ordinance shall not come into operation until Commence- His Majesty's pleasure shall have been signified by a Government notification of non-disallowance published in the Gazette.

Passed the Legislative Council of Hongkong, this 5th day of June, 1919.

A. D. BALL,

Clerk of Councils.

Assented to by His Excellency the Officer Administer- ing the Government, the 6th day of June, 1919.

A. G. M. FLETCHER, Colonial Secretary.

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