(0)
(2).
( 2 ).
65
It was considered that it would be best to make the
Subsidy payable in the following proportions.
1st Year.
2nd Year.
3rd Year.
4th Year,
5th Year.
TOTAL: -
$100,000.00
$ 70,000.00
$ 50,000.00
$40,000.00
$ 40,000.00
$300,000.oc Hong Kong.
(a)
(b)
(c)
(a)
(e)
RIGHTS OF OPERATION AND GOVERNMENT ASSISTANCE.
It is agreed that the "Company" should be granted free
landing and operational rights at Hong Kong, Canton, and Macao.
It is agreed that all
assistance should be granted to
the "Company" with regard to Meteorological and Wireless Services
free of charge.
It is agreed that free accomodation for Machines visiting
Macao and Canton, would be granted, always provided that it was
available without turning out the Canton or Macao Machines.
It is agreed that the Governments concerned should not
offer or give support to any other company that proposes to
operate over the routes already operated by the "Company", or
to any company working in direct competition to the "Company",
The period to be the same as for the Subsidy, five years.
(3).
(a)
REGISTRATION OF "COMPANY"
It is agreed by Lieut; Cabral (Macao) and Mr.R.Vaughan-
-Fowler, that the "Company" should be a British Company register
-ed in Hong Kong.
(b)
The Representatives from Canton suggested that the
Company should also be registered under the Chinese Government.