584
(h) Rolling stock to be jointly provided and owned in proportion to the mileage; commission not to be payable to the Corporation in respect of the proportion provided at the expense of Hong Kong.
(1) Any capital necessary for working to be provided by the two Governments in proportion to mileage: the Chinese proportion for this and for rolling stock to be provided out of their loan, and to be earmarked for the purpose.
(j) Each Government to provide the necessary land for the railway at its own cost, and to make its own arrangements as to the funds required therefor.
(k) The line to be worked by a Joint Board of six members appointed, two by the Chinese Government, two by the Colonial Government, one by the Corporation, together with a General Manager to be selected by agreement between the Corporation and the Colonial Government.
After the redemption of all Chinese Bonds, &c., the representative of the Corporation would disappear.
584
(h)
Rolling stock to be jointly provided and owned in proportion to the mileage; commission not to be
payable to the Corporation in respect of the pro-
portion provided at the expence of Rong Kong. (1) Any capital necessary for working to be provided
by the two Govermente in proportion to milesge:
the Chinese proportion for this and for rolling
stock to be provided out of their loan, and to be
earmarked for the purpose.
(1) Rach Government to provide the necessary land for
the railway at its own coat, and to make its own
arrangements as to the funds required therefor. (k) The line to be worked by a Joint Board of six
members appointod, two by the Chinese Government,
two by the Colonial Government, one by the Cor- poration, together with a General Manager to be selected by agreement between the Corporation and
the Colonial Government.
After the redemption of all Chinese Bonda,&c.,
the representative of the Corporation would dia-
appear
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