CO129-351 - Public Offices - 1908 — Page 233

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

LIANG TUN YEN

(under Seal of Wai-wu Pu),

Art. 20. By the Preliminary Agreement under Imperial sanction a participation of 20 per cent. of the net profits of the railway had been promised to the Syndicate in remuneration for their general responsibility and services. In commutation of this participation in net profits the Syndicate is granted the right to retain £200,000 of the first issue of this loan, in instalments and on dates based on, and in proportion to the terms of subscription to the loan as stated in the prospectus. No further payment in respect to commutation of profits will be allowed on any subsequent series of the loan, or on any supplementary loan.

Art. 21. After payment of interest and repayment of principal of the loan for the year, the Railway Administration will deposit with the Deutsch-Asiatische Bank, and the Hong Kong and Shanghai Banking Corporation in Shanghai or Tien-tsin any surplus of the net revenue of the railway line for the year up to the amount required to pay the following year's instalments of interest on the loan; the rate of interest on the deposit being arranged with the banks from time to time with due regard to the conditions of the market.

Art. 22. The Deutsch-Asiatische Bank and the Chinese Central Railway (Limited) may, subject to all their obligations under this Agreement, transfer or delegate all or any of their rights, powers, and discretions thereunder to any German or British Company, Directors, or agents, with power of further transfer and sub-delegation; such transfer, sub-transfer, delegation, or sub-delegation to be subject to the approval of the Director General.

Art. 23. This Agreement was signed under authority of an Imperial Edict dated this 10th day of the twelfth month of the 33rd year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar, which has been officially communicated to the Ministers of Great Britain and Germany in Peking by the Wai-wu Pu.

Art. 24. Five sets of this Agreement are executed in English and Chinese, three sets to be retained by the Imperial Chinese Government and two by the Syndicate.

In the event of any doubt arising regarding the interpretation of the contract, the English text shall rule.

Signed at Peking by the contracting parties this 10th day of the twelfth month of the thirty-third year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar.

(Signed)

Tien-tsin-Pukow Railway Loan, £5,000,000, at 5 per cent., 30 years,

SCHEDULE of Payments of Interest and Repayments of Principal.

Years. Total Principal. Interest. Principal. Principal still Outstanding. 1 £5,000,000 £125,000 ... £5,000,000 2 £5,000,000 £125,000 £125,000 £5,000,000 3 £5,000,000 £125,000 £125,000 £5,000,000 4 £5,000,000 £125,000 £125,000 £5,000,000 5 £5,000,000 £125,000 £125,000 £5,000,000 6 £5,000,000 £125,000 £125,000 £5,000,000 7 £5,000,000 £125,000 £125,000 £5,000,000 8 £5,000,000 £125,000 £125,000 £5,000,000 9 £5,000,000 £125,000 £125,000 £5,000,000 10 £5,000,000 £125,000 £125,000 £5,000,000 11 £4,750,000 £118,750 £125,000 £4,750,000 12 £4,500,000 £112,500 £125,000 £4,500,000 13 £4,250,000 £106,250 £125,000 £4,250,000 14 £4,000,000 £100,000 £125,000 £4,000,000 15 £3,750,000 £93,750 £125,000 £3,750,000 16 £3,500,000 £87,500 £125,000 £3,500,000 17 £3,250,000 £81,250 £125,000 £3,250,000 18 £3,000,000 £75,000 £125,000 £3,000,000 19 £2,750,000 £68,750 £125,000 £2,750,000 20 £2,500,000 £62,500 £125,000 £2,500,000 21 £2,250,000 £56,250 £125,000 £2,250,000 22 £2,000,000 £50,000 £125,000 £2,000,000 23 £1,750,000 £43,750 £125,000 £1,750,000 24 £1,500,000 £37,500 £125,000 £1,500,000 25 £1,250,000 £31,250 £125,000 £1,250,000 26 £1,000,000 £25,000 £125,000 £1,000,000 27 £750,000 £18,750 £125,000 £750,000 28 £500,000 £12,500 £125,000 £500,000 29 £250,000 £6,250 £125,000 £250,000 30 ... £6,250 £125,000 ...

For the Deutsch-Asiatische Bank,

(Signed) H. CORDES.

For the Chinese Central Railways (Limited),

(Signed) J. O. P. BLAND.

Note.-Pending the issue of the final series of this loan, in terms of Article 13 of the Agreement, the half-yearly interest on the series actually issued shall be calculated pro rata in respect to the amounts of such series on the basis of the present Schedule for the total amount of £5,000,000, but it shall be so arranged that the dates of payment of the second and any subsequent series shall coincide with those of the first series in such way that, when all the series have been issued, the half-yearly service of principal and interest of the loan may be brought into line in respect to dates of payment.

