| Year | Date | Payment of Interest | Repayment of Principal | Total Payment |
|---|---|---|---|---|
| 1901 | February 25 | £1,687 10 | £1,687 10 | |
| 1902 | August 25 | 1,518 15 | £7,500 | 9,018 15 |
| 1903 | February 25 | 1,518 15 | 1,518 15 | |
| August 25 | 1,350 0 | 7,500 | 8,850 0 | |
| 1904 | February 25 | 1,181 5 | 1,181 5 | |
| August 25 | 1,012 10 | 7,500 | 8,512 10 | |
| 1905 | February 25 | 1,012 10 | 1,012 10 | |
| August 25 | 843 15 | 7,500 | 8,343 15 | |
| 1906 | February 25 | 843 15 | 843 15 | |
| August 25 | 675 0 | 7,500 | 8,175 0 | |
| 1907 | February 25 | 675 0 | 675 0 | |
| August 25 | 506 5 | 7,500 | 8,006 5 | |
| 1908 | February 25 | 506 5 | 506 5 | |
| August 25 | 337 10 | 7,500 | 7,837 10 | |
| 1909 | February 25 | 337 10 | 337 10 | |
| August 25 | 168 15 | 7,500 | 7,668 15 | |
| 1910 | February 25 | 168 15 | 168 15 | |
| August 25 | ||||
| Total | £18,562 10 | £75,000 | £93,562 10 |
Signed at Wuchang by the Contracting Parties this fourth day of the eighth month of the twenty-sixth year of the Emperor Kuang Hsi, being the twenty-eighth day of August, one thousand nine hundred, Western calendar.
(Signed)
For the Hong Kong and Shanghae Banking Corporation,
E. G. HILLIER, Agent and Attorney.
(Viceroy's Signature and Seal.)
E. H. FRASER, Her Britannic Majesty's Acting Consul-General, Hankow. (Consul's Seal.)
On the 28th August last an Agreement was signed between the Viceroy of Wuchang and the Hong Kong and Shanghae Bank for a loan of £75,000, Her Majesty's Government guaranteeing the principal and interest.
The loan is for ten years, repayment to be by ten equal yearly instalments of £7,500 each.
The interest is 4 per cent per annum.
The loan is secured by a second mortgage on the Ichang salt gikin, already charged with the service of the Chinese Imperial Government 4 per Cent Loan of 1898, and it ranks immediately after that loan.
The Viceroy may, if necessary, supplement the revenue of the Ichang salt gikin by other revenues of his provinces, but, in case of default with regard to payment of interest or repayment of principal, the Viceroy may be called upon by Her Majesty's Government to appropriate and place under the administration of the Imperial Maritime Customs further approved...
7-1
Mo.
& Toney fill, Time
49
SCHEDULE of Payments of Interest and Repayments of Principal.
:
£ $.
Year.
Date.
Payment of Interest.
Repayment of Principal.
Total Payment.
+
3.
£
February 25
1901
August 25
1902
February 25
1,687 10 1,687 10 1,518 15
1,687 10
7.500
0,187 10
1.518 15
August 25
1,518 15
7,500
9,018 15
1908
February 25
August 25
February 25
1004
August 25
February 25
1905
4+
August 25
1.350 0 1,350 0 1,181 5 1,151 5 1,012 10 1,012 10
1,850
0
7,800
8.850 0
1.18!
5
7,500
8,081 5
1,012 10
7,500
8,512 10
1906
February 25
843 15
843 16
Angust 25
843 15
7,500
£,343 15
1907
February 25
675 0
675 ©
August 25
675 0
7,500
8.175
0
1708
February 25
506 5
506
5
August 26
400 5
7,500
8,006
5
February 25
337 10
837 10
1900
Angust 25
357 10
7,500
7,837 10
1910
February 25 August 25
188 15
168 15
168 18
7,500
Total
18,562 10
73,000
93,562 10
7,688 16
Signed at Wucbang by the Contracting Parties this fourth day of the eighth month of the twenty-sixth year of the Emperor Kuang Hsi, being the twenty-eighth day of August, one thousand nine hundred, Western calendar.
(Signed)
For the Hong Kong and
(Signed)
(Viceroy's Signature and Seal.)
E. H. FRASER, Her Britannic Majesty's Acting Consul-General, Hankow. (Consul's Seal.)
Shanghae Banking Corporation,
E. Ğ, HILLIER, Agent and Attorney.
COPY
M
No
PRINTED
POR
USE
EASTERN
Ne.
88.
COLONIAL
Memorandum.
OFFICE
On the 28th August last an Agreement was signed
A
between the Viceroy of Wuchang and the Hong Kong and
Shanghae Bank for a loan of £75,000., Her Majesty's
Government guaranteeing the principal and interest.
The loan is for ten years, repayment to be by
ten equal yearly instalments of £7,500 each.
The interest is 4 per cent per annum.
The loan is secured by a second mortgage on the
Ichang salt 11-kin, already charged with the service
of the Chinese Imperial Government 44 per Cent Loan
of 1898, and it ranks immediately after that loan.
The Viceroy may, if necessary, supplement the revenue
of the Ichang salt 11-kin by other revenues of his
provinces, but, in case of default with regard to
payment of interest or repayment of principal, the
Viceroy may be called upon by Her Majesty's Govern-
ment to appropriate and place under the administra-
tion of the Imperial Maritime Customs further ap-
proved
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