CO129-332 - Public Offices & Others - 1905 — Page 175

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lapsed by effluxion of time when the services of such accountant

shall be dispensed with.

ARTICLE 13.

The Corporation are hereby appointed trustees for the Bondholders

and holders of net profit Certificates, and in any future negotiations

respecting these Loans or matters arising in connection therewith,

which may take place between the Railway Administration and the

Corporation, the Corporation shall be taken as representing the

Bondholders and holders of net profit Certificates, and as empowered

to act on their behalf.

ARTICLE 14.

All materials of any kind that are required for the construction

of the Railway or of any branch lines, whether imported from abroad

or from the provinces to the scene of the work, shall (following the

precedent of the Northern Railway and the Shanghai-Nanking

Railway) be exempted from Customs duty and Likin. The Bonds of

this Loan together with their coupons, the net profit Certificates and

the income of the Railway shall be free from imposts of any kind by

the Government of China,

As to the Likin for goods or passengers which may be transported

over the lines from to or through the different provinces, the Director

General will confer with the Government Bureau of Mines and