6741-1907-Ordinance-passed-and-assented-to--Nederlandsche-Handel-Maatschappij — Page 2

930 THE HONGKONG GOVERNMENT GAZETTE, JULY 26, 1907.

Preamble.

Short title.

Company may take bold and dispose of property of every kind.

Company may sue and be sued un- der its name.

Deeds signed

by Manager to be as valid as if under

common seal of Company.

Manager to have an office in Hongkong.

Manager to

rial to be

HONGKONG,

No. 10 OF 1907.

An Ordinance for giving to a Foreign Company called the Nederlandsche Handel-Maatschappij certain facilities for carrying on its business in the Colony.

LS

F. H. MAY,

Officer Administering the Government.

[24th July, 1907.]

WHEREAS & Company has been incorporated in the Netherlands for the transaction of trading banking and financial business under the name of the Nederlandsche Handel-Maatschappij under Royal Decrees of the late King of the Netherlands whereby the liability of the shareholders is limited to the amount of their shares respectively: And Whereas an agency of the said Company has been established in this Colony: And Whereas it appears that the said Company has in accordance with the law of the Netherlands no common seal and is therefore unable to exercise divers of the powers which corporations having common seals can and may exercise: And Whereas it is expedient to enable the said Company to carry on its business in the Colony in like manner as though it had been incorporated under the law of this Colony:

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 Nederlandsche Handel-Maatschappij Ordinance, 1907.”

2. The said Company shall be capable in law to take hold and dispose of property moveable or immoveable with- in the Colony for the purpose of its business.

3.-(1) The said Company may sue and be sued and take all legal proceedings in any of the Courts of the Colony by the name of the Nederlandsche Handel-Maatschappij.

(2.) All writs of summons notices and legal process may be served on the said Company by being left at the office in Hongkong hereinafter mentioned or at any other office in the Colony where the business of the said Company shall in the future be carried on.

4.-(1.) All conveyances powers of attorney deeds and other instruments of whatsoever nature which if the said Company were an English Corporation would require to be sealed with the Common Seal of the said Corporation shall be valid and effectual for all purposes if the same be executed and signed in the name or on behalf of the said Company under the hand and seal of the Manager for the time being of the said Company's agency in Hongkong.

(2.) Nothing in this section shall render invalid any other mode of execution which may for the time being be prescribed by the statutes of the said Company and which would be valid by the law of the Colony had this Ordinance not been passed.

5. The Manager of the agency in Hongkong of the said Company shall have an office in Hongkong for the trans- action of the business of the Company on the outside of which shall be kept painted and affixed in a conspicuous position in letters easily legible the name of the said Company.

6.-(1) Such Manager shall cause a memorial in the cause memo- form and to the effect set forth in Schedule A or as near thereto as the circumstances of the case will admit verified by a Statutory Delaration in writing to be filed in the office of the Registrar of Companies in Hongkong.

filed with

Registrar of

Companies.