CO129-506-8 Prevention of piracy- use of armed patrol launches in Canton Delta 12-1-1927 - 28-3-1927 — Page 29

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29

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and $25,000 for the "Nessus", subject except in the

case of the "Faulkner" to a depreciation of 7% per annum

the other half being borne by the Admiralty.

In the case of repairs necessary through

collision or fire it was agreed that the cost should be divided between the Colonial Government and the Admiralty as in the case of total loss,

It was further agreed that the cost of insurance of these three armed launches against loss or serious damage should be shared by the Colonial Government and the Admiralty, should the colonial Government decide to insure against their share of the risk.

Intd. C.C.

Governor.

Intd. G.S.A.S.

Admiral, Commander-in-Chief.