1909.

Proof 15/3/09.

C.O. 9600

PAPIO MAR OC

the

THE BRITISH AND CHINESE CORPORATION, LIMITED.

Minutes

OF MEETINGS HELD ON THE 12TH AND 13TH MARCH, 1909,

Memorandum of Agreement made

day of

One thousand nine hundred and

nine BETWEEN THE BRITISH AND CHINESE CORPORATION LIMITED having its registered office at 3 Lombard Street in the City of London (hereinafter called "the Corporation") of the first part CHINESE CENTRAL RAILWAYS LIMITED having its registered office at 110 Cannon Street in the said City (hereinafter called "the Central Company") of the second part THE BANQUE DE L'INDO CHINE having its head office at 15bis Rue Laffitte Paris (hereinafter called the French Bank") of the third part and THE DEUTSCH-ASIATISCHE BANK having its head office at 14 to 16 Behrenstrasse Berlin (hereinafter called "the German Bank") of the fourth part WHEREAS by an exchange of notes the Governments of England and France have declared themselves opposed to the subjects of either country making loans to the Empire of China for railway purposes unless accompanied by suitable guarantees that the moneys will be devoted to the object for which the loan was ostensibly raised AND WHEREAS the German Syndicate for Chinese business hereinafter referred to having been in negotiations with the Government of the Chinese Empire in competition with the Corporation and the French Syndicate in connection with Chinese business to which this Agreement relates and being satisfied that the principle adopted by the Governments of England and France should be adopted on their behalf also as affording the most beneficial and economical manner of providing sufficient security for the service of loans made by them have accordingly expressed their willingness to enter into a general Anglo- Franco-German understanding for the purpose of governing the action of the Corporation and the French and German Syndicates in connection with the negotiations for and making to the Chinese Empire loans for railway purposes NOW IT IS HEREBY AGREED by and between the parties hereto as follows :--

1.-IN the matter of this Agreement the French Bank is acting on behalf of the French Syndicate for Chinese business consisting of the parties whose names are set forth in the First Schedule hereto and the German Bank is acting on behalf of the German Syndicate for Chinese business consisting of the parties whose names are set forth in the Second Schedule hereto.

2.--THIS Agreement relates to all loans and advances for railway purposes to be floated out of the Chinese Empire which may

STEPHENSON, HARWOOD & CO.,

31, Lombard Street, E.C

CHARLES & READ, Printers, 7, Quality Court, Chancery Lane, and 3 & 4, Great Winchester Street, E.C. Tel. No. 153 Holborn

634

Share This Page