#
1 A
632
POST V
e) or no
Quit de pw.
ROW
** quorn
fa unntaZforno
end ever queer roness end
solaenomen in minddo në grit
connection with a Railway from the Hankow-Sinyang Dis-
trict to Chengtu and they have thereby come into com-
petition with each other AND WHEREAS for the purpose
of putting an end to such competition the Company and
the French Group have agreed to associate themselves
together in the manner and on the terms hereinafter
appearing AND WHEREAS it is an essential term of the
agreement that the British Group and the French Group
shall so far as regards matters within the scope of
the Company's objects do all in their power to oppose
and defeat all competition with the Company NOW THESE
PRESENTS WITNESS that it is hereby agreed by and bet-
ween the parties hereto as follows:
1. The capital of the Company shall be forthwith
increased by the creation of 1,000 Deferred Shares of
£1 each which shall be entitled to receive between
them one-half the surplus profits of each year (which
the Directors may determine to divide) after there
shall have been paid by way of dividend or bonus to
the holders of the shares other than the Deferred
Shares a sum equal to the nominal amount of such
shares