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3

151

construction and working of the line. And further that the

Corporation should receive 5 per cent. on the entire cost of all

materials, rolling stock and equipment purchased for the

Railway, and should also receive 20 per cent. of the net profits

of the Railway, such share of the profits to be represented by

certificates to an amount equal to one-fifth of the aggregate

nominal amount of the said loan, which certificates were to be

redeemable as therein mentioned.

Sounday of The Kowloon

Territory Junder Britishy Control

And whereas pursuant to the said Preliminary Agreement

of 28th March, 1899, the like terms were to be adopted for the

construction and working of a Railway from Canton to the

frontion of British Kowleen, in the province of Iwantung (which

Railway is part of the subject matter of this Agreement, and is

hereinafter called the Railway").

+

And whereas the British Government of/Hongkong is

about to proceed with the construction, equipment and working Grunday

of a railway from the said fremtier to the Port of Kowloon.

the British

Colony of

And whereas it is the intention of the Government of the

British Colony of Hongkong and the Imperial Chinese

Government, and it is expedient that the sections of the railway

bounday

boundary

from Canton to the said frontier, and from the said Frontier to

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