BANK OF CANTON LIMITED (CAPITAL CONVERSION) ORDINANCE, 1919

BANK OF CANTON LIMITED (CAPITAL CONVERSION) ORDINANCE, 1919

No. 6 of 1919.
An Ordinance to authorlse the Bank of Canton Limited to
convert its silver capital into gold.

[26th Septemiber, 1919.]

1. This Ordinance may be cited as the Bank of Canton
Limited (Capital Conversion) Ordinance, 1919.

2. In this Ordinance, the company means the Bank of
Canton Limited.

3. 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 and under them.
[s. 6, rep. Law Revision Ordinance, 1924.]

No. 7 of 1919, incorporated in No. 7 of- 1896.

No. 8 of 1919, incorporated in No. 2 of 1900.

It was provided in s. 6 that this Ordinance should not come into operation until
His Majesty's non-disallowance should have been notified in the Gazette. See
G. N. No. 444 of 1919.
As amended by Law Rev. Ord., 1924.
[Originally No. 6 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.

[Originally No. 6 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.

https://oelawhk.lib.hku.hk/items/show/1322

1923

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No. 6 of 1919

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