The Hongkong and Shanghai Banking Corporation.
[CAP. 70
contracts;
(25) to enter into all such negotiations and contracts for to make purchase, sale or otherwise, and rescind and vary all such contracts, execute and do all such acts, deeds and things in the name and on behalf of the bank as the board may consider expedient for or in relation to any of the matters aforesaid, or otherwise howsoever for the purposes of the bank;
(26) to sell, improve, manage, let or turn to account all or any part or parts of the land, houses and premises, property, rights, privileges, concessions and things of the bank;
to deal with property of the bank;
money.
(27) to lend, advance money and act as agents for any loan and to furnish and provide deposits, guarantee funds and guarantees and subscribe for and deal in Government shares and loans, stocks, shares, bonds, mortgages, obligations and securities in the manner mentioned in these regulations.
Board minute book.
minute book.
110. A book shall be provided and kept under the superintendence of the board; and a true and faithful record of the proceedings at every board meeting shall be entered therein, and shall be read at the next board meeting as the first business thereat after the chair is taken and, being then found or made correct, shall be signed by the chairman thereat.
board meeting.
unimpeachable.
for appearing.
111. The proceedings of any board meeting so recorded and signed shall not be impeached by reason of such meeting, or the business recorded as transacted thereat, not having been notified, or having been in any respect insufficiently or improperly notified to the directors; or by reason that any director whose name appears recorded as present thereat was not qualified; or by reason of any other irregularity, unless the same appears on such record.
112. Every entry in the said minute book, purporting to be the record of the proceedings of any board meeting and to be so signed, shall be acknowledged and received by and between the shareholders and their representatives as prima facie evidence that the proceedings so recorded did actually take place at the board meeting at which by such record they are stated to have taken place; and that the director or
385
Entries in minute book prima facie evidence.
Page 40
Page 41
The Hongkong and Shanghai Banking Corporation.
[CAP. 70
contracts;
(25) to enter into all such negotiations and contracts for to make purchase, sale or otherwise, and rescind and vary all such contracts, execute and do all such acts, deeds and things in the name and on behalf of the bank as the board may con- sider expedient for or in relation to any of the matters afore- said, or otherwise howsoever for the purposes of the bank;
(26) to sell, improve, manage, let or turn to account all or any part or parts of the land, houses and premises, property, rights, privileges, concessions and things of the bank;
to deal property of
with
the bank;
money.
(27) to lend, advance money and act as agents for any to lend loan and to furnish and provide deposits, guarantee funds and guarantees and subscribe for and deal in Government shares and loans, stocks, shares, bonds, mortgages, obliga- tions and securities in the manner mentioned in these regulations.
Board minute book.
minute book.
110. A book shall be provided and kept under the super- Entries in intendence of the board; and a true and faithful record of the proceedings at every board meeting shall be entered therein, and shall be read at the next board meeting as the first business thereat after the chair is taken and, being then found or made correct, shall be signed by the chairman thereat.
board
unimpeach-
for
appearing
111. The proceedings of any board meeting so recorded Record of and signed shall not be impeached by reason of such board meeting meeting, or the business recorded as transacted thereat, not able except having been notified, or having been in any respect in- irregularity sufficiently or improperly notified to the directors; or by on record. reason that any director whose name appears recorded as present thereat was not qualified; or by reason of any other irregularity, unless the same appears on such record.
112. Every entry in the said minute book, purporting to be the record of the proceedings of any board meeting and to be so signed, shall be acknowledged and received by and between the shareholders and their representatives as prima facie evidence that the proceedings so recorded. did actually take place at the board meeting at which by such record they are stated to have taken place; and that the director or
385
Entries in
minute book
prima facie
evidence.
Page 40Page 41
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