CHINA PENIEL MISSIONARY SOCIETY INCORPORATION ORDINANCE

CHINA PENIEL MISSIONARY SOCIETY INCORPORATION ORDINANCE

LAWS OF HONG KONG

CHINA PENIEL MISSIONARY SOCIETY INCORPORATION

ORDINANCE

CHAPTER 1011





CHAPTER 1011.

CHINA PENIEL MISSIONARY SOCIETY
INCORPORATION.

To provide for the incorporation of the President in Hong Kong of the
China Peniel Missionary Society.

[29th April, 1949.]

1. This Ordinance may be cited as the China Peniel Missionary
Society Incorporation Ordinance.

2. The President for the time being in Hong Kong of the China
Peniel Missionary Society shall be a corporation sole, hereinafter called
the corporation, and shall have the name of The President in Hong
Kong of the China Peniel Missionary Society Incorporated', and by
that name shall and may sue and be sued in all courts in the Colony and
shall and may have and use a common seal. (Amended, 9 of 1950,
Schedule)

3. (1) 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 situate, and
also to invest monies 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) 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 whatsoever,
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, transferred to the
corporation in any manner whatsoever, shall in the event of death of the
President for the time being in Hong Kong of the China Peniel
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 China Peniel





Missionary Society or of his attorney, duly authorized, and such
deeds and 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 China Peniel 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.

(3), The appointment of a new President, in the event of
death or for any other reason, shall be made by the majority vote
of the four directors of the corporation in Hong Kong. -

7. Nothing in this Ordinance shall affect or be deemed to
affect the rights of Her Majesty the Queen, Her Heirs or Suc-
cessors, 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 18 of 1949. (Cap. 274, 1950.) 9 of 1950. Short title. Incorporation. Powers of corporation. Transfer of property. Execution of deeds. Appointment of President. Saving.

Originally 18 of 1949. (Cap. 274, 1950.) 9 of 1950. Short title. Incorporation. Powers of corporation. Transfer of property. Execution of deeds. Appointment of President. Saving.

https://oelawhk.lib.hku.hk/items/show/3477

1964

v26

1011

3