CO129-329 - Governor Nathan - 1905 [7-12] — Page 662

523

TIMU MOITAPOGADO 30EKIHO & HEITIRO 3H7

S

THE BRITISH AND CHINESE CORPORATION,

LIMITEO

✡

658

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LOAN

ROUGH ESTIMATE OF AMOUNT OF LOAN REQUIRED FOR CANTON-KOWLOON

RAILWAY (CHINESE SECTION).

at

90.

Deduct Interest and Service of Loan during

construction, 2 years at 5% and

£1,500,000. £2.000.000.

1,800,000. 1,350,000.

1.

150.376.

21,199,624 .

200,500.

£1,599,500.

i

Add.

Interest on Loan Funds pending

expenditure at 241.

32.493.

81,232,117 .

54.539.

£1,654,039.

£1,000,000,

£1,000,000

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0

*

MENGISINI MI A (bert2)

VisterJet

Construction and Equipment including

commission to British & Chinese

Corporation on Materials:-

Construction & Equipment £979,659.

Commission.

£ 20,341.

Balance for Land, Working Capital,

Expenses of Board of Commissioners &

office, and margin for contingencies & such as extra cost and/or longer

period of construction-

If Interest is allowed on Loan Funds at 3%

232,117.

654,039.

balance would be increased by:-

3

6.728. + 11.256

to

£

238,845. £ 665,295.

If Interest is allowed on Loan Funds at 31⁄2

balance would be increased by :-

£

13,532.

22.632

to

£

245,649.

£ 676,671.