CO129-336 - Governor Nathan & Public Offices - 1906 [11-12] — Page 442

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

437

conditions remaining unfavourable at the date of signature of the Agreement, would enable the Chinese Government thereafter to exercise its option and discretion for issuing the same within a reasonable period, allowing the Corporation a fixed Commission of six points on the flotation, Article 1 was accordingly redrafted in this sense, it being understood that the Corporation would, if necessary, make Advances under the terms of the agreement to defray cost of survey, etc. pending issue of the Loan.

H.E. CHANG SHAO-FI raised the question as to the date of payment to the Corporation of its computed commission under Article 9, expressing the opinion that it was not reasonable to claim payment until services have been actually rendered; after discussion it was agreed that half the amount is to be paid when half the work, estimated by mileage, has been done and the other half upon completion of the Railway.

The terms of the Agreement, with the one exception above noted, being thus determined, it was decided that the representatives of the Viceroy of Canton would go over the entire agreement with Mr. Bland and check the same carefully prior to revision of the final Official translation.

After arranging for a meeting on Thursday next, the 1st November, at 8.30 p.m., the meeting adjourned.

(Signed)

J.O.P. BLAND,

27.X.06.

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437 conditions remaining unfavourable at the date of signature of the Agreement, would enable the Chinese Government thereafter to exercise its option and discretion for issuing the same within a reasonable period, allowing the Corporation a fixed Commission of six points on the flotation, Article 1 was accordingly redrafted in this sense, it being understood that the Corporation would, if necessary, make Advances under the terms of the agreement to defray cost of survey, etc. pending issue of the Loan. H.E. CHANG SHAO-FI raised the question as to the date of payment to the Corporation of its computed commission under Article 9, expressing the opinion that it was not reasonable to claim payment until services have been actually rendered; after discussion it was agreed that half the amount is to be paid when half the work, estimated by mileage, has been done and the other half upon completion of the Railway. The terms of the Agreement, with the one exception above noted, being thus determined, it was decided that the representatives of the Viceroy of Canton would go over the entire agreement with Mr. Bland and check the same carefully prior to revision of the final Official translation. After arranging for a meeting on Thursday next, the 1st November, at 8.30 p.m., the meeting adjourned. (Signed) J.O.P. BLAND, 27.X.06.

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437 conditions remaining unfavourable at the date of signature of the Agreement, would enable the Chinese Government thereafter to exercise its ootion and discretion for issuing the same withia a reasonable period, allowing the Corporation a fixed Commission of six points on the flocation, Article 1 was accordingly redrafted in this sense, is being understood that the Corooration would, if necessary, make Advances under the terms of the agreement to defray cost of survey, etc. pending issue of the Loan. H.E.!'ANG SHAO-FI raised the question as to the date of pay- ment to the Corporation of its commated commission under Article 9, expressing the opinion that it was not reasonable to claim payment until services have been actually rendered; after discussion it was agreed chao half the amount is to be paid when half the work, estimat- ed oy mileage, has been done and one other half upon comistion of the Railway. The terms of one Agreement, with the one exception above noted, being thus determinel, it was decided that the representatives of the Viceroy of Canton would go over the entire agreement with Mr. Bland and check the game carefully prior to revision of the final Official translation. After arranging for a meeting on Thursday next, the 1st, November, at 8.30 p.m., the meeting adjournel. (Signed) J.0.P.BLAND, 27.X.06. a

2026-06-02 11:54:40 · Baseline

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437

conditions remaining unfavourable at the date of signature of the

Agreement, would enable the Chinese Government thereafter to exercise

its ootion and discretion for issuing the same withia a reasonable

period, allowing the Corporation a fixed Commission of six points on

the flocation, Article 1 was accordingly redrafted in this sense, is

being understood that the Corooration would, if necessary, make

Advances under the terms of the agreement to defray cost of survey,

etc. pending issue of the Loan.

H.E.!'ANG SHAO-FI raised the question as to the date of pay-

ment to the Corporation of its commated commission under Article 9,

expressing the opinion that it was not reasonable to claim payment

until services have been actually rendered; after discussion it was

agreed chao half the amount is to be paid when half the work, estimat-

ed oy mileage, has been done and one other half upon comistion of the

Railway.

The terms of one Agreement, with the one exception above

noted, being thus determinel, it was decided that the representatives

of the Viceroy of Canton would go over the entire agreement with Mr.

Bland and check the game carefully prior to revision of the final

Official translation.

After arranging for a meeting on Thursday next, the 1st,

November, at 8.30 p.m., the meeting adjournel.

(Signed)

J.0.P.BLAND,

27.X.06.

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