<persName ref="prs:northcote_s"><surname>Northcote</surname>, <forename>Stafford</forename> <forename>H.</forename></persName> to <persName ref="prs:merivale_h"><surname>Merivale</surname>, <forename>Herman</forename></persName> 23 April 1859, CO 60:6, no. 4310, 131. Northcote addressee Merivale (Permanent Under-Secretary)

Published by Jim Hendrickson and the University of Victoria.

Northcote, Stafford H. to Merivale, Herman 23 April 1859, CO 60:6, no. 4310, 131.The Colonial Despatches of Vancouver Island and British Columbia 1846-1871, Edition 2.6, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. https://bcgenesis.uvic.ca/B595TE11.html. CO 60:06 CO 60 6 4310 131 B.C. 1859 received 25 April co_60_06_00132r.jpg Transcribed from microfilm archives, marked up in Waterloo Script, then transformed into TEI P5 XML.

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Public Offices document. Minutes (2), Other documents (1).

Northcote reports that a contentious clause in the Charter to the Bank of British Columbia concerning the revocation of said charter has been overrated and that use of this clause is not likely to occur.

The minutes are pleased with this satisfactory termination of the controversy.

Enclosed is a draft reply from the Colonial Office to Northcote, 20 April 1859, acknowledging receipt of letter.

 Northcote, Stafford H.
Treasury Chambers
Merivale, Herman Inserted revisionDesc with @status="unproofed". Changed idno @type="received" into a date element. Gave existing date an @type="sent" and reordered bibl contents.
Northcote to Merivale (Permanent Under-Secretary) 4310, CO 60/6, p. 131; received 25 April
Treasury Chambers
23 April 1859 Sir,

With reference to your Letter of the 21st Ultimo and to the previous correspondence which has passed on the subject of the grant of a Charter to the Bank of British Columbia, I am commanded by the Lords Commissioners of Her Majesty's Treasury to acquaint you that My Lords find on communicating with the Counsel of thisthis Board that they had overrated the importance of the clause which provided for the notification to the Queen by Warrant of Their Lordships of any breach of the Covenants of the Charter with a view to it's revocation.

Mr Bellenden states that "the words are not essential; that they had been introduced in some recent Charters as it appears convenient that there should be some responsible body on whose suggestion the Crown should act; and the Commissoners of the Treasury were selectedselected seeing that all the other matters relating to the Charter were referred to the Treasury."

Their Lordships are glad to find that, in acceding to the proposal of Sir E. Bulwer Lytton for the omission of the words in question the difficulties which they apprehended are not likely to occur. At the same time, they wish it to be understood that, in deferring to his wishes in the matter, they do not abandon any of the powers which this Board may be called upon to exercise selectedin case of any circumstances arising to require the revocation of the Charter.

My Lords have forwarded the Draft as amended to the Board of Trade and have recommended that Her Majesty be advised to direct the issue of letters Patent under the Great Seal in conformity therewith.

I remain etc. Stafford H. Northcote
Mr Strachey ABd 25 April
Mr Elliot This is a satisfactory termination of the controversy.

I annex a dft to express satisfaction to the Treasury.

WS 25 Apl TFE 26/4 C Apl 27
Draft, Colonial Office to Northcote, 20 April 1859, acknowledging receipt of letter.