CO129-516-4 Canton-Kowloon Railway- use of money from the 'Boxer Indemnity' 21-2-1929 - 6-8-1929 — Page 36

Curation -

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the representations of the Managing Director it was decided

to reduce the claim to $5633.33 treating it as though the

original cost had been $6,500 only, which is the average cost of a batch of wagons recently supplied by the British Section to the Yueh Han Railway, and allowing for depreciation

accordingly.

3.

The $5633.35 recovered from the Chinese

Section has been credited to Miscellaneous Receipts,

Condemned Stores in the Treasury accounts and to Capital Account in the Railway books and I request your sanction to write off the sum of $1051.27 being the difference between the value of the Wagon shown in the Railway books and the

actual refund received.

Josh

I have the honour to be,

Sir,

Your most obedient humble servant,

Cemento

о

Governor, &c.