aboen
.
bandenebreat
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inspeeters certificates are to be submitted to the Viceroy.
these services the Syndicate will receive a commission of 5 per
cent on the invoice oest er all materiale so purchased.
For
619
With a view to encouraging Chinese industries, Chinese
government and other materials are to be preferred provided
prices and quality are suitable.
Yo commission shall be allowed
to the Syndicate on the purchase of materials of bona fide Chinese
origin.
At the request of the Viceroy preference will be riven, at
equal rates and provided other conditions are satisfactory, to
Japanese tenders for work in a total mount not exceeding 716.
1,000,000, to be paid fer from the precende of this loan.
(10)
(11)
behalf.
:
The Byndicate le hereby mpowered to appoint, at its discretion,
ene or more of its smbers, or of the Companies of which it is
composed, as Trustee or Trustees for the bondholders, and in my
future negetiations respecting this lean, or questione arising in
connectier therewith, auch trustee er trustees shall be taken as
representing the bondholders and shall have power to get on their
In view of the fact that this lean le for a small amount,
no remuneration is anked in the present instance for these ser-
vices: but in the event of further loans for similar objecte
being arranged between the Viceroy or the Impl. Chinese government
and the Syndicate, this shall not be claimed as a precedent, mer
act as a bar to the discussion later of such remuneration to
the trustees as their increased wepe responsibilities mad
trouble may upper to call for.
Immediately after the signature of this ngrement, and before
the prospectus of the loan shall be issued to the public, the
Viceroy shall meserialise the Threne for an Imperial Edlot con- fimming and sanctioning the provisions of this agreement: and the Impl. diet se received shall be communiented officially and without delay by the Vai-wu-pu te the British and Prench Vinisters in Peking.
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