and the cost of

whole line but giving a guarantee for the

punctual payment of the interest

and sinking fund for the proper

maintenance and

satisfaction of a first mortgage, of the first line with equipment

throughout the period of the lease on the

expenditure incurred by the Hong Kong Government

(2) That the payment to the Colonial

Government by way of interest and sinking

fund shall be a first charge on

the profits of the whole line after

paying working expenses and not merely of

the British section of the line,

and that any profits accruing to

above a certain substantial rate of interest to the shareholders,

after the payment of interest and sinking fund to the

Colonial Government shall be divided between

the Corporation and the Hong Kong Government

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