457
A representation to the Board and that is to say a share based on the relative cost of constructing and equipping the Hong Kong and Canton sections of the line, exclusive of any expenses incurred in raising funds for the undertaking and any commission on materials supplied.
Subsidiary questions such as the duration of the lease and the rates of interest can be considered when the Director of the Corporation have stated their views on the points raised in this letter.
I am, etc.,
C. Mistera
186