577
3.
of this Agreement to enter into an Agreement in the terms of the draft set forth in the Schedule hereto, with the Colonial Government of Hongkong providing for the connection of the two Railways when completed and for the working of the two Railways on the joint behalf of the said Governments.
The Agreement must be drafted by qualified Experts but meanwhile I suggest that the general conditions should be as follows:-
1.
2.
## HEADS OF AGREEMENT.
The Agreement to become operative on the completion by the two Governments of their respective Sections, provisions as to time, cost, and design etc. to be inserted.
The Colonial Government to provide the necessary capital for working the Joint Railway and to provide and own the necessary Rolling Stock for the same.
## Note A.
## Note B.
This provision is designed to facilitate the efficient working of the Line and development of traffic and avoid Chinese obstruction.
The right of the Corporation to a commission on materials supplied to the Chinese Section during the continuance of the Loan to be protected.