FREE PORT OF COPENHAGEN 101

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| ART. 7. The secretary of the interior will submit annually to the Rigsdag, for
tg approval, a detailed statement of the amount which the company may have
18ed of its capital stock.
| Three years after the opening and use of the free port the secretary of the
nterior may, in accordance with article 3, second last paragraph, of the law
Above mentioned, and. with the approval of the legislative power, relieve the
0mpany from the obligation of using its entire capital stock.
Art. 8. All the designs and plans for buildings and equipment to be contructed
 by the company must be inspected and approved by the secretary of
he interior, but such inspection can not be made by the Copenhagen harbor
oard.
ART. 9. Concerning the joint accounts between the State railway and the free
ort: company in regard to the construction of the junctions connecting the
allway in the free port with those of the State, and with the State railway
eading to the Copenhagen customhouse, and eventually with those railways
vhich the State may construct over steam floats in the free port (see art. 28),
‘hese shall be prepared by special arrangement approved by the secretary of the
anterior.
The State reserves the right to construet and use a direct route to pass through
‘he territory of the free port, beginning at the distribution station near the quay
vall of the dock until it reaches the wall communicating between the free port
Wd the customhouse.
ART. 10. As soon as the improvements to be made by the port authorities are
jufficiently advanced so that construction on the buildings mentioned in article 5
A3y be begun, the harbor board will authorize the company to start work thereon.
The same action will be taken for the construction of buildings to be erected by
tivate parties for industrial use. The company should employ the greatest
letivity possible on its construction, so that it will in no way interfere with or
lelay the buildings to be erected by the harbor board. . .
_ Arr. 11. The secretary of the interior will determine. the date on which the
Tee port will be open for use and communicate the same to the company for
‘heir compliance therewith, and will at the same time enforce the provisions
of article 8 of law No. 44, dated March 31, 1891. ;
- Art. 12. The free port. company will have its principal place of business in
~Openhagen. The secretary of the interior is authorized to name one or two of
she directors of this company, who may number three or more, respectively.
All the directors must be natives and Danish citizens. .
The provisional statutes of the company in force during the period of construction,
 ag well as the final ones, and the modifications which may be intro-Iuced
 therein, will not be valid unless ratified by the secretary of the interior.
, Art. 13. In accordance with the resolution of the secretary of the interior
\®Xamine, however, article 34 hereinafter stated) the company has the right
‘0 exploit the free port during 80 years from the date of its opening; the comany,
 however, is under obligation to carry on this exploitation in such manner
"8 to attain the purposes of a free port. The secretary of the interior will
‘Pprove all contracts of lease which may be made between the company and pri-Yate
 parties, as well as all tariffs (including the rates for electric lighting and
stun power which the company may furnish to private parties within the
Tee port) and the rules and regulations governing the management of the free
Port. These tariffs and regulations can not be suspended without the consent
ol the secretary, except in very urgent cases, when approval must be obtained
to om as possible thereafter. The company must permit merchandise deposand
 in Open or inclosed spaces within the free port leased out to private parties,
which it was impossible to receive in the warehouses of the company. to