433

Oracê to declare the

terms & conditiais

abplicable

to Loans

authorised

bo be

raised

by the Farb

of Athany thi

trande

brouide for

в

the

creation of Of Kars

Msembed

Stock.

2.

As regards

the Railway

Railway Loan

I observe that

Ord cê

sechai

4 forvids

that

Contributian

to sending

pundy shall commence

(366357127

after

the expiration of

are

Year

of issue

from the dati

of

debentures

or inscribed stock,

mstead

of after

Expiration of

suggested

as discelid

Are

diree

rear

the

an

there para of my

Lauf desp of

Jav last,

the

3rd

in accordance

a dued that the

beriod

three

Year!

witte

Rector

the

asual

practice

bru

Carneniai

with

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