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course with the Corporation.
In all matters relating to the construction of the Railway it is expressly agreed that particular heed shall be paid to the feelings and habits of the Chinese people, and that, when practicable, Chinese shall be employed in positions of trust and responsibility in connection with the Railway.
In regard to earthwork, or such other work as Chinese are competent to perform, contracts shall be entered into for such work with Chinese under the sanction of the Road Office and the work itself shall be carried out in accordance with plans and specifications of the Engineer-in-Chief and under his supervision.
Detailed plans and estimates of cost, whether of the respective sections of the Railway, or of any alterations of the same, are to be submitted for the approval of the Viceroy by the Engineer-in-Chief through the Managing Director.
Article 3.
The Loan shall be secured by mortgage declared to be now entered into in pursuance of this Agreement, and shall, as soon as possible hereafter, be secured by a specific and legal first mortgage in favour of the Corporation upon all lands, materials, rolling stock, buildings, property and premises, of every description purchased or to be purchased for the Railway and on the Railway itself, as and when constructed, and on the revenue of all descriptions derivable therefrom.
The provisions of this Article in respect of the mortgage are to be construed and treated as equivalent in purport and effect to a mortgage customarily executed and delivered in England to a Trustee for the purposes of securing Loans and Bond Issues upon Railway properties in foreign countries.
Article 4.
It is hereby agreed that in six (6) months after this agreement is signed, the Corporation shall provide the amount necessary to proceed with the detailed survey of the Railway, and for preliminary construction work if necessary, whether this amount comes from the sale or hypothecation
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