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LIANG TUN YEN (under Seal of Wai-wu Pu), 6 Art. 20. By the Preliminary Agreement under Imperial sanction a participation of 20 per cent. of the net profits of the railway had been promised to the Syndicate in remuneration for their general responsibility and services. In commutation of this participation in net profits the Syndicate is granted the right to retain £200,000 of the first issue of this loan, in instalments and on dates based on, and in proportion to the terms of subscription to the loan as stated in the prospectus. No further payment in respect to commutation of profits will be allowed on any subsequent series of the loan, or on any supplementary loan. Art. 21. After payment of interest and repayment of principal of the loan for the year, the Railway Administration will deposit with the Deutsch-Asiatische Bank, and the Hong Kong and Shanghai Banking Corporation in Shanghai or Tien-tsin any surplus of the net revenue of the railway line for the year up to the amount required to pay the following year's instalments of interest on the loan; the rate of interest on the deposit being arranged with the banks from time to time with due regard to the conditions of the market. Art. 22. The Deutsch-Asiatische Bank and the Chinese Central Railway (Limited) may, subject to all their obligations under this Agreement, transfer or delegate all or any of their rights, powers, and discretions thereunder to any German or British Company, Directors, or agents, with power of further transfer and sub-delegation; such transfer, sub-transfer, delegation, or sub-delegation to be subject to the approval of the Director General. Art. 23. This Agreement was signed under authority of an Imperial Edict dated this 10th day of the twelfth month of the 33rd year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar, which has been officially communicated to the Ministers of Great Britain and Germany in Peking by the Wai-wu Pu. Art. 24. Five sets of this Agreement are executed in English and Chinese, three sets to be retained by the Imperial Chinese Government and two by the Syndicate. In the event of any doubt arising regarding the interpretation of the contract, the English text shall rule. Signed at Peking by the contracting parties this 10th day of the twelfth month of the thirty-third year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar. (Signed) 7 Tien-tsin-Pukow Railway Loan, £5,000,000, at 5 per cent., 30 years, SCHEDULE of Payments of Interest and Repayments of Principal. Years. Total Principal. Interest. Principal. Principal still Outstanding. 1 £5,000,000 £125,000 ... £5,000,000 2 £5,000,000 £125,000 £125,000 £5,000,000 3 £5,000,000 £125,000 £125,000 £5,000,000 4 £5,000,000 £125,000 £125,000 £5,000,000 5 £5,000,000 £125,000 £125,000 £5,000,000 6 £5,000,000 £125,000 £125,000 £5,000,000 7 £5,000,000 £125,000 £125,000 £5,000,000 8 £5,000,000 £125,000 £125,000 £5,000,000 9 £5,000,000 £125,000 £125,000 £5,000,000 10 £5,000,000 £125,000 £125,000 £5,000,000 11 £4,750,000 £118,750 £125,000 £4,750,000 12 £4,500,000 £112,500 £125,000 £4,500,000 13 £4,250,000 £106,250 £125,000 £4,250,000 14 £4,000,000 £100,000 £125,000 £4,000,000 15 £3,750,000 £93,750 £125,000 £3,750,000 16 £3,500,000 £87,500 £125,000 £3,500,000 17 £3,250,000 £81,250 £125,000 £3,250,000 18 £3,000,000 £75,000 £125,000 £3,000,000 19 £2,750,000 £68,750 £125,000 £2,750,000 20 £2,500,000 £62,500 £125,000 £2,500,000 21 £2,250,000 £56,250 £125,000 £2,250,000 22 £2,000,000 £50,000 £125,000 £2,000,000 23 £1,750,000 £43,750 £125,000 £1,750,000 24 £1,500,000 £37,500 £125,000 £1,500,000 25 £1,250,000 £31,250 £125,000 £1,250,000 26 £1,000,000 £25,000 £125,000 £1,000,000 27 £750,000 £18,750 £125,000 £750,000 28 £500,000 £12,500 £125,000 £500,000 29 £250,000 £6,250 £125,000 £250,000 30 ... £6,250 £125,000 ... For the Deutsch-Asiatische Bank, (Signed) H. CORDES. For the Chinese Central Railways (Limited), (Signed) J. O. P. BLAND. Note.-Pending the issue of the final series of this loan, in terms of Article 13 of the Agreement, the half-yearly interest on the series actually issued shall be calculated pro rata in respect to the amounts of such series on the basis of the present Schedule for the total amount of £5,000,000, but it shall be so arranged that the dates of payment of the second and any subsequent series shall coincide with those of the first series in such way that, when all the series have been issued, the half-yearly service of principal and interest of the loan may be brought into line in respect to dates of payment. 0 230

