CO129-332 - Public Offices & Others - 1905 — Page 157

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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In regard to the earth work or such other work as Chinese are

competent to perform contracts shall be entered into for such work

with Chinese under the sanction of the Director General or his deputy

and the work itself to be in accordance with plans and specifications

of the Engineer-in-Chief and under his supervision and subject to the

approval of the Consulting Engineers as provided by the Working

Agreement.

Detailed plans and estimates of cost whether of the respective

sections of the Railway or of any extensions branches or alterations

of the same are to be submitted to the Board of Commissioners

for the approval of the Director General.

ARTICLE 3,

The Loan shall be secured by mortgage declared to be now

entered into in equity by virtue of this Agreement, and shall as soon

as possible hereafter be secured by a specific and legal first mortgage

in favour of the Corporation upon all lands materials rolling stock

buildings property and premises of every description purchased or

to be purchased for the Railway and on the Railway itself as and

when constructed and on the revenue of all descriptions derivable

therefrom and the proportions thereof belonging or appropriated to

the Railway Administration or the Chinese Government.

The provisions of this Article in respect of the mortgage are to

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