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Yaobno Caod intens

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used in favour of any resolutions which may tend to

contravene the provisions of this present contract and

the Directors of the Company shall be authorised to

disregard all votes given in contravention of this

clause.

13. No share shall be transferred out of the

names of the British French Belgian or American Group

or their nominees to any companies or persons except

upon the terms that such companies or persons shall

bind themselves by the terms of this agreement and

the Board shall refuse to register all transfers

made in contravention of this agreement.

14.

The Articles of Association of the Company

shall be altered in such manner as to give effect to

the provisions of this agreement.

IN WITNESS whereof the said parties to these

presents have hereunto set their hands the day and

year first above written.

THE SCHEDULE ABOVE REFERRED TO.

To kina diuero

6th January 1899.

PRELIMINARY AGREEMENT of this date

made between His Excellency Sheng

Director-General of the Imperial

Chinese

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