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APPENDIX
by a mortgage of the road, which he may transfer by means of a new concession.
The rate of interest which the obligations may bear, and the manner of retiring them, shall be fixed in each concession.
12th. These authorizations shall be in force during the time of the recess of Congress, at the end of which the Executive shall give an account of the use which he has made of them.
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Given in the Palace of the Executive Power of the Union in Mexico, on the 1st of June, 1880.
Porfirio Diaz.
(Translation, from "Mexican Central Railway Co., Limited.")
Department of State and of Public Works, Colonization, Industry, and Commerce of the Mexican Republic.
(Extracts from Contract between Manual Fernandez, Chief Clerk of the Department of Public Works, in representation of the Executive of the Union, and Sebastian Camacho and Ramon G. Guzman, in representation of the Mexican Central Railway Company, Limited, for the construction of two railway lines, one from Mexico to the Pacific Coast, and the other from Mexico to Paso del Norte).
Chapter I. Construction of the Railways.
Article 1. . . .
At the end of the ninety-nine years of the grant, the line will pass, in good condition and free of debt, to the
