CO129-425 - Governor Sir May - 1915 [10-12] — Page 379

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

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373

Shanghai shall be shipped to Hongkong and duty paid opium shall be ship-

-ped to Canton.

4a. If any chest of Malwa opium or of Patna or Benares opium shall

owing to circumstances over which the parties hereto of the first part

have no control contain less than the normal quantity of opium whether

cakes or balls (as the case may be) delivery shall nevertheless be taker. by the Envoy but the price shall be proportionately diminished.

5. The weight allowances given to Chinese purchasers in respect

of all Malwa opium as specified in Clause 8 of the Agreement between the

parties hereto of the first part of the 8th. July, 1913, shall be allow -ed to the Envoy in respect of all opium purchased which is Malwa opium

but such Malwa opium must be weighed within two months from the first

October, 1915.

6. The Envoy shall take delivery without fail of not less thm 30 chests of all opium purchased under this Agreement during the month of October, 1915, and of not less than 35 chests during November 1915 and shall thereafter without fail take delivery each month commencing

in December 1915 of not less than one sirteenth of the balance of all

opium purchased. If the Envoy shall take delivery of any monthly quantity or any portion thereof within 30 days after my month the parties hereto of the first part shall be entitled to sell such opium either by public auction or private contract and the Envoy shall pay to the parties here to of the first part all losses damages costs charges and expanses incurred or sustained by then.

7. The Envoy shall in respect of all opium purchased under this Agreement pay to essrs. David Sassoon and Co. Ltd. for each chest of opium taken delivery of by him the sum of $3,500 Mexican dollars in accordance with the Envoy and the Shanghai combine dated the 1st. May, 1915, in addition to the price for such chest as hereinbefore provided.

8. All payments to be made by the Envoy for all opium purchased

shall be made to Messrs. David Sassoon and Co. Ltd.

9. As security for the performance by the Envoy of his obliga- -tions under this Agreement the Envoy shall deposit with Messrs. David Sassoon and Co. Ltd. on behalf of the parties hereto of the first part

the

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