Sessional_Paper_1907 — Page 20

Mr. HEWETT addressed the Council.

Question-put and agreed to.

Bill read a first time.

HONGKONG AND SHANGHAI BANKING CORPORATION BILL-Mr. KESWICK addressed the Council and moved the second reading of the Bill entitled An Ordinance to authorise the Hongkong and Shanghai Banking Corporation from time to time to increase the Capital of the said Corporation from the sum of Ten Millions of Dollars to a sum not exceeding the sum of Twenty Millions of Dollars; and to continue incorporated for a further term of 21 years; and to continue in force for a further period of 21 years the provisions of Section 3 of the Hongkong and Shanghai Banking Corporation Ordinance, 1899, with regard to the Excess Issue of Bills and Notes payable to bearer on demand.

The Colonial Secretary seconded.

Question-put and agreed to.

Bill read a second time.

Council in Committee on the Bill.

Council resumed, and Bill reported without amendment.

Mr. KESWICK moved that the Bill be read a third time.

The Colonial Secretary seconded.

Question-put and agreed to.

Bill read a third time.

Question put-that this Bill do pass.

Bill passed.

NEDERLANDSCH-INDISCHE HANDELSBANK BILL-The Attorney General moved the first reading of a Bill entitled An Ordinance for giving to a Foreign Company called the Nederlandsch-Indische Handelsbank certain facilities for carrying on its business in the

Colony.

The Colonial Secretary seconded.

Question-put and agreed to.

Bill read a first time.

BILLS OF EXCHANGE (AMENDMENT) BILL.-The Attorney General moved the third reading of the Bill entitled An Ordinance to amend the Law relating to Bills of Exchange.

The Colonial Secretary seconded.

Question-put and agreed to.

Bill read a third time.

Question put-that this Bill do pass.

Bill passed.

ADJOURNMENT.-The Council then adjourned until Thursday, the 20th June, 1907.

F. H. MAY,

Officer Administering the Government.

Read and confirmed, this 20th day of June, 1907.

A. G. M. FLETCHER,

Clerk of Councils,