THE BRITISH TRADERS INSURANCE COMPANY LIMITED (CAPITAL CONVERSION) ORDINANCE, 1919
Title
THE BRITISH TRADERS INSURANCE COMPANY LIMITED (CAPITAL CONVERSION) ORDINANCE, 1919
Description
No. 5 of 1919.
An Ordinance to authorise the british Traders Insurance
Company Limited to convert its silver capital into gold.
[11th April, 1919.]
1. This Ordinance may be cited as the British Traders
Insurance Company Limited (Capital Conversion) Ordinance,
1919.
2. In this Ordinance, the conipany means the British
Traders Insurance Company Limited.
The company may at any time by special resolution
convert into gold its silver capital as existing at the date of
the confirmation of such special resolution, and such conver-
sion shall take effect upon such special resolution being
confirmed. Any such conversion may be into such form of
gold currency and at such rate of exchange and -upon such
terms and conditions as may be sanctioned by the special
resolution effecting the conversion.
4. Upon the filing of any such special resolution as is
referred to in section 3, the registrar of Companies shall issue
a fresh certificate of incorporation of the company showing
the capital of the company as affected by such conversion.
Such fresh certificate shall take the place of the original
certificate of incorporation of the company and shall be the
certificate of incorporation of the company.
5. Nothing in this Ordinance shall affect or be deemed to
affect the rights of His Majesty the King His Heirs and
Successors or the rights of any body politic or corporate or
of any other person except such as are mentioned in this
Ordinance and those claiming by, from or under them.
As amended by Law Rev. Ord., 1924.
[Originally No. 5 of 1919. Law Rev. Ord., 1924.] Short title. Interpretation. Power to convert silver capital into gold. Issue of fresh certificate of incorporation. Saving of rights of the Crown and of certain other rights.
Abstract
[Originally No. 5 of 1919. Law Rev. Ord., 1924.] Short title. Interpretation. Power to convert silver capital into gold. Issue of fresh certificate of incorporation. Saving of rights of the Crown and of certain other rights.
Identifier
https://oelawhk.lib.hku.hk/items/show/1321
Edition
1923
Volume
v5
Cap / Ordinance No.
No. 5 of 1919
Number of Pages
1
Files
Collection
Historical Laws of Hong Kong Online
Citation
“THE BRITISH TRADERS INSURANCE COMPANY LIMITED (CAPITAL CONVERSION) ORDINANCE, 1919,” Historical Laws of Hong Kong Online, accessed January 31, 2025, https://oelawhk.lib.hku.hk/items/show/1321.
