619170-1931-Ordinances-passed-and-assented-to--Sup — Page 7

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THE HONG KONG GOVERNMENT GAZETTE, JULY, 17, 1931.

HONG KONG.

No. 19 or 1931.

I assent.

W. PEEL,

L.S.

Governor.

17th July, 1931.

Short title.

Incorpora- tion.

Powers of corporation.

pass to

An Ordinance to provide for the incorporation of the Hop Yat Tong Church of Christ in Hong Kong.

[17th July, 1931.]

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 Hop Yat Tong Church of Christ Hong Kong Incorporation Ordinance, 1931.

2. The Trustees for the time being of the Hop Yat Tong Church of Christ Hong Kong shall be a corporation sole (hereinafter called the corporation) and shall have the name of "The Trustees of the Hop Yat Tong Church of Christ Hong Kong" and in that name shall have perpetual succession and shall and may sue and be sued in all Courts in the Colony and shall and may have and use a common seal.

3.-(1) The Corporation shall have power to acquire, accept leases of, purchase, take, hold and enjoy any lands buildings messuages or tenements of what nature or kind soever and wheresoever situated and also to invest moneys upon mortgage of any lands buildings messuages or tene- ments, or upon the mortgages, debentures, stocks funds. sbares or securities of any Government, municipality, corporation. company or person, and also to purchase acquire and possess vessels and other goods and chattels of what nature and kind soever.

(2) The corporation shall further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassign, transfer or otherwise dispose of any lands, buildings, messuages, tenements, mortgages, debentures, stocks, funds shares or securities, or vessels or other goods and chattels, which are for the time being vested in or belonging to the corporation, upon such terms as to the corporation may seem fit.

Property 4. The legal estate in any property whatsoever trans- transferred of ferred to the corporation in any manner whatsoever shall corporation to in the event of the death of any of the Trustees for the time being or in the event of any Trustee ceasing to hold office as such Trustee pass to his successor in such office when appointed.

successors.