The Archive · 1929

Revision of Old Pact

(6) The contract of August (September 8), 1896, for the Construction and" Operation of the Chinese Eastern Railway, shall be revised within four months after the Signing of this Agreement, by a Commission to be appointed by the two Contrasting Parties, in accord ance with the articles herein contain. ed, Until the said. Contract is re vised, the rights of the two Gov ments avising out therefrom, whic" do not conflict with this Agreemen: nor prejudice China's rights of sovereignty, shall be mainta: ned.

(1) The Railway shall establish a Board of Auditors to be composed of five persons, namely two Chinese 'Auditors, who shall be appointed by the Republic' of China, and three Russian Auditors, who shall be ap pointed by the Government of the Union of Soviet Socialist Republic. The Chairman. of the Board of Auditors shall be. elected from among the Chinese Auditors.

The Government of the U of Soviet Socialist Republics agrees to the settlement of the question of the indebtedness of the Chines Eastern Railway Ca, by " Com mission to be appointed by the two Contracting Parties, in accordance with Item 4 of Article IX of the Sino-Russian Agreement on General Principles signed at Peking on May 31, 1984 (9) All the net profits of the Ri way shall be held by the Beard of Directors and shall not lo usee before the question as to how to vide these profits between the two Contracting Parties is seitied by a Commission to be appointed by tre two Governments.

The Affairs of the Company (10) The Board of Directors shai! revise a3. soon as possible the statutes of the Chinese Eastern Railway Ca., approved on December 4, 1806, by the former Russian Government, in accordance with this 'Agreement, and in any case, not Tater than' four months from the} date of the constitation of the Boara of Directors. Pending their Vision, the said statutes, insofar as' they do not conflict with this Agres-ment and do not prejudice the rights of sovereignty of the Republic China, shall continue to be observeu.

(11) The Chiefs and Assistant Chiefs of the various Departments the be appointed by the Directors. If the Chief of Department is a national of the Republic of Ching, the Assistant Chief of Department shall be"

{of the Union. of Soviet Socialist Republics, and if the Chief fof Department isa national of the Union of Soviet Socialist Republics, the Assistant Chief shall. be national of the Republic of (hina (12) The employment of persons inthe various "departments of the accordance with the principle of equal representation: between the nationals of the Republic of China and those of the Union of Soviet Socialist Republics

aforesaid principle of equal repre Nor! carrying oct the Sentation, the regular operation of the Railway and the progress of its affairs shall in no ways be hamper-@d-and hindered. That is, the ap ointment of officers of both natior~ lites shall be governed by the con-Sideration of their experienc" character and qualifications

Text read from the printed page and cleaned; old type leaves the occasional error.

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