CHINA FLEET CLUB INCORPORATION ORDINANCE

CHINA FLEET CLUB INCORPORATION ORDINANCE

LAWS OF HONG KONG

CHINA FLEET CLUB INCORPORATION ORDINANCE

CHAPTER 1010





CHAPTER 1010

CHINA FLEET CLUB INCORPORATION

To provide for the incorporation of the Trustees of the China Fleet
Club.

[18th May, 1934.]

1. This Ordinance may be cited as the China Fleet Club
Incorporation Ordinance.

2. (1) The trustees of the China Fleet Club appointed under the
hand of the Captain or other officer in charge of Her Majesty's naval
establishments at Hong Kong shall be a body corporate, hereinafter
called the corporation, and shall have the name of 'The Trustees of the
China Fleet Club', and by that name shall have perpetual succession
and shall and may sue and be sued in all courts and shall and may have
and use a common seal, and may break, change, alter and make anew the
said seal as to the corporation may seem fit. (Amended, L.N. 259/75)

(2) The trustees, whether the first trustees or appointed in
succession, immediate or otherwise, of any of the first trustees shall be
deemed to be the trustees and be members of the corporation upon
notice of their appointment and of the retirement of the retiring trustees,
if any, whom they shall have been appointed to replace, being filed with
the Registrar of Companies.

(3) Any such notice shall be signed by the Captain or other officer
in charge of Her Majesty's naval establishments at Hong Kong
aforesaid. (Amended, L.N. 259/75)

3 (1) The corporation shall have the following powers-

(a) to acquire, lease, hold and enjoy any land or buildings on such
terms as the trustees think fit;

(b) to invest its money-

(i) on deposit at any bank, whether in Hong Kong or
elsewhere; or

(ii) in the stocks, shares, or securities of any corporation
carrying on business either in Hong Kong or elsewhere;

(c) to purchase, hire or acquire any movable property;

(d)to sell, lease or otherwise dispose of, and to charge, any of its
property on such terms as. the trustees think fit;

(e)to develop or turn to account any of its immovable property in
such manner and on such terms as the trustees think fit;

(f)to borrow money for the corporation's purposes and to charge
all or any of its movable or immovable property.





(2) The powers conferred on the corporation by subsection (1) may
be exercised either alone or jointly with one or more other persons.

(Replaced, 24 of 1975, s. 2)

4. All deeds and other instruments requiring the corporate seal of
the corporation shall be sealed with its seal and signed by one of the
trustees.

5. Nothing in this Ordinance shall affect or be deemed to affect the
rights of Her Majesty the Queen, Her 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.
Originally 10 of 1934. (Cap. 273, 1950.) 24 of 1975. L.N. 259/75. Short title. Incorporation. Powers of the corporation. Execution of documents. Saving.

Originally 10 of 1934. (Cap. 273, 1950.) 24 of 1975. L.N. 259/75. Short title. Incorporation. Powers of the corporation. Execution of documents. Saving.

https://oelawhk.lib.hku.hk/items/show/3476

1964

v26

1010

3