4.
302
The cost of Land to be paid for out of the Loan, but
must not in any case exceed £100,000.
c0c
REUIGRATION TO BRITISH AT CHINESE CORPORATION.
Let
As remmeration for superintendence and services the
British and Chinese Corporation to receive 5 on the entire cost
of all materials purchased for the railway. All materials
required for the railway to be purchased by the Briách and
Chinese Corporation in the open nuriet Lt the lowest price
obtainable.
c0c
ET PROFIT CERTIFICATES.
x. Her
of the not income or profit roccivable by the thine se
Government from the railway, after defriying working and other
expenses and interest, the British and Chinese Corporation thall
receive 20% which shall be roprocented by and in form of Certi-
ficates having a nominal capital value of one-fifth of the
nominal count of tllo Town. fuch certificates will entitle the
holders to participate rateably in such 20). These certificates
carry no interest and have a term of 50 years and a declared
face value of 3100 ouch, The Imperial Chinese Railway Adminis-
tration may at any time redeem these certificates at their face
value, but aftor the expiration of 50 years from date of issuo
of Lou the certificates shall be null and void and need not be
redeemed.
to ed ve
000
ROM HOLDERS REPRESENTATIVES.
In all future negotiations respecting those "ouns or matters arising in connection therewith, the British & Chinose Corporation shall be recognized as representing the Bondholders