6530-1907-Bills-read-a-first-time--Supplementary-Appropriation — Page 5

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THE HONGKONG GOVERNMENT GAZETTE, MAY 17, 1907.

A BILL

ENTITLED

An Ordinance for the incorporation of the

Hongkong College of Medicine.

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 Hongkong College of Medicine Incorporation Ordinance 1907.

2. The Hongkong College of Medicine shall be a body corporate (hereinafter called "the said Corporation") and by that name shall have perpetual succession and shall and may sue and be sued in all Courts of Justice and before all Magistrates in this Colony; and shall and may have and use a Common Seal and the said Seal may from time to time break change alter and make anew as to the said Corporation may seem fit and the said Corporation shall have full 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 situate in this Colony or elsewhere; and also to invest moneys on deposit in any bank or banks in this Colony, or on Mortgage of any lands buildings messages or tenements in this Colony or elsewhere or in or upon the Mortgages debentures stocks funds shares or securities of any Corporation or Company carrying on business in this Colony or elsewhere; and also to purchase and acquire all manner of goods and chattels whatsoever; and the said Corporation is hereby further empowered from time to time by deed or deeds under Seal to grant sell convey assign surrender and yield up, mortgage demise reassign transfer or otherwise dispose of any lands buildings messuages and tenements mortgages debentures stocks funds and securities goods and chattels by this Ordinance vested or that may hereafter be vested in the said Corporation on such terms as to the said Corporation may seem fit.

3. The lands buildings messuages and tenements in this Colony vested or purporting to be vested in the Hongkong College of Medicine and all moneys, securities for money goods chattels and effects whatsoever the property of the Hongkong College of Medicine or purporting so to be, are hereby transferred to and vested in the said Corporation but subject as regards the said lands buildings messuages and tenements to the payment of the rents and observance and perforinance of all the covenants couditions and reservations contained in the Crown Leases under which the same are now or may hereafter be respectively held.

4. All deeds documents and other instruments requiring the Seal of the said Corporation shall be sealed with the Seal of the said Corporation in the presence of and shall also be signed by the Rector or during his absence the Rector's Assessor and by the Secretary and such siguing shall be taken as sufficient evidence of the due sealing of such deeds documents and other instruments,

5. Nothing in this Ordinance shall affect or be deemed to affect the right of His Majesty the King his heirs or successors or of any bodies politic corporate or other persons except such as are mentioned in this Ordinance and those elaiming by from or under them.