Section III. And it is hereby enacted, that it shall be in the power of the Governor General of India in Council,

III. And it is hereby enacted, that it shall be in the power of the Governor General of India in Council, from time to time, by an order duly published in the Government Gazettes of Calcutta and of Bombay, to authorize the said Capital Stock to be increased, and to make such order and direction for the opening of subscriptions towards such increase of Capital, as to him may seem fit, giving due notice thereof to the Proprietors of the said Bank for the time being, and allowing to them a period of not less than twelve months to fill up such subscription themselves, and like wise to prescribe in what manner and form the Proprietors shall subscribe and pay into the said Bank of proportion of new Stock to which they may respectively be entitled; and also to make such order and direction as to him the said Governor General in Council may seem fit, for the disposal of the amount of new Stock that may not be subscribed for, and paid up by the Proprietors in the manner and form that may be so prescribed.