64
and they to attend with their sureties to sign
as possible. They did not appear-
it as soon as
for
some
doys, but explained the delay o
by stating that they
were
translated into Chinese.
5.
horing the Bond
At this point the Sonetary, of the Yan.
No Company (the successfeel leiderers) ruade
Q
Confidential application to we to the
follmining effect. Hthrone
sue
Pere are, he said, twelve Chinese finus in Victoria, British Columbia, which boil Opium for the Saw Fruccisco = Market. His Company has a negociation on hand with these twelve firms, with view to bring about an amalgamation with them. He convidered, and the
company considered.
Chairman
of the Company
Q-
that for them to appear as the lessece of the Hongkong Opiume Farme would very
auch
prejudice their chances of success in this
regociation
uegociation, and they therefore
asked as a 24-
great favour if the Government would contime it control of the
Farm for three months longer
than had been intended, the You No
Company guaranteeing a minimum rut Revenue of $13, 250 a month, i. e. the poutal
they
- are to pay for the Form. If their... negociation succeeds they would be in a „ position to offer the Government better terms
another
carry
6.
year; if it fails, they will still
out their contract.
This proposal
was considered in
Exxecutive Council, and it was decided, as the Tenderers had not yet exccuted the Bond-
required of then, to grant the application condition that they should execute it at once, and that they should provide additiona excurity for the taking up of the
the de
deferred date:
the Farme at
7. J.
Як
I