9.

307

ously and at such rate of progress as to be completed and ready

C

to be opened at the same time.

000

RESPONSIBILITY FOR DEFECTS IN CONSTRUCTION.

Each Coverment to be responsible for all defects of

construction which may appear on its section during a period of

two years after the opening of the line.

c00

PROTECTION.

Fach Govermat chall be responsible for the policing of

its own section.

000

BOARD OF MANAGEMENT.

مصریح

As soon as the railway approaches completion, & joint Board

of management shall be formed which shall have the entire con-

trol of the railway for the purpose of the working thereof.

The ould Poard to be composed of six members, 1.0.

2 representing the Chinese "ovoriment.

1 'representing the ritish & Chinese Corporation.

2 representing the "onkong Covernment.

und the General "anager who shall be appointed by rutuel

agreement between the Hongkong Goverment and the British and

Chinese Corporation uo representing the Chinese Covernment.

Three members of the Board to form a quorum,

I the

decicion of the majority to be final on all matters within the

competence of the Board and not contrary to this Agreement.

When the Fonds and Not Profit Certificates of the Chinese

"overnment have been paid off, the above Board chall be composed

of six members appointed, three by each Government, including a General Manager to be selected by agreement between the contract

ing Governments.

327

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