CAP. 70]
When vote by proxy or attorney valid though authority revoked or share transferred.
Keeping of minutes; validity of proceedings notwithstanding defects in minutes; entries in minute book as proof of proceedings and of numbers and qualification and votes of shareholders and of identity and qualification of chairman;
The Hongkong and Shanghai Banking Corporation.
82. A vote given in accordance with the terms of an instrument of proxy or of a power of attorney shall be valid notwithstanding the previous death of the principal or the revocation of the proxy or power of attorney or the transfer of the share in respect of which the vote is given, provided that no express notice in writing of the death, revocation or transfer has been received by the bank at the head office before the meeting at which such vote is given.
Minutes of general meetings.
83. (1) The board shall cause minutes to be duly entered in books provided for the purpose of all resolutions and proceedings of general meetings, which minutes shall be signed by the chairman.
(2) The proceedings of any general meeting shall not be impeached by reason of such meeting or the business recorded or transacted thereat not having been notified or having been in any respect insufficiently or improperly notified to the shareholders, or by reason that any person present at such meeting or voting upon any question was not entitled to be present thereat or to vote thereon, or on any ground of objection to the constitution or mode of conducting such meeting or as to the irregularity or impropriety of any proceedings appearing upon such record.
(3) Every entry in the general meetings minute book, purporting to be the record of the proceedings of any general meeting and to be so signed, shall be acknowledged and received by and between the shareholders and their representatives as evidence that the proceedings so recorded did virtually take place at the meeting at which by such record they are stated to have taken place, and that the person or number of persons therein stated to have attended the meeting did in fact attend and were qualified and entitled to attend and act as shareholders thereat, and that the persons therein stated to have voted or whose votes are therein recorded as given upon any question were entitled to vote and did actually vote thereon and in the manner therein appearing: and that the person whose name appears on such record as being the chairman of the meeting, or the chairman of the meeting at which the record was signed, was
372
CAP. 70]
When vote
by proxy or attorney valid though authority revoked
or share transferred.
Keeping of minutes;
validity of proceedings notwith- standing defects in
minutes;
entries in minute book as proof of proceedings and of
numbers and qualification and votes of shareholders and of identity and qualification
of chairman;
The Hongkong and Shanghai Banking Corporation.
82. A vote given. in accordance with the terms of an instrument of proxy or of a power of attorney shall be valid notwithstanding the previous death of the principal or the revocation of the proxy or power of attorney or the transfer of the share in respect of which the vote is given, provided that no express notice in writing of the death, revocation or transfer has been received by the bank at the head office before the meeting at which such vote is given.
Minutes of general meetings.
83. (1) The board shall cause minutes to be duly entered in books provided for the purpose of all resolutions and proceedings of general meetings, which minutes shall be signed by the chairman.
(2) The proceedings of any general meeting shall not be impeached by reason of such meeting or the business recorded or transacted thereat not having been notified or having been in any respect insufficiently or improperly notified to the shareholders, or by reason that any person present at such meeting or voting upon any question was not entitled to be present thereat or to vote thereon, or on any ground of objection to the constitution or mode of conducting such meeting or as to the irregularity or impro- priety of any proceedings appearing upon such record.
(3) Every entry in the general meetings minute book, purporting to be the record of the proceedings of any general meeting and to be so signed, shall be acknowledged and received by and between the shareholders and their represen- tatives as evidence that the proceedings so recorded did virtually take place at the meeting at which by such record they are stated to have taken place, and that the person or number of persons therein stated to have attended the meeting did in fact attend and were qualified and entitled to attend and act as shareholders thereat, and that the persons therein stated to have voted or whose votes are therein recorded as given upon any question were entitled to vote and did actually vote thereon and in the manner therein appearing: and that the person whose name appears on such record as being the chairman of the meeting, or the chairman of the meeting at which the record was signed, was
372
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