The Hongkong and Shanghai Banking Corporation.
charges and other securities of the bank's property and on the bank's property and assets (present and future) as the board may think fit; and any such instrument may contain a power of sale and such other power, covenants and provisions as may be agreed on;
1
[CAP. 70
commissions;
(16) to give to any chief manager, director or officer or to any other person employed by the bank a commission on the profits of any particular business or transaction, or a share in the general profits of the bank, such commission or share of profits to be treated as part of the working expenses of the bank, and to pay commission and make allowance to any person introducing business to the bank or otherwise promoting the interests thereof;
books for
business;
(17) to provide sufficient and proper books distinguished to keep by such names as the directors shall prescribe, which shall be kept under the superintendence of the directors, in which full and sufficient entries shall be made of all payments, liabilities, receipts and credits of or on account of the bank and its customers, and all matters properly the subject of debt and credit, account, receipt or payment, in which the bank may be interested, so that the financial state of the bank may at all times appear in and from such books as accurately and clearly as circumstances permit;
returns:
(18) from time to time, if and whenever the board may be required so to do by the Governor of the Colony, to produce and submit to him or to such persons or officers as he may appoint for the purpose, for his or their inspection or examination, the several accounts and statements which by these regulations are required to be made and furnished to the shareholders;
to have control of
bank; to authorize
persons to give receipts,
(19) from time to time, as the board may think fit, to direct, control and provide for the receipt, custody and issue, investment, management, remittance and expenditure of the moneys and funds of the bank, and from time to time determine who shall make and give receipts, releases and other discharges for and on behalf of the bank for money payable to the bank and for the claims and demands of the bank;
etc.. for the
(20) from time to time to determine who shall be entitled to accept, indorse, sign and execute on the bank's behalf bills, acceptances...
Page 383
The Hongkong and Shanghai Banking Corporation.
charges and other securities of the bank's property and on the bank's property and assets (present and future) as the board may think fit; and any such instrument may contain a power of sale and such other power, covenants and pro- visions as may be agreed on;
1
[CAP. 70
commissions;
(16) to give to any chief manager, director or officer or to give other person employed by the bank a commission on the profits of any particular business or transaction, or a share in the general profits of the bank, such commission or share of profits to be treated as part of the working expenses of the bank, and to pay commission and make allowance to any person introducing business to the bank or otherwise promoting the interests thereof;
books for
business;
(17) to provide sufficient and proper books distinguished to keep by such names as the directors shall prescribe, which shall bank's be kept under the superintendence of the directors, in which full and sufficient entries shall be made of all payments, liabilities, receipts and credits of or on account of the bank and its customers, and all matters properly the subject of debt and credit, account, receipt or payment, in which the bank may be interested, so that the financial state of the bank may at all times appear in and from such books as accurately and clearly as circumstances permit;
returns:
(18) from time to time, if and whenever the board may to furnish be required so to do by the Governor of the Colony, to produce and submit to him or to such persons or officers as he may appoint for the purpose, for his or their inspection or examination, the several accounts and statements which by these regulations are required to be made and furnished to the shareholders;
to have funds of authorize
control of
bank; to
persons to
(19) from time to time, as the board may think fit, to direct, control and provide for the receipt, custody and issue, investment, management, remittance and expenditure of the moneys and funds of the bank, and from time to time deter- give receipts, mine who shall make and give receipts, releases and other bank: discharges for and on behalf of the bank for money payable to the bank and for the claims and demands of the bank;
etc.. for the
(20) from time to time to determine who shall be entitled to authorize to accept, indorse, sign and execute on the bank's behalf bills
acceptances
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