BASEL EVANGELICAL MISSIONARY SOCIETY INCORPORATION ORDINANCE

BASEL EVANGELICAL MISSIONARY SOCIETY INCORPORATION ORDINANCE

CHAPTER 265.

BASEL EVANGELICAL MISSIONARY SOCIETY.

To Provide for the incorporation of the President in Hong
Kong of the Basel Evangelical Missionary Society.

[17th June, 1927.]

1. This Ordinance may be cited as the Basel Evange-
lical Missionary Society Incorporation Ordinance.

2. The President for the time being in Hong Kong of
the Basel Evangelical Missionary Society shall be a corpora-
tion sole, hereinafter called the corporation, and shall have
the name of 'The President in Hong Kong of the Basel
Evangelical Missionary Society' and by that narne shall and
may sue and be sued in all courts in this Colony and shall
and may have and use a common seal.

3. (1) Subject to the provisions of subsection (2), the
corporation shall have power to acquire, accept leases of,
purchase, take, hold and enjoy any lands, buildings,
messuages or tenements of what nature or kind soever and
wheresoever situated, and also to invest moneys upon
mortgage of any lands, buildings, messuages or tenements,
or upon the mortgages, debentures, stocks, funds, shares or
securities of any government, municipality, corporation or
company, and also to purchase, acquire and possess goods
and chattels of what nature and kind soever.

(2) Notwithstanding the provisions of subsection (1), the
corporation shall not acquire any immovable property in the
Colony unless it has previously obtained the special consent
of the Governor in Council in each case.

(3) The corporation shall further have power by deed
under its seal to grant, sell, convey, assign, surrender,
exchange, partition, yield up, mortgage, demise, reassign,
transfer or otherwise dispose of any lands, buildings,
messuages, tenements, mortgages, debentures, stocks,
funds, shares or securities, or other goods and chattels what-
soever, which are for the time being vested in or belonging
to the corporation, upon such terms as to the corporation
may seem fit.





4. The legal estate in any property whatsoever, trans-
ferred to the corporation in any manner whatsoever, shall, in
the event of the death of the President for the time being in
Hong Kong of the Basel Evangelical Missionary Society or
in the event of his ceasing to hold office as such President,
pass to his successor in such office when appointed.

5. All deeds and other instruments requiring the seal
of the corporation shall be sealed in the presence of the
person who is for the time being President in Hong Kong
of the Basel Evangelical Missionary Society or of his attorney
duly authorized, and such deeds and instruments and all
other documents, instruments and writings requiring the
signature of the corporation shall be signed by such President
or his attorney.

6. (1) Whenever any person is appointed to the office
of President in Hong Kong of the Basel Evangelical
Missionary Society that person shall, within three weeks
after his appointment or within such further time as may be
allowed by the Governor, furnish to the Governor satisfactory
evidence of his appointment.

(2) A notification in the Gazette under the hand of the
Colonial Secretary that such evidence has been furnished to
the Governor by such person shall be conclusive evidence of
such appointment.

7. Nothing in this Ordinance shall affect or be deemed
to affect the rights of His 1Majesty the King, His Heirs or
Successors, or the rights of any body politic or corporate or
of any other persons except such as are mentioned in this
Ordinance and those claiming by, from or under them. [8
Originally 5 of 1927. Fraser. 5 of 1927. Short title. Incorporation of the President in Hong Kong of the Basel Evangelical Missionary Society. Powers of corporation. Property transferred to corporation to pass to successors. Execution of documents. Appointment of President. Saving.

Originally 5 of 1927. Fraser. 5 of 1927. Short title. Incorporation of the President in Hong Kong of the Basel Evangelical Missionary Society. Powers of corporation. Property transferred to corporation to pass to successors. Execution of documents. Appointment of President. Saving.

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