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Articles of Association

Memorandum of Association

The name of the Association is ''THE HONG KONG GENERAL CHAMBER OF COMMERCE 香港總商會''.

The Registered Office of the Chamber will be situated in Hong Kong.

The objects for which the Chamber is established are:

(a)

To promote, represent and safeguard the interests of the Hong Kong business community.

(b)

To consider all questions connected with the trade, commerce and industry of Hong Kong.

(c)

To promote, support, or oppose legislative or other measures affecting such trade, commerce and industry.

(d)

To issue Certificates of Origin of any goods and to undertake and conduct surveys of any goods or merchandise, and to issue all necessary certificates in connection therewith.

(e)

To collect and disseminate statistical and other information relating to trade, commerce and industry.

(f)

To advance and promote commercial and technical education, and to found scholarships and exhibitions to be held by or otherwise assist young persons desiring to train for commercial careers, and to accept donations and endowments and support establishments and institutions for any of such purposes, and to act as trustees, custodian trustees or managers of any funds subscribed or donated for any of such purposes, and generally to undertake and execute any trusts the undertaking of which may be considered consonant with the other objects of the Association or otherwise desirable, and either gratuitously or otherwise.

(g)

To borrow any money required for the purposes of the Chamber, upon such securities as may be determined.

(h)

To purchase, take on lease, or in exchange, hire, or otherwise acquire any real or personal property, and any rights or privileges which the Chamber may think necessary or convenient for the purposes of its business.

(i)

To sell, improve, manage, develop, lease, mortgage, dispose of, or otherwise deal with, all or any part of the property of the Chamber.

(j)

To do all such other lawful things as are incidental or conducive to the attainment of the above objects.

The funds and business of the Chamber shall be managed and carried on in accordance with the Memorandum and Articles of Association.

The income and property of the Chamber whencesoever derived, shall be applied solely towards the promotion of the objects of the Chamber as set forth in this Memorandum of Association; and no portion thereof shall be paid or transferred directly or indirectly, by way of dividend, bonus, or otherwise howsoever by way of profit, to the members of the Chamber.

Provided that subject to the provisions contained in Clause 6 hereof nothing herein shall prevent the payment, in good faith, of remuneration to any officers or servants of the Chamber, or to any member of the Chamber, or other person, in return for any services actually rendered to the Chamber.

The fifth paragraph of this Memorandum is a condition on which a licence is granted by His Excellency the Governor of Hong Kong to the Chamber in pursuance of Section 21 of the Companies' Ordinance, 1911.

If any member of the Chamber pays or receives any dividend, bonus, or other property, in contravention of the terms of the fifth paragraph of this Memorandum, his liability shall be unlimited.

Every member of the Chamber undertakes to contribute to the assets of the Chamber, in the event of the same being wound up during the time that he is a member, or within one year afterwards, for payment of the debts and liabilities of the Chamber contracted before the time at which he ceases to be a member, and of the costs, charges and expenses of winding-up the Chamber, and for the adjustment of the rights of the contributories amongst themselves, such amount as may be required not exceeding ten dollars, or, in case of this liability becoming unlimited, such other amount as may be required in pursuance of the last preceding paragraph of this Memorandum.

If upon the winding-up or dissolution of the Chamber there remains, after the satisfaction of all its debts and liabilities, any property whatsoever, the same shall not be paid to or distributed among the members of the Chamber, but if and so far as effect can be given to the next provision shall be given or transferred to some other institution or institutions, having objects similar to the objects of the Chamber, to be determined by the members of the Chamber at or before the time of dissolution, or in default thereof by such Judge of the Supreme Court of Hong Kong as may have or acquire jurisdiction in the matter, and if and so far as effect cannot be given to such provision then to some charitable object.

10.

True accounts shall be kept of the sums of money received and expended by the Chamber, and the matter in respect of which such receipt and expenditure takes place, and of the property, credits, and liabilities of the Chamber; and, subject to any reasonable restrictions as to the time and manner of inspecting the same that may be imposed in accordance with the Bye-Laws of the Chamber for the time being, shall be open to the inspection of the members. Once at least in every year the accounts of the Chamber shall be examined, and the correctness of the balance sheet ascertained by one or more properly qualified Auditor or Auditors.

Names	Addresses	Descriptions of Subscribers
T.G. Weall,	Dodwell & Co., Ltd.	Merchant
C.G.S. Mackie,	Gibb, Livingston & Co., Ltd.	"
A.C. Hynes,	The Hongkong and Shanghai Banking Corporation	Banker
Neilage Brown,	Butterfield & Swire	Merchant
B.D.F. Beith,	Jardine, Matheson & Co., Ltd.	"
F.A. Perry,	British-American Tobacco Co. (China) Ltd.	"
Paul Lauder,	Union Insurance Society of Canton, Ltd.	Underwriter
W.H. Bell,	Asiatic Petroleum Co. (China), Ltd.	Merchant
T.E. Pearce,	John D. Hutchison & Co.	"
J. Owen Hughes,	Harry Wicking & Co.	"

Dated this 15th day of December, 1928.
WITNESS to all the above signatures,

(Sd.) R.A. WADESON,
Solicitor,
Hong Kong.

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