Power to acquire and hold property.
Power to dispose of property.
Vesting in Corporation of lands &c. Dow vested
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5. The Corporation shall have power to acquire, accept leases of, purchase, take, hold and enjoy any lands, build- ings, 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 tenements, or upon the mortgages, debentures, stocks, funds, shares or securities of any corporation or company, and also to purchase, acquire and possess steam-launches, boats and other goods and chattels of what nature and kind
soever.
6. The Corporation sball further have power by deed under its seal to grant, sell, convey, assign, surrender, exchange, partition, yield up, mortgage, demise, reassigu. transfer or otherwise dispose of any lands, buildings, messuages, tenements, mortgages, debentures, stocks, funds shares or securities, steam-launches, boats 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.
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7. The leasehold premises situate, lying and being within this Colony and known as Kowloon Inland Lot No. 632 with the erections and buildings thereon and the in Trustees. appurtenances thereto now vested or purporting to be vested in the Right Reverend John Shaw Burdon, Doctor of Divinity, Bishop of the Church of England, residing and officiating in Hongkong, William Dawson, Commander in the Royal Navy, Secretary of the Mission to Seamen's Society, 11, Buckingham Street, Strand, in the County of Middlesex, England, and the Reverend Alfred Gurney Goldsmith, Master of Arts, Chaplain to Seamen in the Port of Hongkong, Trustees of the Kowloon Institute for Seamen and Soldiers, and the leasehold premises situate, lying and being within the Colony and known as Marine Lot No. 295 with the erections and buildings thereon and the appurtenances thereto now vested or purporting to be vested in the Right Reverend Gerard Heath Lauder, Doctor of Divinity, Lord Bishop of Victoria, who has declared that he holds the same as Trustee for the Missions to Seamen, and all moneys, securities for money, goods, chattels and effects whatsoever within this Colony, the property of the Trustees of the Kowloon Institute for Seamen and Soldiers, or the property of the said Missions to Seamen in Hongkong, or purporting so to be, are hereby transferred to and vested in the Corporation, but subject as regards the said leasehold premises to the payment of the rents and the observance and performance of all the covenants, conditions and reservations contained in the Crown Leases under which the said premises are now or uay hereafter he respectively held.
Power to
• maintain
and carry on Missions.
Use of Seal.
Custody of Seal.
Saving of
Rights of Crown.
8. The Corporation shall have full power and authority generally to maintain and carry on the Missions to Seamen in Hongkong and to decide all matters connected there- with.
9. All deeds, documents and other instruments requiring the seal of the Corporation shall be sealed with the seal of the Corporation in the presence of the Bishop or (in the event of the Bishop being absent from the Colony) of the Chaplain and shall also be signed by the Bishop or in his absence by the Chaplain.
10. The seal shall be kept in the custody of the Bishop or, in his absence from the Colony, by the Chaplain,
11. Nothing herein shall affect or be deemed to affect the rights of His Majesty the King, his heirs or successors or of any bodies politic or corporate, or other persons except such as are mentioned in this Ordinance and those claiming by, from or under them.
Objects and Reasons.
The object of this Bill is to provide for the incorpora- tion of the Missions to Seamen in Hongkong and to vest in such corporation all property of the Missions now held in the names of various trustees some of whom are dead, and to enable the Corporation to manage such property.
30th May, 1919.
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