CO129-338 - Public Offices & Others - 1906 — Page 348

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

1. the guarantee and mortgage thus given by the Chinese Government it is hereby declared that this Railway is in fact a Chinese property.

All land that may be required along the whole course of the Railway within survey limits and for the necessary sidings, stations, repairing shops, and car sheds to be provided for in accordance with the detailed plans now made or hereafter to be made by the Engineer-in-Chief and approved by the Viceroy shall be acquired by the Viceroy at the actual cost of the land, and shall be paid for out of the proceeds of the Loan.

The titles of the land for the Railway and all other lands shall be free from all encumbrances and entanglements and shall from time to time, as soon as secured, be registered in the name of the Railway.

Notices of all purchases of lands for the Railway within the survey limit (together with corresponding title deeds) are to be transmitted by the Railway Head Office under the direction of the Viceroy to the local agent of the Corporation for record and preservation in its office in Hongkong, and for the purpose of establishing the first mortgage security until the time when the same are to be returned to the Viceroy as hereinafter in this Article provided.

All lands the title deeds of which are lodged with the Corporation as part of the first mortgage security of the Loan shall not be disposed of in any way by hire, lease, or sale to any party for any purpose whatever without the written consent of the Viceroy except only in the event of the Imperial Chinese Government failing to pay the interest or principal of the Bonds and then in accordance with the powers in the deed of mortgage.

The lands thus bought shall be free from all encumbrances.

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1. the guarantee and mortgage thus given by the Chinese Government it is hereby declared that this Railway is in fact a Chinese property. All land that may be required along the whole course of the Railway within survey limits and for the necessary sidings, stations, repairing shops, and car sheds to be provided for in accordance with the detailed plans now made or hereafter to be made by the Engineer-in-Chief and approved by the Viceroy shall be acquired by the Viceroy at the actual cost of the land, and shall be paid for out of the proceeds of the Loan. The titles of the land for the Railway and all other lands shall be free from all encumbrances and entanglements and shall from time to time, as soon as secured, be registered in the name of the Railway. Notices of all purchases of lands for the Railway within the survey limit (together with corresponding title deeds) are to be transmitted by the Railway Head Office under the direction of the Viceroy to the local agent of the Corporation for record and preservation in its office in Hongkong, and for the purpose of establishing the first mortgage security until the time when the same are to be returned to the Viceroy as hereinafter in this Article provided. All lands the title deeds of which are lodged with the Corporation as part of the first mortgage security of the Loan shall not be disposed of in any way by hire, lease, or sale to any party for any purpose whatever without the written consent of the Viceroy except only in the event of the Imperial Chinese Government failing to pay the interest or principal of the Bonds and then in accordance with the powers in the deed of mortgage. The lands thus bought shall be free from all encumbrances.

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... 2 > 343 1. the guarantee and mortgage thus given by the Chinese Govern mant it is hereby declared that this Railway is in fact a Chinese pro, erty. All land that may be required along the whole course of the Railway within survey limita and for the necessary sidings, stations, repairing shops, and car sneds to be provided for in accordance with the detailed plans now mode or hereafter to he made by the Engineer-in-Chief and up- proved by the Viceroy shall be acquired by the Ticeroy at the actual cost of the land, and shall be paid for out of th proceeds of the Toan. The titles of the land for the Railway and all other lands shall be free from all enambrances and entanglemants and shall from time to time, as soon as secured, be regisz tered in the name of the Railway. the Railay Notices of all purchases of lands fo within the survey limit (together with corresponding title deeds are to he transmitted by the Railway Head Office under the direction of the Viceroy to the local agent of the Corporation for record and preservation in its of- fice in Hongkong, and for the purpose of establishing the first mortgage security until the time when the same are to be returned to the Viceroy as hereinafter in tuas Ar- ticle provided. All lands the title deeds of which are lodged with the Corporation as part of the first mortgage security of the Luan shall not be disposed of in any way by hire leave tes or sale to any party for any purpose whatever without the written consent of the Viceroy except only in the event of the Imperial Chinese Covern ent, failing to pay the interest or principal of the Bonds and then in accordance with the powers in the deed of mortgage. The lands thus hought shall be free from all encum- brances

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343

the guarantee and mortgage thus given by the Chinese Govern mant it is hereby declared that this Railway is in fact a Chinese pro, erty.

All land that may be required along the whole course of the Railway within survey limita and for the necessary sidings, stations, repairing shops, and car sneds to be provided for in accordance with the detailed plans now mode or hereafter to he made by the Engineer-in-Chief and up- proved by the Viceroy shall be acquired by the Ticeroy at the actual cost of the land, and shall be paid for out of th proceeds of the Toan.

The titles of the land for the Railway and all other lands shall be free from all enambrances and entanglemants and shall from time to time, as soon as secured, be regisz tered in the name of the Railway.

the Railay

Notices of all purchases of lands fo within the survey limit (together with corresponding title deeds are to he transmitted by the Railway Head Office under the direction of the Viceroy to the local agent of the Corporation for record and preservation in its of- fice in Hongkong, and for the purpose of establishing the first mortgage security until the time when the same are to be returned to the Viceroy as hereinafter in tuas Ar- ticle provided.

All lands the title deeds of which are lodged with the Corporation as part of the first mortgage security of the Luan shall not be disposed of in any way by hire

leave tes or sale to any party for any purpose whatever without the written consent of the Viceroy except only in the event of the Imperial Chinese Covern ent, failing to pay the interest or principal of the Bonds and then in accordance with the powers in the deed of mortgage.

CO129-338 - Public Offices & Others - 1906 — Page 348

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