CO129-374 - Public Offices & Others - 1910 — Page 262

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

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Boards invariably contains provisions intended to secure

fairness in operation by equalising the voting power of sach

Company on the Board. This is sometimes done by agreeing that

voting shall be by Company; sometimes by a regulation that

no votes shall be taken unless all the members are present.

The constitution also invariably provides some method by which

a deadlook caused by the equality of votes can be removed.

In England this is generally done by referring the question

at issue to an Arbitrator, but this method would not, of course,

be suitable where the Owners are Governments.

One great advantage of a Joint Working Arrangement

with a Joint Board of Control is that the original Agreement

can be enormously simplified. Practically all the details

which would have to be set out at length in an Agreement for

working through traffic can be left over to be determined by the

Board when it meets, but it is necessary to determine what

expenses are to be treated as working expenditure and paid out

of the receipts, and also in what proportion any divisible

profit is to be divided between the Owning Companies.

Rates and Fares are fixed in relation to one definite

ascertained circumstance, the cost of the line, and one

problematical question, the amount the traffic will bear.

Through Rates are divided between the Owning Companies by a

mileage division, but when the line of one Company is more

costly per mile than that of the other the mileage division is

not by actual mileage but by computed mileage; the owner of the

more costly line is entitled to certain extra or bonus miles in

addition to its actual mileage. There are many examples of

this in the United Kingdom. Perhaps the most interesting is

the Forth Bridge, which belongs to a separate Company, and

5 owing to its great coat receives a bonus mileage of 19 miles

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(in

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