282
THE HONGKONG GOVERNMENT GAZETTE, 28т JULY, 1866.
The Appropriation Bill being in accordance with the foregoing Votes, His Excellency the GOVERNOR puts the Question-That this Bill do pass, and that the Title be-"An Ordinance enacted by the Governor of Hongkong, with the Advice of the Legislative Council thereof, to authorize the Appropriation of a Supplementary Sum not exceeding Two hundred and Sixty-five thousand Dollars to defray the charges of the Year 1865."
Question put and carried, the Ordinance being numbered "No. 4 of 1866."
His Excellency the GOVERNOR then invites the consideration of the Council to a Despatch (No. 40) of the 8th Ultimo, from the Right Honorable the SECRETARY OF STATE FOR THE COLONIES, referring for decision of the Council a Letter from BISHOP SMITH, enquiring whether his Pension would be forfeited permanently by acceptance of Church Preferment.
The subject is discussed, and on reference to the conditions of the Pension agreed to at the Meeting of the Council held on the 13th of September 1864, it is unanimously Resolved- That it is not the desire of this Council that the Bishop's Pension should be forfeited, but that it should simply remain in abeyance pro tanto so long as he holds any Preferment elsewhere, and that the meaning of the word Preferment be left to the Interpretation of the SECRETARY OF STATE when necessary.
His Excellency then adjourns the Council.
RICHARD GRAVES MACDONNELL,
Governor.
Read and confirmed, this 25th Day of July, 1866.
L. D'ALMADA E CASTRO,
Clerk of Councils.
GOVERNMENT NOTIFICATION.
The following Bills, which were read a first time at a Mecting of the Legislative Council held this day, are published for general information.
By Order.
Council Chamber, Hongkong, 25th July, 1866.
Title.
Preamble.
Short Title.
Interpretation of Terms.
Grant of Incorpora-
tion.
L. D'ALMADA E CASTRO,
Clerk of Councils.
An Ordinance enacted by the Governor of Hongkong, with the Advice of the Legislative Council thereof, for the Incorporation of the Hongkong and Shanghae Banking Company.
Whereas the several persons hereinafter named and others have agreed to form a Joint Stock Company under the name or style of "The Hongkong and Shanghae Banking Corporation," for the purpose of carrying on the business of Banking and of conducting all business usually transacted by Bankers: And Whereas for the purpose of establishing and carrying on the said undertaking they have agreed that a Capital of Five Millions of Dollars divided into Forty Thousand Shares of One Hundred and Twenty Five Dollars each shall be raised in the first instance with power to increase such Capital to the extent and in manner hereinafter mentioned: And Whereas for the better accomplishing and carrying into effect the objects and purposes of the said Company they have applied to His Excellency the Governor of Hongkong to grant to them and all other the Subscribers of such Capital an Ordinance of Incorporation, which His said Excellency the Governor has consented and agreed to do, under and subject to the conditions, restrictions, and provisions hereinafter contained: Be it therefore enacted by His said Excellency the Governor of Hongkong, with the Advice of the Legislative Council thereof, as follows:—
I. This Ordinance may be cited for all purposes as "The Hongkong and Shanghae Bank Ordinance."
II. In the interpretation of this Ordinance, the expression "The Governor" shall mean His Excellency the Governor of the Colony of Hongkong, or the Officer for the "The time being administering the Government of the said Colony; and the expression Company" shall mean "The Hongkong and Shanghae Banking Corporation;" and the expression "The Colony" shall mean the Colony of Hongkong and its Dependencies.
III. The Honorable John Dent, the Honorable Thomas Sutherland, Albert Farley Heard, Esquire, George Francis Maclean, Esquire, Douglas Lapraik, Esquire, Woldemar
No comments yet.
Private notes are available after approval.