CO129-332 - Public Offices & Others - 1905 — Page 145

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THE BRITISH & CHINESE CORPORATION LIMITED. 143

CANTON TO KOWLOON RAILWAY.

Memorandum respecting the:-

Draft dated 4th. January 1905 of an Agreement between the

British & Chinese Corporation and the Chinese Government for the financing and construction of a Chinese Railway from Canton to the frontier of Kowloon to which is scheduled the

Draft of an Agreement between the Colonial Government of

Hongkong and the chinese Government for the working as a single undertaking the above named Chinese Railway and the Colonial Government Railway which the Hongkong Goverment will construct in Kowloon.

Before proceeding to examine the Agreement between the British

and Chinese Corporation and the Chinese it is desirable to read the scheduled draft Agreement between the Colonial Government and the Chinese

Government.

The Loan and Finance Agreement with the Chinese Government is

on the lines of the Shanghai Nanking Railway Loan Agreement modified te suit the circumstances of the present project. In cases where it has been deemed expedient to preserve provisions which are wholly or partly incompatible with the Working Agreement between the two Governments it will be found that they are over-ridden by referenees to the Working Agreement and are rendered nugatory thereby while that Agreement is in force.

It must be distinctly understood that although the Erafts have

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