CO129-513-9 Proposals for civil and commercial aviation in Hong Kong- requests for air-routes between Hong Kong... 13-11-1928 - 30-9-1929 — Page 85

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Shameen, Canton, China,

January 5th, 1929.

The Agent,

Hongkong & Shanghai Banking Corporation,

Shameen, Canton.

PJ

Dear Sir,

Regarding a sum of Hongkong Dollars Forty thousand only

(Hkg. $40,000.00) which was deposited with you to-day to the

credit of our account by the Aviation Bureau, Canton (or it's

representative), we desire to explain that this amount is de-

posited in accordance with the terms of an agreement made to -

day between the Aviation Bureau, Canton and our firm, whereby

we undertake to supply ten British manufactured aeroplanes to

the bureau within a specified time etc. A copy of this con-

tract has been handed to you by the "Undersigned" this evening.

Although not stated in the agreement, we wish you

(or your Hongkong office) to hold this sum until we have carrie

out our part of the contract. In the event of failure on our

part to fulfil our obligations, you may return the sum in full

to the Aviation Bureau without further reference to us. We

wish to point our, however, that failure on the part of the

Bureau to fulfil their part of the agreement does not entail

the holding of this sum indefinitely and, once we have

carried out our part, the entire amount becomes our property

unconditionally.

We are. etc.,

Per Pro BOYD & CO.

(Sgd) Francas R. Smith.