CO129-332 - Public Offices & Others - 1905 — Page 458

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(3)

(1)

to the Chinese Government, and before accepting any important modifications in them.

The Chinese and Colonial Governments reciprocally to undertake in their joint working agrestent not to allow their respective sections to pass under the control of any third power or subjects thereof; and not to grant any concessions in their terri- tories which would compete with or injure either section of the line, without the previous consent of the other party.

(h) Rolling stock to be jointly provided and owned

in proportion to the mileage; commission not to be payable to the Corporation in respect of the proportion rovided at the expense of HongKong. Any capital necessary for working to be provided by the two Governments in proportion to mileage: the Chinese proportion for this and for rolling stock to be provided out of their loan, and to be earmarked for the purpose.

(1)

(k)

Bach Government to provide the necessary land for the railway at its own cost and to make its own

arrangements as to the funds required therefor.

The line to be worked by a Joint Board of six

members appointed, two by the Chinese Government

two by the Colonial Goverment, one by the

Corporation, together with a General Manager to be

selected by agiement between the Corporation and

the Colonial Goverment.

After the redemption of all Chinese Bonds, &c.,

the representatives of the Corporation would dis-

appear from the Board.

In