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LIANG TUN YEN (under Seal of Wai-wu Pa), 6 Art. 20. By the Preliminary Agreement under Imperial sanction a participation of 20 per cent. of the net profits of the railway had been promised to the Syndicate in remuneration for their general responsibility and services. In commutation of this participation in net profits the Syndicate is granted the right to retain 200,0007, ont di the first issue of this loan, in instalments and on dates based on, and in proportion to the terms of subscription to the loan as stated in the prospectus. No further payment in respect to commutation of profits will be allowed on any subsequent series of the loan. or on any supplementary loan. current Art. 21. After payment of interest and repayment of principal of the loan for the Railway Administration will deposit with the Deutsch-Asiatische Bank year, and the Hong Kong and Shaughae Banking Corporation in Shanghae or Tien-tsin any surplus of the net revenue of the railway line for the year up to the amount required t pay the following year's instalments of interest on the loan; the rate of interest on the deposit being arranged with the banks from time to time with due regard to the conditions of the market. Art. 22. The Deutsch-Asiatische Bank and the Chinese Central Railway (Limited) may, subject to all their obligations under this Agreement, transfer or delegate all or any of their rights, powers, and discretions thereunder to any German or British Company, Directors, or agents, with power of further transfer and sub-delegation; such transfer, subtransfer, delegation, or sub-delegation to be subject to the approval of the Director General. Art. 23. This Agreement was signed under authority of an Imperial Edict dated this 10th day of the twelfth month of the 33rd year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar, which has been officially communicated to the Ministers of Great Britain and German in Peking by the Wai-wu Pu. Art. 24. Five sets of this Agreement are executed in English and Chinese, three sets to be retained by the Imperial Chinese Government and two by the Syndicate. In the event of any doubt arising regarding the interpretation of the contract, the English text shall rule. Signed at Peking by the contracting parties this 10th day of the twelfth month of the thirty-third year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar. (Signed) 7 Tien-tsin-Pukow Railway Loan, 5,000,0001., at 5 per cent., 30 years, SCHEDULE of Payments of Interest and Repayments of Principal. Total Principal Years. Interest. Principal. Principal still Repaid. Outstanding. any £ 125,000 £ 戈 £ 1 5,000,000 125,000 125,000 2 5,000,000 125,000 125,000 5,000,000 125,000 125,000 1 5,000,000 125,000 125,000 5 5,000,000 125,000 125,000 6 5,000,000 125,000 125,000 7 5,000,000 125,000 125,000 8 5,000,000 125,000 125,000 5,000,000 125,000 125,000 10 5,000,000 125,000 125,000 125,000 11 250,000 4,750,000 125,000 125,000 118,750 125,000 12 500,000 4,500,000 118,750 125,000 112,500 125,000 13 750,000 4,250,000 112,500 125,000 106,250 125,000 14 1,000,000 4,000,000 106,250 125,000 100,000 125,000 15 1,250,000 3,750,000 100,000 125,000 93,750 125,000 16 1,500,000 3,500,000 93,750 125,000 87,500 125,000 For the Deutsch-Asiatische Bank, (Signed) 17 1,750,000 3,250,000 87,500 125,000 H. CORDES. 81,250 125,000 18 2,000,000 3,000,000 81,250 125,000 For the Chinese Central Railways (Limited), (Signed) J. O. P. BLAND. 75,000 125,000 19 2,250,000 2,750,000 75,000 125,000 20 21 22 23 25 8 = 2 * + * 10 8 8 8 68,750 125,000 2,500,000 2,500,000 68,750 125,000 62,500 125,000 2,750,000 2,250,000 62,500 125,000 56,260 125,000 3,000,000 2,000,000 66,250 125,000 50,000 125,000 3,250,000 1,750,000 50,000 125,000 43,750 125,000 24 3,500,000 1,500,000 48,750 125,000 37,500 125,000 8,750,000 1,250,000 36,500 125,000 81,250 125,000 26 4,000,000 1,000,000 31,250 125,000 25,000 125,000 27 4,250,000 750,000 25,000 125,000 18,750 125,000 28 1,600,000 500,000 18,750 125,000 12,500 125,000 29 4,750,000 250,000 12,500 125,000 6,250 125,000 30 5,000,000 6,250 125,000 Note.-Pending the issue of the final series of this loan, in terms of Article 13 of the Agreement, the half-yearly interest on the series actually issued shall be calculated pro ratá in respect to the amounts of such series on the basis of the present Schedule for the total amount of 5,000,0007, but it shall be so arranged that the dates of payment of the second and any subsequent series shall coincide with those of the first series in such way that, when all the series have been issued, the half-yearly service of principal and interest of the loan may be brought into line in respect to dates of payment. 0 230

