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ARTICLE 16.
In places along the line of Railway where the Hongkong and
Shanghai Banking Corporation has no agencies and where it does
not intend to establish any agencies, business relations are to be
cultivated with the Chinese Imperial Bank and its local agencies, it
being the intention of the Corporation to utilise the Imperial Bank
where practicable for facilitating the movement of funds.
ARTICLE 17.
The Corporation may, subject to all its obligations, transfer or
delegate all or any of its rights powers and discretions to their
successors or assigns, but the Corporation which is a Corporation
formed under English Law shall not transfer its rights under this
Agreement to other Nations, or people of any nationality except
British or Chinese. Similarly the Railway Administration shall not
transfer any of its rights under this Agreement to persons of other
nationality.
It is further agreed that without the express consent in writing
of the Director General and of the Corporation no other rival Kailway
detrimental to the business of the same is to be permitted, and no parallel line to the Railway is to be allowed to the injury of the
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