THE NEW ZEALAND GAZETTE. 187
good and due form, have agreed upon the
following Articles :-
ARTICLE I.
The high contracting Parties declare that
they mutally grant to all Companies and other
Associations, commercial, industrial or finan-
cial, constituted and authorized in conformity
with the laws in force in either of the two
countries, the power of exercising all their
rights, and of appearing before the Tribunals,
whether for the purpose of bringing an action,
or for defending the same, throughout the
dominions and possessions of the other Power,
subject to the sole condition of conforming to
the laws of such dominions and posses-
sions.

ARTICLE II.
It is agreed that the stipulations of the pre-
ceding Article shall apply as well to Companies
and Associations constituted and authorised
previously to the signature of the present
Convention, as to those which may subsequently
be so constituted and authorized.

ARTICLE III.
The present Convention is concluded
without limit as to duration. Either of the
High Powers shall, however, be at liberty to
terminate it by giving to the other a year's
previous notice. The two High Powers,
moreover, reserve to themselves the power to
introduce into the Convention, by common
consent, any modifications which experience
may show to be desirable.

ARTICLE IV.
The present Convention shall be ratified,
and the ratifications shall be exchanged at
London in one month, or sooner if possible.
In witness whereof the respective Plenipo-
tentiaries have signed the same, and have
affixed thereto the seals of their arms.

Done at London, the thirteenth day of
November, in the year of our Lord one thou-
sand eight hundred and sixty-two.
(L.S.) RUSSELL.
(L.S.) T. MILNER GIBSON.
(L.S.) SYLVAIN VAN DE WEYER.

Colonial Secretary's Office,
Auckland, 21st May, 1863.

THE following Despatch from H. M. Prin-
cipal Secretary of State, with its en-
closures is published for general information.

READER WOOD,
In the absence of Mr. Domett.

[Circular.]

Downing Street,
31st December, 1862.

SIR, I have the honor to transmit to you
for your information a copy of a letter from the
Treasury, with a copy of a Case which had been
submitted to the Attorney and Solicitor Gene-
al, and their opinion thereon, as to the estab-
lishment of Joint Stock Banks in England

with limited liability for carrying on business in
the Colonies.

I have, &c.,
NEWCASTLE.

Governor Sir George Grey,
&c., &c., &c.,

Treasury Chambers,
11th December, 1862.

SIR,-With reference to the various com-
munications which have passed between the
Treasury and the Colonial Office on the sub-
ject of the incorporation of Colonial Banking
Companies, and more especially as regards
Canada and the Australian Colonies, I am
directed by the Lords Commissioners of Her
Majesty's Treasury to request that you will.
inform the Duke of Newcastle that the atten-
tion of my Lords having been drawn to pro-
ceedings for the establishment of Banks for
carrying on the business of Banking in Her
Majesty's Colonies or Possessions abroad under
the Joint Stock Banking Companies and
Limited Liabilities Acts, their Lordships con-
sidered it right to ascertain the legal status of
such Corporations in the Colonies or Posses-
sions in which they may establish themselves.

I am to transmit herewith, for the informa-
tion of His Grace, copy of a Case which has
been laid by their Lordships' orders before the
Attorney and Solicitor General, with the
opinion of those officers on the questions sub-
mitted to them. As it appears to be within
the power of Colonial Legislatures to pass laws
to prevent, regulate, or restrict the operations
of Banks of this description, my Lords do not
consider it necessary for Her Majesty's Gov-
ernment to interfere in the matter, but they
suggest that copies of the Case and Opinion
should be forwarded to the Governors of the
several Colonies for their information and
guidance.

I am, &c.,
Sir F. Rogers, Bart.,
&c., &c., &c.
(Signed) F. PEEL.

CASE.

As to the establishment of Joint Stock Banks
with Limited Liability for carrying on
Banking Business in the Colonies.

The following is a copy of, a letter from the
Secretary of the Treasury:-

Treasury Chambers,
1st November, 1862.

SIR,-I am desired by the Lords Commis-
sioners of Her Majesty's Treasury to transmit
the enclosed copy of their Lordships' Minute
of the 31st ultimo, on the subject of Joint
Stock Banking Companies, and I am to direct
you to submit a case for the opinion of the
Attorney and Solicitor General, according to
the instructions contained therein.

I am, &c.,
(Signed) GEO. A. HAMILTON.
The Solicitor.