(of acceptance of the Contract for the six coaches
by the Kwang Tung Provincial Government) or (b) (of
the placing of the order for the six coaches by the
Crown Agents.) (preferably (a) ).
7.
In the event of the monthly provisional
balance due from the British to the Chinese Section
not being sufficient to cover the instalment due for
any month, the Chinese Section of the Railway shall
immediately remit to the British Section their cheque
for the balance due on the instalment for that month,
while should the balance due to the Chinese Section
for any
month be more than sufficient to cover the
monthly instalment due to the British Section on
account of the Loan, the excess balance (less the usual
retention of between One and Two Thousand Dollars) shall
be immediately remitted to the Chinese Section as is
customary.
8.
This account shall be known as "the Six
Coaches Loan Account", and the account shall be kept
by the Hong Kong Government in accordance, both as to
debits and credits, with the practice of Bankers. The
daily rate of interest on the outstanding balance
shall be six per cent with monthly rests.
9.
The account shall be kept in Hong Kong
currency, all sterling debits being converted at the
Hong Kong and Shanghai Bank demand rates of exchange
as and when paid on sterling account and repayments
shall be made in Hong Kong current bank notes or an
equivalent as accepted by the Hong Kong and Shanghai
Bank.
10.
The Kwang Tung Provincial Government shall
be at liberty to make its own arrangements for delivery
of the six coaches at the Port of Hong Kong.
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9
11.
In the event of delivery being taken by the
Hong Kong Government, any and all expenses incurred
in accepting delivery, landing, wharfage, and godown
charges, shall be subject to an additional charge of
5% on account of overheads which shall be added to the
cost of the Six Coaches. But the Hong Kong Government
shall be exempted from all liability in the event of
damage or loss from any cause whatsoever to, shortage
or overcarriage of any of the cargo.
12.
In the event of the Hong Kong Government
being requested to undertake other services in connection
with the Six Coaches such as erection should the coaches
arrive in sections, all expenses incurred in connection
therewith shall be subject to an additional charge of
50% on account of the cost of labour (stores at cost
price) which shall be added to the total cost. But the
Hong Kong Government shall be exempted from any liability
in the event of breakage, damage or loss from any cause
not attributable to its own or its servants' negligence
while on the premises of the Hong Kong Government prior to delivery in Chinese Territory (or at Shum Chun Station).
13.
In the event of no Tender being accepted by
the Kwang Tung Provincial Government or this Agreement
being cancelled or modified, all expenses incurred by
the Hong Kong Government in connection with calling for
Tenders for the Six Coaches shall be refunded by the
Kwang Tung Provincial Government to the Hong Kong
Government, and the total amount shall be a first charge
on the balances due from the British to the Chinese "ec-
tion of the Railway on division of Through Earnings.
age 9
age 9
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CROWN
AGENTS
FOR THE
ALL COMMUNICATIONS
TO BE ADDRESSED TO THE
CROWN AGENTS FOR THE COLONIES,
THE FOLLOWING REFERENCE AND THE
DATE OF THIS LETTER BEING QUOTED.
Z/Hong Kong Rly.606.
TELEGRAMS: "CROWN LONDON'.
TELEPHONE: VICTORIA 7730.
COLONIES
REQER
Sir,
5-
10
ge 10
4, MILLBANK,
LONDON, S.W.1.
30th January, 1934.
[n=4]
I have the honour to acknowledge the receipt of your
letter No.13867/33 of the 7th December transmitting copy of
a despatch and of a telegram from the Governor of Hong Kong
regarding the purchase of six new passenger coaches for the
Chinese section of the Kowloon Canton Railway.
We have now received tenders from four firms for the
carriages required, and we have today despatched a telegram
to the Colonial Secretary, Hong Kong reading as follows:-
"With reference to despatch of 10th November No.563 from Governor to Secretary of State carriages cost f.o.b. two second class £5,500 four third class £9,880 freight and other charges approximately £1770 total. Delivery six months."
We consider the prices quoted are favourable and we now await
definite instructions before taking further action.
I have the honour to be,
фот
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8
The Under Secretary of State,
COLONIAL OFFICE.
Sir,
Your obedient Servant,
Mausi.
for Crown Agents.
CA
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