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LIANG TUN YEN

(under Seal of Wai-wu Pa),

Art. 20. By the Preliminary Agreement under Imperial sanction a participation of 20 per cent. of the net profits of the railway had been promised to the Syndicate in remuneration for their general responsibility and services. In commutation of this participation in net profits the Syndicate is granted the right to retain 200,0007, ont di the first issue of this loan, in instalments and on dates based on, and in proportion to the terms of subscription to the loan as stated in the prospectus. No further payment in respect to commutation of profits will be allowed on any subsequent series of the loan. or on any supplementary loan.

current

Art. 21. After payment of interest and repayment of principal of the loan for

the Railway Administration will deposit with the Deutsch-Asiatische Bank year, and the Hong Kong and Shaughae Banking Corporation in Shanghae or Tien-tsin any surplus of the net revenue of the railway line for the year up to the amount required t pay the following year's instalments of interest on the loan; the rate of interest on the deposit being arranged with the banks from time to time with due regard to the conditions of the market.

Art. 22. The Deutsch-Asiatische Bank and the Chinese Central Railway (Limited) may, subject to all their obligations under this Agreement, transfer or delegate all or any of their rights, powers, and discretions thereunder to any German or British Company, Directors, or agents, with power of further transfer and sub-delegation; such transfer, subtransfer, delegation, or sub-delegation to be subject to the approval of the Director General.

Art. 24. Five sets of this Agreement are executed in English and Chinese, three sets to be retained by the Imperial Chinese Government and two by the Syndicate.

In the event of any doubt arising regarding the interpretation of the contract, the English text shall rule.

Signed at Peking by the contracting parties this 10th day of the twelfth month of the thirty-third year of Kuang Hsü, corresponding to the 13th day of January, 1908, Western calendar.

(Signed)

Tien-tsin-Pukow Railway Loan, 5,000,0001., at 5 per cent., 30 years,

SCHEDULE of Payments of Interest and Repayments of Principal.

Total Principal

Years.

Interest.

Principal.

Principal still

Repaid.

Outstanding.

any

£ 125,000

戈

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

5,000,000

125,000

250,000

4,750,000

125,000

118,750

125,000

500,000

4,500,000

118,750

125,000

112,500

125,000

750,000

4,250,000

112,500

125,000

106,250

125,000

1,000,000

4,000,000

106,250

125,000

100,000

125,000

1,250,000

3,750,000

100,000

125,000

93,750

125,000

1,500,000

3,500,000

93,750

125,000

87,500

125,000

For the Deutsch-Asiatische Bank,

(Signed)

1,750,000

3,250,000

87,500

125,000

H. CORDES.

81,250

125,000

2,000,000

3,000,000

81,250

125,000

For the Chinese Central Railways (Limited),

(Signed) J. O. P. BLAND.

75,000

125,000

2,250,000

2,750,000

75,000

125,000

8 = 2 * + * 10 8 8 8

68,750

125,000

2,500,000

68,750

125,000

62,500

125,000

2,750,000

2,250,000

62,500

125,000

56,260

125,000

3,000,000

2,000,000

66,250

125,000

50,000

125,000

3,250,000

1,750,000

50,000

125,000

43,750

125,000

3,500,000

1,500,000

48,750

125,000

37,500

125,000

8,750,000

1,250,000

36,500

125,000

81,250

125,000

4,000,000

1,000,000

31,250

125,000

25,000

125,000

4,250,000

750,000

25,000

125,000

18,750

125,000

1,600,000

500,000

18,750

125,000

12,500

125,000

4,750,000

250,000

12,500

125,000

6,250

125,000

5,000,000

6,250

125,000

Note.-Pending the issue of the final series of this loan, in terms of Article 13 of the Agreement, the half-yearly interest on the series actually issued shall be calculated pro ratá in respect to the amounts of such series on the basis of the present Schedule for the total amount of 5,000,0007, but it shall be so arranged that the dates of payment of the second and any subsequent series shall coincide with those of the first series in such way that, when all the series have been issued, the half-yearly service of principal and interest of the loan may be brought into line in respect to dates of payment.

CO129-351 - Public Offices - 1908 — Page 233

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