COPY.

EnclosUTU

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PUBLIC LOAN BEARING PRIZES FOR THE DEVELOPMENT OF LOCAL INDUSTRIES OF THE PROVINCIAL

GOVERNMENT OF KWANGTUNG.

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Authorised by the Provincial Government of Kwangtung in accordance with a Resolution passed by the Delegates of

the Provincial Assembly.

INTEREST AT THE RATE OF 8% PER ANNUM. AUTHORISED AMOUNT $10,000,000.

BOND FOR DOLLARS FIVE.

A No. 0000000

A No. 0000000

265 This Bond entitles the Bearer to receive from the Provincial Treasury of Kwangtung the Sum of Five Dollars with in-

-terest thereon at the Rate of Eight Per Centum Per annum subject to and with the benefits of the conditions hereunder set forth.

CONDITIONS.

1. The Bonds are issued by the Secretary of Treasury by order of the Provincial Government of Kwangtung; and the pro- -ceeds of the Loan will be utilised only for schemes which will likely create wealth, such as Remodelling of the City of Canton, the Reclamation of the Kupper Island, and the improvement and Expansion of the Industrial Enter- -prises which the Kwangtung Government has already taken in hand; and this Loan is redeemable after Ten Years and will be secured on the entire Revenue of the Province of Kwangtung. 2. The Bonds are issued in three classes:-

1st. class ..one-whole bond......value $10. 2nd.class................ two-half bonds.

value 85 each.

3rd. class. ..five-1/5 of a bonds.value 82 each, of one or same number, but each part will be

designated by a special number under the Bond number..

3. Out of the total amount of interest at the Rate of 8% Per annum, one half of it will be set aside for Prizes to be

drawn twice a Year. The bond drawing a Prize, upon the receipt of the award will be forthwith cancelled. 4. The Prizes for the first drawing are as follows:-

1st. Prize......

3rd. Prize 5th. Prize

..1....830,000 each. ..3.. 85,000 each. .900.. 830 each.

2nd. Prize....

.2.

4th. Prize....100. 6th. Prize..5,000.

.$10,000 each. 880 each. 820 each.

5. The dates for the semi-annual drawing of Prizes are fixed on the 15th. day of February and the 15th. day of August. The First Drawing will take place on the 15th. of February, 1913. At the close of each drawings Prizes will be awarded upon presentation of their respective winning Bonds.

6. The Prizes of the Second Drawing and all" Subsequent drawings will be reckoned from the interest on the balance of

the loan at 4% Per Annum.

7. The first payment of Interest will be on the 31st. day of August, 1913, and thereafter on the 31st. day August

yearly.

8. Bonds should be presented for redemption within two years after maturity. Any interest accruing thereon will be

paid together with the Principal: and within the period of two years after maturity, Bonds will be accepted at its face value, in payment of land and other Taxes at the Provincial Treasury. Bonds when due, if not present- -ed for payment or otherwise used as above stated will, after a period of two years date become void but the Bonds will be cancelled after two years.

IN WITNESS WHEREOF, the Governor-General has hereunto set his hands and the Secretary of Treasury has affixed his

official Seal this the First day of November, 1912.

(Whole Bond to draw Whole Prize)

Signature Hu Han Min, Governor-General. Signature Liso Chung Hui, Secretary of Treasury.

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