Cap. 1011 - China Peniel Missionary Society Incorporation Ordinance

To provide for the incorporation of the President in Hong Kong of the China Peniel Missionary Society. [29 April 1949](Format changes—E.R. 2 of 2023) 1. Short title This Ordinance may be cited as the China Peniel Missionary Society Incorporation Ordinance. 2. Incorporation 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 Hong Kong and shall and may have and use a common seal.(Amended 9 of 1950 Schedule; 32 of 1999 s. 3) 3. Powers of corporation (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. Transfer of property 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. Execution of deeds 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. Appointment of President (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 Chief Executive, furnish to the Chief Executive satisfactory evidence of his appointment.(2) A notification in the Gazette under the hand of the Chief Secretary for Administration that such evidence has been furnished to the Chief Executive by such person shall be conclusive evidence of such appointment. (Amended L.N. 226 of 1976; L.N. 242 of 1994; L.N. 362 of 1997)(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.(Amended 32 of 1999 s. 3) 7. Saving Nothing in this Ordinance shall affect or be deemed to affect the rights of the Central Authorities or the Government of the Hong Kong Special Administrative Region under the Basic Law and other laws, 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.(Amended 32 of 1999 s. 3)