COPY.
60
To
The Hongkong & Shanghai Banking Corporation
and
The Macau Electric Lighting Co., Ltd.
IN consideration of your having, at the request of
certain Officials of the Colony of Hongkong, formed a Company to
operate a Waterworks in the Portuguese Colony of Macau, and
having agreed to finance such Company to enable it to operate
such Waterworks, the Imperial Government of Great Britain hereby
guarantees that, in the event of the Colony of Macau at any time
hereafter while the Concession is in force ceasing to be a
Portuguese Colony, whether by rendition of Macau to the Chinese,
or cession to the Japanese Government or otherwise, with the
result that the terms of the Concessionary Contract to which
reference is made hereafter are rendered impossible of performance
in the view of the Directors of the Macau Waterworks Co., Ltd.
as a reasonable financial undertaking, or with the result that
such Concessionary Contract is owing to such rendition, cession,
or otherwise, revoked, the Imperial Government of Great Britain
will refund to the H ongkong & Shanghai Banking Corporation and
the Macau Electric Lighting Co., Ltd. or others the holders for
the time being of shares in, or the lenders of sums loaned to
the Macau Waterworks Co., Ltd., the Company incorporated under
the Companies Ordinance of Hongkong for the purpose of erecting
and thereafter operating such Waterworks at Macau, all loss of
original Capital subscribed or sums advanced by way of loan (plus accrued interest thereon) to such Company which may be sustained
by that Company through such rendition, cession, or otherwise as
aforesaid rendering the Concessionary Contract incapable of
performance or void as aforesaid, less any sums which may have
been repaid by that Company to the subscribers and/or lenders by
way of return of Capital and/or repayment of loans and interest.
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