STEPHENSON, HARWOOD & CO

SOLICITORS.

HE DOWYN STEPHENSON HORACE G, KARWOOD. WALTER S HENDERSON ROBERT C. WITT, CHARLES MACKINTOSH.

TELEGRAPHIC ADDRESS, "LIMATOR LONDON.“ A.B.C AND MENTILLS

CODES USED.

TELEPHONE NO 277 AVENUE.

Dear Sir,

1.Enclosure

TE

EASTERN

OLON AL

OFFICE

31. Lombard Street:

Sondens

Canton Kowloon Railway

235

2nd May

1905

The

Since settling with you the terms of the draft Agreement in this matter our clients attention has been called by their Agents in Hongkong to the fact that Clause 9 of the Working Agreement is not as clear as it might be and that in consequence questions might possibly arise in the future even though it is unlikely to be the case during the existence of the Bonds and Net Profit Certificates. Clause in question has therefore been revised with a view to avoiding such questions and without po¤£À3«££ná altering what was we think the intention of the parties and our clients suggest that if you approve of the revised Clause it should be sent out to Hongkong to be incorporated if by the time it reaches China the negociations should not have proceeded too far.

We are

Dear Sir

0. V. Fiddes Esq

Yours faithfully

Stephenom Harworst?

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