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of Pern and by the Bondholders, the sum necessary for the construction of the constructed; if lines are built indepen, railways from Chicla to the Orova, and dent of those now constructed, a broad | Company shall be subrogated to the Com. from Juliaca to Marangani and Sicuani, I guage shall be used, except in the case | mittee in all its rights and obligations in conformity with the contracts for the of the line mentioned of Samanco, Casma construction of those roads which the or Supe, where a narrow line may be Bondholders oblige themselves to secure adopted. and place before the said representative of the Government in London, hefere the (ometers stipulated under letter C. in the the necessary capital to work the railloan is floated. The said Banking Institution shall ouly fifty Kilometers within the fourth year, pay out, from the sums deposited with it.