HONGKONG AND SHANGHAI BANKING CORPORATION ORDINANCE, 1887
Title
HONGKONG AND SHANGHAI BANKING CORPORATION ORDINANCE, 1887
Description
ORDINANCE No. 5 OF 1887.
Hongkong and Shanghai Banking Corporation
AN ORDINANCE authorizing the Hongkong and Shanghai Banking
Corporation to continue incorporated for the further
Term of Twenty-one Years.
[16th August,1887.]
WHEREAS by section 4 of the Hongkong and Shanghai Banking
Corporation Ordinance,1866, it is provided that the Hongong
and Shanghai Banking Corporation, therein and hereinafter called the
Company, should be established for the purpose of carrying on, under
the management of a Court of Directors, the business of banking for the
term of twenty-one years, commencing from the date of that Ordinance,
in the Colony; and whereas by section 29 of the said Ordinance it was
provided that, on the determination of the said term of twenty-one years,
the powers and prilvileges thereinbefore conferred on the Company should
cease, unless the Governor, with the advice of the Legislative Council,
should declare to the contrary and by an Ordinance to that effect authorize the Company to continue incorporated under the provisions of the said
Ordinance for a further term of ten years or for such period and under
such provisions and conditions as might be contained in the said Ordi-
nance;and whereas the said term of twenty-one years expires on the 14th
day of August,1887;and whereas it is expedient to authorize the Com-
pany to continue incorporated under the provisions of the said Ordinance
for a further term of twenty-one years;
BE it therefore enacted by the Governor of Hongkong,with the adice
of the Legislative Council thereof,as follows:-
1.This Ordinance may be cited as the Hongkong and Shanghai Bank-
ing Corporation Ordinance,1887.
2.The Company shall continue incorporated and shall carry on the
business of banking under the provisions and conditions contained in the
Hongkong and Shanghai Banking Corporation Ordinance,1866,for the
further term of twenty-one years,commencing from the 14th day of
August,1887.
3.This Ordinance and the Hongkong and Shanghai Banking
Corporation Ordinance,1866,shall be read together and construced as one
Ordinance.
A.D. 1887. Ordinance No. 15 of 1887. See Ordinance No. 18 of 1901. No. 2 of 1866. Short title. Continuance for further term of 21 years of the Hongkong and Shanghai Banking Corporation. Construction of the Ordinance.
Hongkong and Shanghai Banking Corporation
AN ORDINANCE authorizing the Hongkong and Shanghai Banking
Corporation to continue incorporated for the further
Term of Twenty-one Years.
[16th August,1887.]
WHEREAS by section 4 of the Hongkong and Shanghai Banking
Corporation Ordinance,1866, it is provided that the Hongong
and Shanghai Banking Corporation, therein and hereinafter called the
Company, should be established for the purpose of carrying on, under
the management of a Court of Directors, the business of banking for the
term of twenty-one years, commencing from the date of that Ordinance,
in the Colony; and whereas by section 29 of the said Ordinance it was
provided that, on the determination of the said term of twenty-one years,
the powers and prilvileges thereinbefore conferred on the Company should
cease, unless the Governor, with the advice of the Legislative Council,
should declare to the contrary and by an Ordinance to that effect authorize the Company to continue incorporated under the provisions of the said
Ordinance for a further term of ten years or for such period and under
such provisions and conditions as might be contained in the said Ordi-
nance;and whereas the said term of twenty-one years expires on the 14th
day of August,1887;and whereas it is expedient to authorize the Com-
pany to continue incorporated under the provisions of the said Ordinance
for a further term of twenty-one years;
BE it therefore enacted by the Governor of Hongkong,with the adice
of the Legislative Council thereof,as follows:-
1.This Ordinance may be cited as the Hongkong and Shanghai Bank-
ing Corporation Ordinance,1887.
2.The Company shall continue incorporated and shall carry on the
business of banking under the provisions and conditions contained in the
Hongkong and Shanghai Banking Corporation Ordinance,1866,for the
further term of twenty-one years,commencing from the 14th day of
August,1887.
3.This Ordinance and the Hongkong and Shanghai Banking
Corporation Ordinance,1866,shall be read together and construced as one
Ordinance.
A.D. 1887. Ordinance No. 15 of 1887. See Ordinance No. 18 of 1901. No. 2 of 1866. Short title. Continuance for further term of 21 years of the Hongkong and Shanghai Banking Corporation. Construction of the Ordinance.
Abstract
A.D. 1887. Ordinance No. 15 of 1887. See Ordinance No. 18 of 1901. No. 2 of 1866. Short title. Continuance for further term of 21 years of the Hongkong and Shanghai Banking Corporation. Construction of the Ordinance.
Identifier
https://oelawhk.lib.hku.hk/items/show/634
Edition
1901
Volume
v1
Cap / Ordinance No.
No. 5 of 1887
Number of Pages
2
Files
Collection
Historical Laws of Hong Kong Online
Citation
“HONGKONG AND SHANGHAI BANKING CORPORATION ORDINANCE, 1887,” Historical Laws of Hong Kong Online, accessed June 4, 2025, https://oelawhk.lib.hku.hk/items/show/634.
